The energy firm reported $5.07 EPS and $8.62 billion revenue, exceeding analyst expectations amid strong operational cash flow.
EOG Resources posted second-quarter non-GAAP earnings of $5.07 per share, surpassing estimates by $1.02. Revenue reached $8.62 billion, up 57.3% year-over-year and $1.49 billion above consensus.
The company generated $4.7 billion in net cash from operating activities and $4.4 billion in adjusted cash flow. Free cash flow for the quarter totaled $2.8 billion, reflecting robust energy market conditions.
EOG also provided guidance for the third quarter and full-year outlook, signaling continued momentum in production and financial performance.