EOG Resources Inc. (EOG) reported second quarter adjusted non-GAAP net income of $1.16 per share after the close Thursday, up from $1.11 per share in the previous year. The consensus estimate was for EPS of $0.91.
EOG Resources gapped open sharply higher Friday and has spiked to the upside in early trade. Shares are now up 10.70 at $106.82. The stock has risen to nearly a 3-month high and has re-crossed its 200-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.