Investing.com - EOG Resources (NYSE:EOG) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.19 on revenue of $4.06B. Analysts polled by Investing.com expected EPS of $0.99 on revenue of $3.76B. That compared to EPS of $1.19 on revenue of $3.68B in the same period a year earlier. The company had reported EPS of $1.24 on revenue of $4.57B in the previous quarter.
EOG Resources shares gained 2.64% to trade at $91.52 in after-hours trade following the report.
For the year, EOG Resources shares are up 4.4%, under-performing the Nasdaq which is up 23.51% year to date.
EOG Resources follows other major Energy sector earnings this month
On Friday, April 26, 2019, Exxon Mobil reported first quarter EPS of $0.55 on revenue of $63.63B, compared to forecasts of EPS of $0.7 on revenue of $63B.
Royal Dutch Shell B ADR earnings beat analyst's expectations on Thursday, with first quarter EPS of $1.3 on revenue of $83.74B. Investing.com analysts expected EPS of $1.11 on revenue of $84.65B
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