04:31 PM EST, 11/07/2024 (MT Newswires) -- EOG Resources ( EOG ) reported Q3 adjusted net income late Thursday of $2.89 per share, down from $3.44 a year earlier.

Analysts polled by Capital IQ expected $2.77 normalized.

Revenue for the quarter that ended Sept. 30 was $5.97 billion, down from $6.21 billion a year earlier. Analysts surveyed by Capital IQ expected $5.95 billion.

The company raised the quarterly cash dividend to $0.975 from $0.91 per share, payable on Jan. 31 to shareholders of record on Jan. 17.