EOG ResourcesEOGEarnings & Financial Report
EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas.
Revenue
$6.0B
Gross Profit
N/A
Operating Profit
$2.1B
Net Profit
$1.7B
Gross Margin
N/A
Operating Margin
35.0%
Net Margin
28.0%
YoY Growth
-4.0%
EPS
$2.95
EOG Resources Q3 FY2024 Financial Summary
EOG Resources reported revenue of $6.0B (down 4.0% YoY) for Q3 FY2024, with a net profit of $1.7B (down 17.6% YoY) (28.0% margin).
Key Financial Metrics
| Total Revenue | $6.0B |
|---|---|
| Net Profit | $1.7B |
| Gross Margin | N/A |
| Operating Margin | 35.0% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
EOG Resources Q3 FY2024 revenue of $6.0B breaks down across 6 segments, led by Oil And Condensate at $3.5B (58.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Oil And Condensate | $3.5B | 58.5% |
| Natural Gas Gathering Transportation Marketing And Processing | $1.5B | 24.8% |
| Natural Gas Liquids Reserves | $524.0M | 8.8% |
| Natural Gas Production | $372.0M | 6.2% |
| Trinidad Segment | $84.0M | 1.4% |
| Other Net | $28.0M | 0.5% |
EOG Resources Revenue by Segment — Quarterly Trend
EOG Resources revenue by segment across the last 4 reported quarters, showing how each business line (such as Oil And Condensate and Natural Gas Gathering Transportation Marketing And Processing) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Oil And Condensate | $3.0B | $3.2B | $3.0B | $3.3B |
| Natural Gas Gathering Transportation Marketing And Processing | $1.1B | $1.2B | $1.2B | $1.3B |
| Natural Gas Liquids Reserves | $666.0M | — | $534.0M | — |
| Natural Gas Production | $847.0M | $707.0M | $600.0M | $637.0M |
EOG Resources Annual Revenue by Year
EOG Resources annual revenue history includes year-by-year totals (for example, 2025 revenue was $22.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $22.6B |
| 2024 | $23.7B |
| 2023 | $24.2B |
| 2022 | $25.7B |
EOG Resources Quarterly Revenue & Net Profit History
EOG Resources results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $5.6B | +0.9% | $701.0M | 12.4% |
| Q3 FY2025 | $5.8B | -2.0% | $1.5B | 25.2% |
| Q2 FY2025 | $5.5B | -9.1% | $1.3B | 24.6% |
| Q1 FY2025 | $5.7B | -7.4% | $1.5B | 25.8% |
| Q4 FY2024 | $5.6B | -12.1% | $1.3B | 22.4% |
| Q3 FY2024 | $6.0B | -4.0% | $1.7B | 28.0% |
| Q2 FY2024 | $6.0B | +8.1% | $1.7B | 28.0% |
| Q1 FY2024 | $6.1B | +1.3% | $1.8B | 29.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.12B | $6.03B | $5.96B | $5.58B | $5.67B | $5.48B | $5.85B | $5.64B |
| YoY Growth | 1.3% | 8.1% | -4.0% | -12.1% | -7.4% | -9.1% | -2.0% | 0.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $44.80B | $45.22B | $46.15B | $47.19B | $46.98B | $46.28B | $52.20B | $51.80B |
| Liabilities | $16.16B | $16.07B | $16.58B | $17.84B | $17.47B | $17.05B | $21.91B | $21.97B |
| Equity | $28.64B | $29.16B | $29.57B | $29.35B | $29.52B | $29.24B | $30.29B | $29.83B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.90B | $2.89B | $3.59B | $2.76B | $2.29B | $2.03B | $3.11B | $2.61B |