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EOG Resources Earnings Miss, Revenue Beats In Q4 -Breaking

by Mike Robinson

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© Reuters. EOG Resources Earnings Miss, Revenue Beats In Q4

EOG Resources (NYSE) reported Thursday that the fourth quarter of 2014 was disappointingly short of analysts’ expectations and that revenue exceeded all expectations.

EOG Resources posted earnings per share (EPS) of $3.09 on $6.04B in revenue. Investing.com polled analysts to predict EPS of 3.18 on revenues of $6.04B.

EOG Resources shares have fallen 13% since the start of the year. However, they are still 5.87% below their 52-week high of $116.97 on February 22. They are under-performing the S&P 500 which is down 10.02% from the start of the year.

After-hours trading for EOG Resources stock fell 0.09% following the news.

EOG Resources will follow other notable earnings in the Energy sector for this month

EOG Resources reported on Exxon Mobil’s February 1 earnings beat. Exxon Mobil reported an EPS report of $2.05 for $84.97B in revenue, while EOG Resources forecasted an EPS rate of $1.94 to $85.01B.

Chevron missed its January 28 expectations, posting a fourth quarter EPS (EPS) of $2.56 on revenues of $48.13B. This compares to EPS forecasted at $3.13 on revenues of $45.34B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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