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EOG Resources Declines After Q4 Earnings Misses Estimates

February 24, 2023 — 10:25 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - EOG Resources, Inc. (EOG) shares are down more than 5 percent on Friday morning trade after the company's fourth-quarter profit missed estimates.

The company reportedly quarterly earnings of $1.94 billion or $3.30 per share, while analysts were looking for $3.37 per share.

Currently, shares are at $112.71, down 5.70 percent from the previous close of $119.53 on a volume of 1,704,022.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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