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US shale producer EOG Resources beats second-quarter profit estimates

US shale producer EOG Resources beats second-quarter profit estimates

- U.S. shale producer EOG Resources EOG.N beat analysts' estimate for second-quarter profit on Tuesday, helped by a surge in crude prices.

The Houston-based company posted an adjusted profit of $5.07 per share for the quarter ended June 30, compared with analysts' average estimate of $4.98 per share, according to data compiled by LSEG.


(Reporting by Katha Kalia in Bengaluru; Editing by Shilpi Majumdar)

((Katha.Kalia@thomsonreuters.com;))

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