Shares of EOG Resources, Inc. (EOG) are rising more than 5% Friday morning at $146.44, after reporting improved third quarter results.
Profit in the third quarter increased more than 100% to $2.854 billion or $4.86 per share, from $1.095 billion or $1.88 per share in the same quarter a year ago.
Excluding one-time items, earnings were $2.179 billion or $3.71 per share, that missed the average estimate of analysts polled by Thomson-Reuters of $3.73 per share.
Quarterly revenue increased to $7.593 billion from $4.765 billion a year ago.
Additionally, the company's Board declared a special dividend of $1.50 per share, payable on December 30, to stockholders of record as of December 15.
EOG has traded in the range of $80.67-$150.86 in the last 1 year.
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December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.