Earnings Forecast Research on EOG Resources, Inc. (EOG)

EOG Resources, Inc. has received $-0.16 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 14 Financial Advisor in the Stock Trading Firms. Among 14 Analysts, Bottom line EPS Estimate for the current quarter is $-0.25 while the top line estimate is $-0.06 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 39.42%.

EOG Resources, Inc. results fell short with a surprise EPS of -29.03% or $-0.09. The Actual EPS was $-0.4 compared to the Estimated EPS of $-0.31 during its most recent quarterly earnings. Houston based EOG Resources, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 27, 2017.

In the last quarter, EOG Resources, Inc. reported Annual Earnings of $-0.4. Based on the filings, last years Annual Earnings was, $0.06. In the last Quarter, EOG reported a surprise Earnings per Share of -29.03% . The consensus estimate for current quarter is $-0.16 and for the current fiscal year, the estimate is $-1.77. For the Next fiscal year, the estimate is $0.49 based on the consensus.

EOG Resources, Inc. (NYSE:EOG) : On Tuesday heightened volatility was witnessed in EOG Resources, Inc. (NYSE:EOG) which led to swings in the share price. The stock opened for trading at $101.35 and hit $101.62 on the upside , eventually ending the session at $101.58, with a gain of 0.38% or 0.38 points. The heightened volatility saw the trading volume jump to 2,447,528 shares. The 52-week high of the share price is $109.37 and the company has a market cap of $58,557 million. The 52-week low of the share price is at $62.53 .

EOG Resources, Inc. is engaged, either directly or through a marketing subsidiary with regard to domestic operations or through various subsidiaries with regard to international operations, in the exploration for, and the development, production and marketing of, natural gas and crude oil primarily in major producing basins in the United States, as well as in Canada and Trinidad. The companys business strategy is to maximize the rate of return on investment of capital by controlling all operating and capital costs.

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