In the following video, Motley Fool energy analyst Joel South talks us through EOG Resources' (NYS: EOG) third-quarter earnings release, and why the company's production helped it significantly surpass all the projections for the quarter. The company's huge production abilities compared with its competitors, and its railroads that give it dominating transport capabilities, have let it stay ahead and continually growing even as natural gas prices fall to an all-time low. All this is great news for shareholders, as the prices per share continue to rise.
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The article EOG Resources Crushes Q3 Projections originally appeared on Fool.com.
Joel South and Taylor Muckerman have no positions in the stocks mentioned above. The Motley Fool has options on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.