EOG RESOURCES INC
Business
EOG Resources Inc. is a Delaware corporation that explores for, develops, produces and markets crude oil, natural gas liquids and natural gas primarily in the United States, with additional operations in Trinidad and Tobago, Bahrain and the United Arab Emirates. The company's principal products are crude oil and condensate, natural gas liquids and natural gas from major producing basins including the Delaware Basin, Eagle Ford, Utica, and others. EOG operates through integrated exploration and production activities across onshore and offshore properties, employing advanced drilling, completion and seismic technologies to develop low-cost reserves and maximize long-term shareholder value.
Summary from 10-K filed 2026-02-24
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Gains (Losses) on Asset Dispositions, Net | −35 | 16 | 95 | 74 | 17 | |
| Total | 22,632 | 23,698 | 24,186 | 25,702 | 18,642 | |
| Lease and Well | 1,675 | 1,572 | 1,454 | 1,331 | 1,135 | |
| Gathering, Processing and Transportation Costs | 2,134 | 1,722 | 1,620 | 1,587 | — | |
| Exploration Costs | 236 | 174 | 181 | 159 | 154 | |
| Dry Hole Costs | 49 | 14 | 1 | 45 | 71 | |
| Impairments | 843 | 391 | 202 | 382 | 376 | |
| Marketing Costs | 4,795 | 5,717 | 5,709 | 6,535 | 4,173 | |
| Depreciation, Depletion and Amortization | 4,461 | 4,108 | 3,492 | 3,542 | 3,651 | |
| General and Administrative | 820 | 669 | 640 | 570 | 511 | |
| Taxes Other Than Income | 1,234 | 1,249 | 1,284 | 1,585 | 1,047 | |
| Total | 16,247 | 15,616 | 14,583 | 15,736 | 12,540 | |
| Operating Income | 6,385 | 8,082 | 9,603 | 9,966 | 6,102 | |
| Other Income, Net | 212 | 274 | 234 | 114 | 9 | |
| Income Before Interest Expense and Income Taxes | 6,597 | 8,356 | 9,837 | 10,080 | 6,111 | |
| Incurred | 321 | 183 | 181 | 215 | 211 | |
| Capitalized | −86 | −45 | −33 | −36 | −33 | |
| Interest Expense, Net | 235 | 138 | 148 | 179 | — | |
| Income Before Income Taxes | 6,362 | 8,218 | 9,689 | 9,901 | 5,933 | |
| Income Tax Provision | 1,382 | 1,815 | 2,095 | 2,142 | 1,269 | |
| Net Income | 4,980 | 6,403 | 7,594 | 7,759 | 4,664 | |
| Basic ( in usd per share) | 9.17 | 11.31 | 13.07 | 13.31 | 8.03 | |
| Diluted (in usd per share) | 9.12 | 11.25 | 13 | 13.22 | 7.99 | |
| Basic (in shares) | 543 | 566 | 581 | 583 | 581 | |
| Diluted (in shares) | 546 | 569 | 584 | 587 | 584 | |
| Foreign Currency Translation Adjustments | −2 | 4 | −1 | 4 | −1 | |
| Deferred Postretirement Plan | −1 | 1 | 0 | 0 | — | |
| Other comprehensive income (loss) | −3 | 5 | −1 | 4 | 0 | |
| Comprehensive Income | 4,977 | 6,408 | 7,593 | 7,763 | 4,664 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | 3,396 | 7,092 | 5,278 | 5,972 | 5,209 | |
| Accounts Receivable, Net | 2,681 | 2,650 | 2,716 | 2,774 | 2,335 | |
| Inventories | 1,014 | 985 | 1,275 | 1,058 | 584 | |
| Assets from Price Risk Management Activities | 18 | 0 | — | — | — | |
| Other | 547 | 503 | 560 | 574 | 456 | |
| Total | 7,656 | 11,230 | 9,935 | 10,475 | 8,584 | |
| Oil and Gas Properties (Successful Efforts Method) | 89,857 | 77,091 | 72,090 | 67,322 | 67,644 | |
| Other Property, Plant and Equipment | 6,832 | 6,418 | 5,497 | 4,786 | 4,753 | |
| Total Property, Plant and Equipment | 96,689 | 83,509 | 77,587 | 72,108 | 72,397 | |
| Less: Accumulated Depreciation, Depletion and Amortization | −54,348 | −49,297 | −45,290 | −42,679 | −43,971 | |
| Total Property, Plant and Equipment, Net | 42,341 | 34,212 | 32,297 | 29,429 | 28,426 | |
| Deferred Income Taxes | 39 | 39 | 42 | 33 | 11 | |
| Other Assets | 1,763 | 1,705 | 1,583 | 1,434 | 1,215 | |
| Total Assets | 51,799 | 47,186 | 43,857 | 41,371 | 38,236 | |
| Accounts Payable | 2,904 | 2,464 | 2,437 | 2,532 | 2,242 | |
| Accrued Taxes Payable | 299 | 1,007 | 466 | 405 | 518 | |
| Dividends Payable | 544 | 539 | 526 | 482 | 436 | |
| Liabilities from Price Risk Management Activities | 0 | 116 | 0 | 169 | 269 | |
| Current Portion of Long-Term Debt | 27 | 532 | 34 | 1,283 | 37 | |
| Current Portion of Operating Lease Liabilities | 472 | 315 | 325 | 296 | 240 | |
| Other | 445 | 381 | 286 | 346 | 300 | |
| Total | 4,691 | 5,354 | 4,074 | 5,513 | 4,042 | |
