How EOG Resources' Earnings Report Stacks up
EOG Resources (NYSE: EOG) has been on a tear to start 2022. Its nearly 30% year-to-date gain stands in stark contrast to the S&P 500's 10% loss over the same period.
But no matter how hot a particular stock or sector may be, earnings results matter. If a company misses expectations, provides poor guidance, or fails to offer a compelling strategy, it can lose investors' trust, and its share price can tumble. Long-term investors need to keep tabs on how their stocks perform -- and not just in terms of the share price. Rather, they should use quarterly results to gauge a company's financial strength and the management team's credibility.
With that in mind, let's look at how EOG performed.
Source Fool.com