EOG Resources, Inc. (NYSE:EOG) will be discussing 2Q20 financial results with the investment community.on 7th August 2020 at 10:00 AM eastern time.
The company released its quarterly earnings, after the market close on Thursday 6th August 2020
Those interested in listening to the conference call live via the Internet can visit www.eogresources.com
Quarterly Results
EOG Resources, Inc. unfold loss for the second quarter of $ 0.23 per share, from the revenue of $ 1,103.00 million. The quarterly revenues declined 76.52 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.05 per share from $ 2431.30 million in revenue. The bottom line results missed street analysts by $ 0.18 or 360 percent, at the same time, top line results fell short of analysts by $ 1 million or 54.63 percent.
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The companys principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the Peoples Republic of China, and Canada. As of December 31, 2018, it had total estimated net proved reserves of 2,928 million barrels of oil equivalent, including 1,532 million barrels (MMBbl) crude oil and condensate reserves; 614 MMBbl of natural gas liquid reserves; and 4,687 billion cubic feet of natural gas reserves.
