EOG ResourcesNYSE: EOG

EOG Resources is still a good investment because it has strong free cash flow, a high dividend yield, and supports its shareholders, even though its earnings growth has been slow and the oil market is tough. In the third quarter, the company reported better-than-expected earnings per share and revenue, along with a rise in cash flow and production of crude oil and natural gas liquids. While there are risks like unpredictable oil prices, possible higher interest rates, and worries about economic growth, investors who are willing to wait might see profits increase in the future.

EOG's results for the third quarter show the negative effects of lower prices for crude oil, condensates, and natural gas liquids.

The transcript of EOG Resources, Inc. (EOG) earnings call for the third quarter of 2024 is available.

EOG Resources (EOG) reported quarterly earnings of $2.89 per share, which is higher than the Zacks Consensus Estimate of $2.73 per share. This is a decrease compared to earnings of $3.44 per share from the same period last year.

HOUSTON, Nov. 7, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) has announced its results for the third quarter of 2024. You can find additional financial tables, explanations of non-GAAP measures, and a related presentation on EOG's website at http://investors.eogresources.com/investors.

Union Jack Oil PLC and Europa Oil & Gas have provided an update on the planning situation for their Wressle well site. They informed investors that North Lincolnshire Council will not oppose the legal challenge related to its decision to approve planning permission for the further development of Wressle.

Europa Oil & Gas (Holdings) Plc and Union Jack Oil PLC have addressed rumors about a possible legal challenge to the planning permission for the Wressle well site in North Lincolnshire. Europa has a 30% stake in the project, while Union Jack holds a 40% stake. Both companies are important players in this development.

It would be a good idea to concentrate on EOG and FANG stocks since crude prices are looking positive, even though BKR's weekly rig count report shows a decrease in the number of rigs.

HOUSTON, Sept. 24, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) will hold a conference call and webcast to talk about their third quarter results for 2024 on Friday, November 8, 2024, at 9 a.m.