HOUSTON (AP) — HOUSTON (AP) — EOG Resources Inc. (EOG) on Thursday reported first-quarter net income of $1.79 billion.
The Houston-based company said it had net income of $3.10 per share. Earnings, adjusted for non-recurring gains, came to $2.82 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.70 per share.
The oil and gas company posted revenue of $6.12 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $5.91 billion.
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