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US shale producer EOG Resources beats third-quarter profit estimates

US shale producer EOG Resources beats third-quarter profit estimates

- U.S. shale producer EOG Resources beat Wall Street estimates for third-quarter profit on Thursday, boosted by strong crude oil price realizations and record production volumes.

The Houston-based company posted an adjusted profit of $4.87 per share for the quarter ended September 30, compared with analysts' average estimate of $4.46 per share, according to data compiled by LSEG.


(Reporting by Khusbu Jena in Bengaluru; Editing by Shailesh Kuber)

((Khusbu.Jena@thomsonreuters.com;))

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