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UPDATE: EOG Resources Posts Upbeat Q4 Profit

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EOG Resources (NYSE: EOG) reported a loss in the fourth quarter.

EOG Resources posted a quarterly loss of $505 million, or $1.88 per share, versus a year-ago profit of $120.7 million, or $0.45 per share. Excluding one-time items, EOG earned $1.61 per share, versus analysts' estimates of $1.35 per share.

EOG Resources shares gained 1.05% to $135.00 in after-hours trading.

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