Aug. 8 at 4:56 PM
$EOG beats Q2 estimates but sees earnings decline 📉
EOG Resources reported Q2 EPS of
$2.32, surpassing the Zacks Consensus Estimate of
$2.21, yet down from
$3.16 YoY. Revenue also beat expectations at
$5.48B, driven by higher production volumes but hit by lower price realization.
Full earnings breakdown here 👉 https://www.zacks.com/stock/news/2683982/eog-q2-earnings-beat-estimates-on-higher-oil-equivalent-production?cid=sm-stocktwits-2-2683982-body-6818&ADID=SYND_STOCKTWITS_TWEET_2_2683982_BODY_6818