HOUSTON (AP) _ EOG Resources Inc. (EOG) on Thursday reported first-quarter profit of $9.8 million.

On a per-share basis, the Houston-based company said it had profit of 2 cents. Earnings, adjusted for non-recurring costs, came to 55 cents per share.

The results did not meet Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The oil and gas company posted revenue of $4.72 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $4.03 billion.

EOG Resources shares have decreased 42% since the beginning of the year, while the Standard & Poor's 500 index has declined 11%. In the final minutes of trading on Thursday, shares hit $48.31, a fall of 47% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EOG at https://www.zacks.com/ap/EOG

Automated Insights, source Associated Press News