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More on EOG Resources (EOG): Q3 handily beat Street estimates on higher production volume and...

More on EOG Resources (EOG): Q3 handily beat Street estimates on higher production volume and better oil prices, but net profit fell 34% Y/Y as the natural-gas and oil producer continues to rack up higher expenses. Total expenses climbed 21% to $2.35B. Crude oil and condensate revenue, the largest contributor to its top line, climbed 59%. However, natural gas liquids revenue fell 18%, while natural gas revenue slipped 26%. Shares +3.3% AH.
Comments (1)
  • took some eog profits this morning at 123.00
    6 Nov 2012, 09:45 AM Reply Like
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