EOG RESOURCES INC

Listed Company

EOGCIK 0000821189NYSELarge AcceleratedCrude Petroleum & Natural GasDelawareFY ends Dec 31

Period

FY 2025

Revenue

$22.63B

Net Income

$4.98B

Total Assets

$51.80B

Equity

$29.83B

Shares Out

536.49M

Op. Cash Flow

$10.04B

Business

EOG Resources, Inc. explores for, develops, produces and markets crude oil, natural gas liquids (NGLs) and natural gas primarily in major producing basins in the United States, offshore Trinidad and select international areas. Its main products and services include crude oil and condensate, NGLs, natural gas, and related gathering, processing, transportation and marketing activities. EOG operates through exploration and production activities across U.S. plays (including Delaware, South Texas, Rocky Mountain and Utica), offshore Trinidad operations and marketing and infrastructure functions. The company distributes production via pipelines, local markets, export sales and contractual deliveries to regional hubs and liquefaction facilities.

Summary from filing dated 2025-02-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	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

As of · In millions, except per-share amounts

Concept	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

Year Ended · In millions, except per-share amounts

Concept	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

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro