EOG Resources, Inc. (EOG) is a leading Texas-based energy company engaged in the exploration, development, production, and marketing of crude oil, natural gas, and natural gas liquids. With a market cap of $74.1 billion, EOG operates primarily in key resource-rich regions across the United States, with additional international operations. The energy giant is set to announce its fiscal 2024 fourth-quarter earnings after the market closes on Thursday, Feb. 27.
Ahead of the event, analysts expect EOG to report a profit of $2.56 per share on a diluted basis, down 16.6% from $3.07 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
