HOUSTON , May 16, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA). The UCO3 concession area is 3,609 square kilometers, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi.
Favorable oil prices are aiding EOG. However, as an upstream company, it is highly exposed to extreme volatility in commodity prices.
HOUSTON , May 6, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) is scheduled to present at the Bernstein Strategic Decisions Conference at 12:30 p.m. Central time (1:30 p.m.
EOG Resources, Inc. (NYSE:EOG ) Q1 2025 Earnings Conference Call May 2, 2025 10:00 AM ET Company Participants Pearce Hammond - Vice President, Investor Relations Ezra Yacob - Chairman of the Board and Chief Executive Officer Jeff Leitzell - Chief Operating Officer Ann Janssen - Chief Financial Officer Keith Trasko - Senior Vice President, Exploration and Production Conference Call Participants Arun Jayaram - J.P. Morgan Doug Leggate - Wolfe Research Paul Cheng - Scotiabank Scott Hanold - RBC Capital Markets Leo Mariani - Roth Derrick Whitfield - Texas Capital Scott Gruber - Citigroup Neil Mehta - Goldman Sachs Charles Meade - Johnson Rice Operator Good day, everyone, and welcome to EOG Resources First Quarter 2025 Earnings Results Conference Call.
EOG Resources' Q1 earnings beat estimates on higher production. However, the top-line miss reflects the negative impact of decreased realizations for crude oil and condensates price.
While the top- and bottom-line numbers for EOG Resources (EOG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
EOG Resources (EOG) came out with quarterly earnings of $2.87 per share, beating the Zacks Consensus Estimate of $2.74 per share. This compares to earnings of $2.82 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for EOG Resources (EOG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Evaluate the expected performance of EOG Resources (EOG) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
EOG's first-quarter results are expected to benefit from higher natural gas prices, cost reductions and high-quality drilling acreage.
EOG Resources (EOG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.