EOG Resources (EOG) released earnings for second quarter that Decreased from last year but beat the Street estimates.
The company's earnings totaled $1.345 billion, or $2.46 per share. This compares with $1.690 billion, or $2.95 per share, last year.
Excluding items, EOG Resources reported adjusted earnings of $1.268 billion or $2.32 per share for the period.
Analysts on average had expected the company to earn $2.20 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 9.1% to $5.478 billion from $6.025 billion last year.
EOG Resources earnings at a glance (GAAP) :
-Earnings: $1.345 Bln. vs. $1.690 Bln. last year.-EPS: $2.46 vs. $2.95 last year.-Revenue: $5.478 Bln vs. $6.025 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.