EOG earnings show markets’ continued ESG bullishness as EPS and revenues surge
Sustainable energy company EOG Resources has reported its Q1 2024 quarterly earnings, with better-than-expected results all round. One chief reason for this, according to the company, was that EOG experiences “volumes and total per-unit cash operating costs better than guidance midpoints.” It also reflected the continued bullishness of investors and market sentiment at large for more sustainable energy solutions. EOG, with its natural gas, hydrocarbon and crude oil streams, seems to be benefitting from the zeitgeist nicely. Net income and free cash flow riseThe company reported an adjusted net...