EOG Resources (EOG) Surpasses Q2 Earnings and Revenue Estimates

Group 1 - EOG Resources reported quarterly earnings of $2.32 per share, exceeding the Zacks Consensus Estimate of $2.21 per share, but down from $3.16 per share a year ago, representing an earnings surprise of +4.98% [1] - The company posted revenues of $5.48 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.30%, but down from $6.03 billion year-over-year [2] - EOG Resources has surpassed consensus EPS estimates in all four of the last quarters, while it has only topped consensus revenue estimates once in the same period [2] Group 2 - The stock has underperformed the market, losing about 4.9% since the beginning of the year compared to the S&P 500's gain of 7.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the coming quarter is $2.40 on revenues of $5.85 billion, and for the current fiscal year, it is $10.05 on revenues of $23.33 billion [7] Group 3 - The Zacks Industry Rank indicates that the Oil and Gas - Exploration and Production - United States sector is currently in the bottom 28% of over 250 Zacks industries, which may impact stock performance [8] - The estimate revisions trend for EOG Resources was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market [6]