EOG Resources Ready for its Quarterly Earnings Release

Published on Wednesday, 04 August 2010 11:48 Written by Christian Paolinetti

New York, August 4th (TradersHuddle.com) - Shares of EOG Resources, Inc. (NYSE:EOG) are trading higher by +0.67% ahead of its quarterly earnings release. EOG Resources, the natural gas and oil producer is expected to release its quarterly results on August 5^th.

Wall Street Analysts consensus calls for a profit of $0.25 a share on $1.24 billion revenue.

EOG Resources estimates have a range of $0.29 a share. The high estimate calls for profit of $0.41 a share and the low estimate is calling for a profit of $0.12 a share, a year ago for the quarter the company reported $0.73 a share.

EOG Resources, Inc. (NYSE:EOG) develops, produces and markets natural gas and crude oil. The Company operates in major producing basins in the United States, Canada, Trinidad, the United Kingdom North Sea, and China