EOG Resources Inc. (EOG: Quote) 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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by RTT Staff Writer
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