Investing.com - EOG Resources (NYSE:EOG) reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.24 on revenue of $4.57B. Analysts polled by Investing.com expected EPS of $1.35 on revenue of $4.48B. That compared to EPS of $0.69 on revenue of $3.34B in the same period a year earlier. The company had reported EPS of $1.75 on revenue of $4.78B in the previous quarter.
EOG Resources shares lost 0.04% to trade at $93.96 in after-hours trade following the report.
For the year, EOG Resources shares are up 7.79%, under-performing the S&P 500 which is up 12.77% year to date.
EOG Resources follows other major Energy sector earnings this month
On Friday, February 1, 2019, Exxon Mobil reported fourth quarter EPS of $1.29 on revenue of $71.9B, compared to forecasts of EPS of $1.08 on revenue of $72.53B.
Royal Dutch Shell B ADR earnings beat analyst's expectations on Thursday, January 31, 2019, with fourth quarter EPS of $1.38 on revenue of $102.23B. Investing.com analysts expected EPS of $1.27 on revenue of $92.55B
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