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Barchart
Barchart
Aditya Sarawgi

EOG Resources Earnings Preview: What to Expect

Houston, Texas-based EOG Resources, Inc. (EOG) explores, produces, and markets crude oil, natural gas liquids, and natural gas. With a market cap of approximately $57.9 billion, EOG Resources’ operations span the United States, the Republic of Trinidad and Tobago, and internationally.

The energy sector giant is gearing up to announce its third-quarter results after the market closes on Thursday, Nov. 6. Ahead of the event, analysts expect EOG to report an adjusted profit of $2.43 per share, down 15.9% from $2.89 per share reported in the year-ago quarter. On a positive note, the company has surpassed Street’s bottom-line projections in each of the past four quarters.

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