Tuesday, February 12, 2013

For Investors Only: EOG Reports Earnings After Wednesday's Market Closes; PSX Increases Dividend 25%

Forbes says EOG reports earnings Wednesday.
Analysts expect higher profit for EOG Resources (EOG) when the company reports its fourth quarter results on Wednesday, February 13, 2013. The consensus estimate is calling for profit of $1.37 a share, reflecting a rise from $1.15 per share a year ago. The consensus estimate is up from three months ago when it was $1.36, but hasn’t changed over the past month. 
For the fiscal year, analysts are projecting earnings of $5.41 per share. Revenue is projected to eclipse the year-earlier total of $2.77 billion by 9.6%, finishing at $3.04 billion for the quarter. For the year, revenue is projected to roll in at $11.62 billion. 
So, we'll see.

Yahoo!Finance says EOG reports earnings Thursday.

So, split the difference: after Wednesday's close. 

I track earnings here.

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Phillips 66 has announced a raise in its quarterly dividend. The company is to pay $0.3125 per share of its common stock on March 1 to shareholders of record as of the end of Feb. 18. That payout represents an increase of 25% over the previous dividend of $0.25 paid in October.
The company's only previous dividend prior to that was $0.20, disbursed last July following the establishment of the company earlier that year (it was spun off from oil and gas major ConocoPhillips.

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