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EOG Resources beat Q2 earnings estimates despite a drop in revenue; shares valued at $118.20.
Energy exploration firm EOG Resources reported Q2 earnings of $2.32 per share, exceeding analyst estimates.
Douglas Lane & Associates LLC reduced their stake by selling 24,996 shares, and COO Jeffrey R. Leitzell also sold shares, decreasing his ownership.
Despite a 9.1% drop in year-over-year revenue, analysts predict EOG will post 11.47 EPS for the year.
EOG's shares are valued around $118.20, with a market cap of $64.54 billion.
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EOG Resources superó las estimaciones de ganancias del segundo trimestre a pesar de una caída en los ingresos; acciones valoradas en $118.20.