EOG Resources Earnings, Revenue miss in Q2

© Reuters. EOG Resources Earnings, Revenue miss in Q2

Investing.com – EOG Resources (NYSE:) reported on Thursday second quarter that missed analysts’ forecasts and revenue that fell short of expectations.

EOG Resources announced earnings per share of $-0.23 on revenue of $1.10B. Analysts polled by Investing.com anticipated EPS of $-0.05 on revenue of $2.46B.

EOG Resources shares are down 39.24% from the beginning of the year and are trading at $50.89 , down-from-52-week-high.They are under-performing the which is up 3.68% from the start of the year.

EOG Resources follows other major Energy sector earnings this month

EOG Resources’s report follows an earnings missed by Exxon Mobil on July 31, who reported EPS of $-0.7 on revenue of $32.61B, compared to forecasts EPS of $-0.61 on revenue of $38.16B.

Chevron had missed expectations on July 31 with second quarter EPS of $-1.59 on revenue of $13.49B, compared to forecast for EPS of $-0.93 on revenue of $21.87B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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