Investing.com - EOG Resources (NYSE:EOG) reported third quarter earnings that matched analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.13 on revenue of $4.30B. Analysts polled by Investing.com expected EPS of $1.13 on revenue of $4.41B. That compared to EPS of $1.75 on revenue of $4.78B in the same period a year earlier. The company had reported EPS of $1.31 on revenue of $4.7B in the previous quarter.
For the year, EOG Resources shares are down 18.09%, under-performing the S&P 500 which is up 24.2% year to date.
EOG Resources follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported third quarter EPS of $0.68 on revenue of $65.05B, compared to forecasts of EPS of $0.67 on revenue of $60.9B.
Royal Dutch Shell B ADR earnings beat analyst's expectations on Thursday, October 31, 2019, with third quarter EPS of $1.18 on revenue of $86.59B. Investing.com analysts expected EPS of $0.98 on revenue of $84.9B
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