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EOG Resources EOG

US equityMarket cap rank #224Oil & Gas E&PShale Oil
$143.03
+$1.19 (+0.84%)
Market open · Sep 24, 2:00 pm ET
After hours $141.84 0.00%
Open$143.17
Prev close$141.84
Day range$141.38 – $144.08
Volume1.30M
Market cap$75.02B
P/E (TTM)11.1
Dividend yield2.82%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$8.49B+58.6% YoY
Operating profit$3.45B+105.4% YoY
Net profit$2.72B+102.5% YoY
Diluted EPS$5.15+109.3% YoY
Free cash flow$2.89B+1,107.9% YoY
Operating cash flow$4.67B

Revenue, last 8 quarters

$5.9BSep '24$5.7BDec '24$5.8BMar '25$5.4BJun '25$5.7BSep '25$5.7BDec '25$6.8BMar '26$8.5BJun '26

Net profit, last 8 quarters

$1.7BSep '24$1.3BDec '24$1.5BMar '25$1.3BJun '25$1.5BSep '25$701.0MDec '25$2.0BMar '26$2.7BJun '26

Diluted EPS by quarter

2.95Sep '242.23Dec '242.65Mar '252.46Jun '252.70Sep '251.30Dec '253.70Mar '265.15Jun '26

Free cash flow by quarter

$2.1BSep '24$1.4BDec '24$806.0MMar '25$239.0MJun '25$1.4BSep '25$957.0MDec '25$1.3BMar '26$2.9BJun '26

Annual revenue

$9.9BFY20$19.7BFY21$29.5BFY22$23.2BFY23$23.4BFY24$22.6BFY25

Profitability & balance sheet

Gross margin65.4%
Operating margin35.4%
Net margin25.8%
Return on equity22.5%
Return on assets13.6%
Return on invested capital19.2%
Current ratio1.85
Liabilities / assets41.8%
Cash & investments$4.91B
Total debt$7.93B
Net cash (debt)-$3.02B
Free cash flow / sales24.8%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Operating Revenue $8.49B $6.76B $22.58B $5.65B $5.73B
Cost of Revenue $2.40B $2.31B $8.27B $2.33B $2.19B
Gross Profit $6.09B $4.45B $14.31B $3.33B $3.55B
Operating Expense $2.64B $1.96B $7.06B $1.66B $1.74B
Selling and Admin Expenses $2.16B $1.57B $5.62B $1.34B $1.37B
-Selling & Marketing Expense $1.95B $1.38B $4.80B $1.12B $1.13B
-General & Admin Expense $213.00M $185.00M $820.00M $224.00M $239.00M
Other Taxes $431.00M $338.00M $1.23B $283.00M $309.00M
Other Operating Expenses $49.00M $49.00M $213.00M $34.00M $54.00M
Operating Profit $3.45B $2.49B $7.25B $1.67B $1.81B
Net Non-Operating Interest Income (Expense) -$67.00M -$66.00M -$25.00M $144.00M -$71.00M
Non-Operating Interest Expense $67.00M $66.00M $235.00M $66.00M $71.00M
Other Income (Expense) $117.00M $128.00M -$863.00M -$901.00M $86.00M
Gain on Sale of Security $40.00M $113.00M $13.00M -$19.00M $116.00M
Special Income (Charges) $39.00M -$8.00M -$878.00M -$705.00M -$89.00M
-Less:Impairment of Capital Assets $19.00M $19.00M $770.00M $687.00M $15.00M
-Less:Write Off $0.00 $20.00M $73.00M $2.00M $56.00M
-Gain on Sale of Property/Plant/Equipment $58.00M $31.00M -$35.00M -$16.00M -$18.00M
Other Non-Operating Income (Expenses) $38.00M $23.00M $2.00M -$177.00M $59.00M
Pretax Profit $3.50B $2.56B $6.36B $910.00M $1.82B
Tax $775.00M $575.00M $1.38B $209.00M $353.00M
Net Profit $2.72B $1.98B $4.98B $701.00M $1.47B
Profit from Continuing Operations $2.72B $1.98B $4.98B $701.00M $1.47B
Net Income to Parent Company $2.72B $1.98B $4.98B $701.00M $1.47B
Net Income to Common Stockholders $2.72B $1.98B $4.98B $701.00M $1.47B
Basic EPS $5.18 $3.72 $9.17 $1.31 $2.72
Diluted EPS $5.15 $3.70 $9.12 $1.30 $2.70
Dividend Per Share $1.02 $1.02 $3.95 $1.02 $0.98
Non-Operating Interest Income – – $210.00M – –

