EOG Resources (EOG) announced earnings for first quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $1.463 billion, or $2.65 per share. This compares with $1.789 billion, or $3.10 per share, last year.
Excluding items, EOG Resources reported adjusted earnings of $1.586 billion or $2.87 per share for the period.
Analysts on average had expected the company to earn $2.77 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 7.4% to $5.669 billion from $6.123 billion last year.
EOG Resources earnings at a glance (GAAP) :
-Earnings: $1.463 Bln. vs. $1.789 Bln. last year.-EPS: $2.65 vs. $3.10 last year.-Revenue: $5.669 Bln vs. $6.123 Bln last year.
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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.