EOG Resources, Inc. (EOG) reported fourth-quarter 2024 adjusted earnings per share of $2.74, which beat the Zacks Consensus Estimate of $2.55. However, earnings decreased from the year-ago quarter’s $3.07.Total quarterly revenues of $5.59 billion missed the Zacks Consensus Estimate of $5.89 billion. The top line declined from $6.36 billion in the prior-year quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Better-than-expected quarterly earnings were driven by higher oil-equival ...

As oil and natural gas prices remain robust, energy companies across the value chain are set to reap the rewards. Upstream players stand to gain from strong crude pricing, driving increased exploration and production, while midstream firms benefit from rising demand for transportation and storage assets. With disciplined strategies, operational excellence and expansion initiatives, EOG Resources (EOG) and Enterprise Products Partners (EPD) are poised for a significant upside in this thriving energy landscap ...

EOG Resources (EOG) came out with quarterly earnings of $2.74 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $3.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.45%. A quarter ago, it was expected that this oil and gas company would post earnings of $2.73 per share when it actually produced earnings of $2.89, delivering a surprise of 5.86%.Over the last four quarters, the c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-9743 EOG RESOURCES, INC. (Exact name of registrant as specified in its charter) Delaware 47-0684736 (State or other jurisdiction of incorporation or organization) Ident ...

EXHIBIT 99.1 esources February 27, 2025 EOG Resources Reports Fourth Quarter and Full-Year 2024 Results; Announces 2025 Capital Plan HOUSTON - (PR Newswire) - EOG Resources, Inc. (EOG) today reported fourth quarter and full-year 2024 results. The attached supplemental financial tables and schedules for the reconciliation of non-GAAP measures to GAAP measures and related definitions, along with a related presentation, are also available on EOG's website at http://investors.eogresources.com/investors. Key Fin ...

HOUSTON, Feb. 27, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported fourth quarter and full-year 2024 results. The attached supplemental financial tables and schedules for the reconciliation of non-GAAP measures to GAAP measures and related definitions, along with a related presentation, are also available on EOG's website at http://investors.eogresources.com/investors. Key Financial Results In millions of USD, except per-share, per-Boe and ratio data GAAP 4Q 2024 3Q 2024 2Q 2 ...

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Core Viewpoint - EOG Resources, Inc. is expected to report its fourth-quarter 2024 results on February 27, with adjusted earnings anticipated to show a year-over-year improvement despite challenges in natural gas pricing [1][2][5]. Earnings Performance - In the last reported quarter, EOG's adjusted earnings were $2.89 per share, surpassing the Zacks Consensus Estimate of $2.73, primarily due to increased production volumes [1]. - The Zacks Consensus Estimate for fourth-quarter earnings per share is $2.55, reflecting a 19.68% improvement from the prior year's reported figure [2]. - EOG has surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 3.53% [2]. Revenue Expectations - The Zacks Consensus Estimate for revenues in the fourth quarter is $5.88 billion, indicating a 7.5% decrease from the previous year's figure [3]. Operational Factors - EOG Resources is expected to maintain stable performance in the fourth quarter, supported by productive acreages in key oil shale plays such as the Permian and Eagle Ford, along with numerous untapped high-quality drilling sites [4]. - However, the company may face challenges due to a decline in natural gas prices, which fell by approximately 10.6% in the fourth quarter compared to the previous year, influenced by increased production and milder weather [5][6]. Earnings Outlook - Current analysis suggests that EOG Resources may not achieve an earnings beat this quarter, with an Earnings ESP of -1.88% and a Zacks Rank of 2 (Buy) [7].

Core Viewpoint - Analysts forecast a decline in EOG Resources' quarterly earnings and revenues compared to the previous year, with earnings per share expected at $2.55, a 16.9% decrease, and revenues projected at $5.88 billion, down 7.5% year-over-year [1]. Earnings Estimates - The consensus EPS estimate has been revised 4.6% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and short-term stock performance [3]. Revenue Projections - Estimated revenues from natural gas are projected at $479.59 million, reflecting a year-over-year increase of 0.8% [5]. - Revenues from crude oil and condensate are expected to be $3.34 billion, showing a decline of 7.2% compared to the previous year [5]. - Revenues from natural gas liquids are forecasted to reach $519.77 million, indicating a 7.4% increase year-over-year [5]. - Revenues from gathering, processing, and marketing are anticipated to be $1.50 billion, representing a 2% increase from the prior year [6]. Volume Estimates - Total crude oil equivalent volumes per day are estimated at 1,098.49 million barrels, up from 1,026.2 million barrels a year ago [6]. - Total natural gas volumes per day are projected to reach 2,075.34 million cubic feet, compared to 1,831 million cubic feet in the previous year [7]. - Crude oil and condensate volumes per day are expected to be 493.75 million barrels, an increase from 485.2 million barrels year-over-year [7]. - Natural gas liquids volumes per day are projected at 259.74 million barrels, up from 235.8 million barrels in the same quarter last year [8]. - Total production is expected to reach 101.01 MBOE, compared to 94.4 MBOE in the same quarter last year [8]. Price Estimates - Average natural gas prices per mcf in Trinidad are expected to be $3.74, down from $3.81 a year ago [9]. - Average crude oil and condensate prices per bbl in the United States are projected at $72.28, compared to $80.61 in the previous year [9]. - The consensus estimate for average crude oil and condensate prices per bbl in Trinidad stands at $59.84, down from $69.21 year-over-year [10]. Stock Performance - EOG Resources shares have increased by 1% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [11]. - The company holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the overall market in the near term [11].

Group 1: Altria Group - Altria Group offers a competitive dividend yield of 7.65% with a share price of $53 [2] - The company has increased its dividend payment for 56 consecutive years, with a three-year growth rate of 4.35% [3] - Analysts give Altria a Hold rating, with earnings expected to increase by 4.14% over the next year, indicating potential for further dividend increases [4] Group 2: Verizon Communications - Verizon Communications has a dividend yield of 6.44% and has grown its dividend for 20 consecutive years, averaging an annual increase of 0.64% [7] - The stock maintains a Moderate Buy rating with a predicted 9.34% potential upside in the next year, supported by institutional investment interest [8] - Ongoing investments in 5G and broadband services may provide further growth opportunities for Verizon [9] Group 3: EOG Resources - EOG Resources has a dividend yield of 2.90% and a three-year dividend growth history of 23.07% [11] - The company maintains a conservative payout rate of 31.40%, allowing for financial flexibility during economic stress [12] - EOG's solid financials and efficient operations position it well for future growth amid strong global energy demand [13] Group 4: Simon Property Group - Simon Property Group offers a dividend yield of 4.51% and has a three-year dividend growth rate of 11.46% [15] - The company currently pays out 115.70% of its earnings as dividends, which analysts consider unsustainable, contributing to a Hold consensus rating [16] - Simon's strong real estate portfolio and adaptability to retail trends may stabilize its long-term outlook despite potential volatility [17] Group 5: Morgan Stanley - Morgan Stanley offers a dividend yield of 2.78% with a three-year annualized dividend growth of 19.13% [18] - The stock maintains a Hold rating consensus, with a predicted downside of 1.74% and increased short interest indicating potential near-term weakness [19][20] - The company's diversified business model and focus on asset management may provide stability in uncertain market conditions [20]