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $54.78B $53.38B $51.80B $51.80B $52.20B
Total Current Assets $9.88B $8.96B $7.66B $7.66B $7.82B
Cash and Cash Equivalents & Short-Term Investments $4.91B $3.85B $3.40B $3.40B $3.53B
-Cash and Cash Equivalents $4.91B $3.85B $3.40B $3.40B $3.53B
Receivables $3.53B $3.60B $2.68B $2.68B $2.68B
-Accounts Receivable $3.53B $3.60B $2.68B $2.68B $2.68B
Inventory $930.00M $955.00M $1.01B $1.01B $945.00M
Other Current Assets $511.00M $502.00M $547.00M $547.00M $646.00M
Total Non-Current Assets $44.91B $44.42B $44.14B $44.14B $44.38B
Net PPE $43.24B $42.67B $42.34B $42.34B $42.59B
-Gross PPE $99.52B $97.73B $96.69B $96.69B $95.07B
-Accumulated Depreciation -$56.28B -$55.05B -$54.35B -$54.35B -$52.49B
Non-Current Deferred Assets $35.00M $30.00M $39.00M $39.00M $37.00M
Other Non-Current Assets $1.63B $1.71B $1.76B $1.76B $1.76B
Total Liabilities $22.92B $22.47B $21.97B $21.97B $21.91B
Total Current Liabilities $5.34B $5.22B $4.69B $4.69B $4.82B
Payables $4.60B $4.49B $3.75B $3.75B $3.89B
-Accounts Payable $3.37B $3.19B $2.90B $2.90B $2.94B
-Total Tax Payable $697.00M $766.00M $299.00M $299.00M $392.00M
-Dividends Payable $531.00M $541.00M $544.00M $544.00M $550.00M
Short-Term Debt and Capital Lease Obligation $351.00M $402.00M $499.00M $499.00M $460.00M
-Current Debt $27.00M $27.00M – – $27.00M
-Current Capital Lease Obligation $324.00M $375.00M $499.00M $499.00M $433.00M
Other Current Liabilities $382.00M $329.00M $445.00M $445.00M $469.00M
Total Non-Current Liabilities $17.58B $17.25B $17.28B $17.28B $17.10B
Long Term Debt and Capital Lease Obligation $7.90B $7.90B $7.91B $7.91B $7.67B
-Long Term Debt $7.90B $7.90B $7.82B $7.82B $7.67B
Non-Current Deferred Liabilities $7.22B $6.87B $6.85B $6.85B $6.94B
Other Non-Current Liabilities $2.47B $2.48B $2.51B $2.51B $2.50B
Total Equity $31.86B $30.91B $29.83B $29.83B $30.29B
Stockholders' Equity $31.86B $30.91B $29.83B $29.83B $30.29B
Capital Stock $206.00M $206.00M $206.00M $206.00M $206.00M
-Common Stock $206.00M $206.00M $206.00M $206.00M $206.00M
Additional Paid-In Capital $6.07B $6.03B $6.03B $6.03B $5.98B
Retained Earnings $33.39B $31.20B $29.77B $29.77B $29.60B
Less: Treasury Stock $7.80B $6.52B $6.16B $6.16B $5.50B
Gains/Losses Not Affecting Retained Earnings -$5.00M -$6.00M -$7.00M -$7.00M -$5.00M
-Long Term Capital Lease Obligation – – $90.00M $90.00M –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $4.67B $2.97B $10.04B $2.61B $3.11B
Net cash flow from continuing operations $4.67B $2.97B $10.04B $2.61B $3.11B
Net Income from Continuing Operations $2.72B $1.98B $4.98B $701.00M $1.47B
Gain/Loss from Continuing Operations -$98.00M -$144.00M $22.00M $35.00M -$98.00M
Depreciation & Depletion & Amortization $1.26B $1.19B $4.46B $1.23B $1.17B
Deferred Tax $346.00M $18.00M $343.00M -$84.00M $278.00M
Other Non-Cash Items $76.00M -$15.00M $19.00M -$15.00M $29.00M
Change in Working Capital $283.00M -$163.00M -$840.00M $0.00 $138.00M
-Change in Receivables $60.00M -$907.00M $300.00M -$3.00M $133.00M
-Change in Inventory $26.00M $21.00M -$49.00M -$84.00M $4.00M
-Change in Payables and Accrued Expense $107.00M $746.00M -$1.01B -$143.00M $33.00M
-Change in Other Current Assets $47.00M $55.00M -$17.00M $97.00M -$28.00M
-Change in Other Current Liabilities $37.00M -$123.00M $17.00M $10.00M $155.00M
-Change In Other Working Capital $6.00M $45.00M -$85.00M $123.00M -$159.00M
Net cash flow from investing -$1.78B -$1.55B -$10.94B -$1.76B -$5.96B
Net Cash Flow from Continuing Investing Activities -$1.78B -$1.55B -$10.94B -$1.76B -$5.96B
Net PPE Purchase and Sale -$1.78B -$1.64B -$6.59B -$1.66B -$1.66B
Net Other Investing Changes $1.00M $99.00M $109.00M -$120.00M $164.00M
Financing Cash Flow -$1.83B -$968.00M -$2.80B -$984.00M $1.17B
Net Cash Flow from Continuing Financing Activities -$1.83B -$968.00M -$2.80B -$984.00M $1.17B
Net Issuance Payments Of Debt -$6.00M -$7.00M $1.92B $242.00M $2.20B
Net Common Stock Issuance -$1.30B -$418.00M -$2.56B -$677.00M -$479.00M
Cash Dividends Paid -$540.00M -$544.00M -$2.16B -$550.00M -$545.00M
Proceeds from Stock Option Exercised $15.00M $1.00M $23.00M $12.00M $0.00
Ending Cash Balance $4.91B $3.85B $3.40B $3.40B $3.53B
Net Change in Cash $1.06B $453.00M -$3.70B -$134.00M -$1.69B
Beginning Cash Balance $3.85B $3.40B $7.09B $3.53B $5.22B
Free Cash Flow $2.89B $1.32B $3.45B $957.00M $1.45B
Net Business Purchase and Sale – – -$4.45B $13.00M –
Net Other Financing Charges – – -$25.00M -$11.00M -$7.00M
Effect of Exchange Rate Changes – – $0.00 $0.00 -$1.00M
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