EOG Resources (EOG) reported Q4 earnings of $2.27 per share, exceeding the Zacks Consensus Estimate of $2.2 per share, though revenues of $5.64 billion missed expectations. Despite a strong stock performance year-to-date, the company currently holds a Zacks Rank #4 (Sell) due to unfavorable earnings estimate revisions. Investors are advised to consider the industry outlook and upcoming earnings reports from peers like Riley Exploration Permian.
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EOG Resources (EOG) Q4 Earnings Surpass Estimates
EOG Resources (EOG) reported Q4 earnings of $2.27 per share, exceeding the Zacks Consensus Estimate of $2.2 per share, though revenues of $5.64 billion missed expectations. Despite a strong stock performance year-to-date, the company currently holds a Zacks Rank #4 (Sell) due to unfavorable earnings estimate revisions. Investors are advised to consider the industry outlook and upcoming earnings reports from peers like Riley Exploration Permian.