| Long-Term Debt | 7,909 | 4,220 | 3,765 | 3,795 | 5,072 | |
| Other Liabilities | 2,512 | 2,395 | 2,526 | 2,574 | 2,193 | |
| Deferred Income Taxes | 6,854 | 5,866 | 5,402 | 4,710 | 4,749 | |
| Commitments and Contingencies (Note 8) | — | — | — | — | — | |
| Common Stock, $0.01 Par, 1,280,000,000 Shares Authorized and 589,044,385 Shares and 588,939,584 Shares Issued at December 31, 2025 and 2024, respectively | 206 | 206 | 206 | 206 | 206 | |
| Additional Paid in Capital | 6,027 | 6,090 | 6,166 | 6,187 | 6,087 | |
| Accumulated Other Comprehensive Loss | −7 | −4 | −9 | −8 | −12 | |
| Retained Earnings | 29,765 | 26,941 | 22,634 | 18,472 | 15,919 | |
| Common Stock Held in Treasury, 51,374,169 Shares and 31,731,107 Shares at December 31, 2025 and 2024, respectively | −6,158 | −3,882 | −907 | −78 | −20 | |
| Total Stockholders' Equity | 29,833 | 29,351 | 28,090 | 24,779 | 22,180 | |
| Total Liabilities and Stockholders' Equity | 51,799 | 47,186 | 43,857 | 41,371 | 38,236 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Stock-Based Compensation Expenses | 216 | 199 | 177 | 133 | 152 | |
| Deferred Income Taxes | 343 | 467 | 683 | −61 | −122 | |
| Other, Net | 27 | 17 | 27 | 0 | 13 | |
| Gains, Net | −13 | −204 | −818 | 3,982 | 1,152 | |
| Net Cash Received from (Payments for) Settlements of Financial Commodity Derivative Contracts | −56 | 214 | −112 | −3,501 | −638 | |
| Other, Net | −1 | 0 | −2 | 45 | 7 | |
| Accounts Receivable | 300 | 101 | −38 | −347 | −821 | |
| Inventories | −49 | 259 | −231 | −534 | −13 | |
| Accounts Payable | −271 | −36 | −119 | 90 | 456 | |
| Accrued Taxes Payable | −735 | 541 | 61 | −113 | 312 | |
| Other Assets | −17 | 44 | 39 | −364 | −136 | |
| Other Liabilities | 17 | 23 | 184 | −266 | −116 | |
| Changes in Components of Working Capital Associated with Investing Activities | −85 | −382 | 295 | 375 | −200 | |
| Net Cash Provided by Operating Activities | 10,044 | 12,143 | 11,340 | 11,093 | 8,791 | |
| Acquisition of Encino Acquisition Partners, LLC, Net of Cash Acquired | −4,451 | 0 | 0 | — | — | |
| Additions to Oil and Gas Properties | −6,115 | −5,353 | −5,385 | −4,619 | −3,638 | |
| Additions to Other Property, Plant and Equipment | −479 | −1,019 | −800 | −381 | −212 | |
| Proceeds from Sales of Assets | 24 | 23 | 140 | 349 | 231 | |
| Changes in Components of Working Capital Associated with Investing Activities | 85 | 382 | −295 | −375 | 200 | |
| Net Cash Used in Investing Activities | −10,936 | −5,967 | −6,340 | −5,056 | −3,419 | |
| Long-Term Debt Borrowings | 4,471 | 985 | 0 | 0 | — | |
| Long-Term Debt Repayments | −2,516 | 0 | −1,250 | 0 | −750 | |
| Dividends Paid | −2,161 | −2,087 | −3,386 | −5,148 | −2,684 | |
| Treasury Stock Purchased | −2,564 | −3,246 | −1,038 | −118 | −41 | |
| Proceeds from Stock Options Exercised and Employee Stock Purchase Plan | 23 | 22 | 20 | 28 | 19 | |
| Debt Issuance and Other Financing Costs | −25 | −2 | −8 | 0 | 0 | |
| Repayment of Finance Lease Liabilities | −32 | −33 | −32 | −35 | −37 | |
| Net Cash Used in Financing Activities | −2,804 | −4,361 | −5,694 | −5,273 | −3,493 | |
| Effect of Exchange Rate Changes on Cash | 0 | −1 | 0 | −1 | 1 | |
| Increase (Decrease) in Cash and Cash Equivalents | −3,696 | 1,814 | −694 | 763 | 1,880 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is EOG RESOURCES INC's CIK number?
EOG RESOURCES INC's SEC CIK number is 0000821189 (821189). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find EOG RESOURCES INC's SEC filings?
All of EOG RESOURCES INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did EOG RESOURCES INC last report earnings?
EOG RESOURCES INC (EOG) most recently filed an earnings 8-K with the SEC on Jul 9, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000821189-26-000140). This is EOG RESOURCES INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is EOG RESOURCES INC's most recent earnings 8-K?
EOG RESOURCES INC's latest earnings 8-K (Item 2.02) was filed Jul 9, 2026 under accession 0000821189-26-000140. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View EOG RESOURCES INC's latest earnings 8-K →
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