EOG Resources Q1 Non-GAAP Earnings Rise, Revenue Declines

MT Newswires Live
05-02

EOG Resources (EOG) reported Q1 non-GAAP earnings late Thursday of $2.87 per diluted share, up from $2.82 a year earlier.

Analysts polled by FactSet expected $2.80.

Revenue for the quarter ended March 31 was $5.67 billion, down from $6.12 billion a year earlier.

Analysts polled by FactSet expected $5.90 billion.

The oil and natural gas producer also kept its quarterly dividend steady at $0.975 per share, payable on July 31 to shareholders of record on July 17.

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