Investing.com - EOG Resources (NYSE:EOG) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
EOG Resources announced earnings per share of $0.43 on revenue of $2.25B. Analysts polled by Investing.com anticipated EPS of $0.19 on revenue of $2.62B.
EOG Resources shares are down 57.55% from the beginning of the year, still down 60.29% from its 52 week high of $89.54 set on January 8. They are under-performing the S&P 500 which is up 8.67% from the start of the year.
EOG Resources follows other major Energy sector earnings this month
EOG Resources's report follows an earnings beat by Exxon Mobil on October 30, who reported EPS of $-0.18 on revenue of $46.2B, compared to forecasts EPS of $-0.26 on revenue of $45.37B.
Chevron had beat expectations on October 30 with third quarter EPS of $0.11 on revenue of $24.45B, compared to forecast for EPS of $-0.26 on revenue of $25.84B.
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