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U.S. Shale Producer EOG Resources Beats Third-Quarter Profit Estimates

Business & Policy
November 7, 2025

Meanwhile, oil and gas production in the U.S. rose to record highs in August, data from the Energy Information Administration showed.

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EOG said it produced 1.3 million barrels of oil equivalent per day, which rose from 1.08 million boepd a year earlier.

The Houston-based company posted an adjusted profit of $2.71 per share for the quarter ended September 30, compared with analysts’ average estimate of $2.43, according to data compiled by LSEG.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Sriraj Kalluvila)