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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| EOG Resources Inc | NYSE:EOG | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.70 | -1.29% | 130.10 | 132.44 | 128.245 | 130.92 | 5,660,842 | 01:00:00 |
From May 2019 to May 2024
By Micah Maidenberg
EOG Resources Inc. (EOG) said profit increased in the second quarter.
The Houston-based oil and natural gas producer said earnings rose to $847.8 million, or $1.46 a share, up from $696.7 million, or $1.20 a share, a year earlier.
After adjustments, EOG reported a profit of $1.31 a share. Analysts expected $1.32 a share in adjusted profit, according to FactSet.
EOG also said Thursday that sales rose 11% from the year earlier to $4.69 billion. That was more than the $4.43 billion in sales analysts were targeting.
The company said its oil volumes grew 18 percent from the second quarter last year to 455,700 barrels of oil a day in the latest period. EOG said it benefited from lower transportation expenses and lease and well costs.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
August 01, 2019 17:20 ET (21:20 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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