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EOG Resources (EOG) Q4 Earnings Miss Estimates, Revenues Fall Y/Y
EOGEOG Resources(EOG) Zacks Investment Research·2024-02-23 23:00

EOG Resources, Inc. (EOG) reported fourth-quarter 2023 adjusted earnings per share of $3.07, which missed the Zacks Consensus Estimate of $3.14. The bottom line declined from the year-ago quarter’s level of $3.30.Total quarterly revenues of $6,357 million beat the Zacks Consensus Estimate of $6,169 million. The top line, however, declined from $6,719 million reported in the prior-year quarter.Weak quarterly earnings were primarily due to lower realizations of commodity prices. Operational PerformanceIn the ...