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Side-by-side financial comparison of EOG Resources (EOG) and Venture Global, Inc. (VG). Click either name above to swap in a different company.

EOG Resources is the larger business by last-quarter revenue ($5.6B vs $4.4B, roughly 1.3× Venture Global, Inc.). Venture Global, Inc. runs the higher net margin — 26.8% vs 12.4%, a 14.4% gap on every dollar of revenue. On growth, Venture Global, Inc. posted the faster year-over-year revenue change (191.7% vs 0.9%). Over the past eight quarters, Venture Global, Inc.'s revenue compounded faster (77.3% CAGR vs -4.0%).

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.

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

EOG vs VG — Head-to-Head

Bigger by revenue
EOG
EOG
1.3× larger
EOG
$5.6B
$4.4B
VG
Growing faster (revenue YoY)
VG
VG
+190.7% gap
VG
191.7%
0.9%
EOG
Higher net margin
VG
VG
14.4% more per $
VG
26.8%
12.4%
EOG
Faster 2-yr revenue CAGR
VG
VG
Annualised
VG
77.3%
-4.0%
EOG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EOG
EOG
VG
VG
Revenue
$5.6B
$4.4B
Net Profit
$701.0M
$1.2B
Gross Margin
Operating Margin
16.7%
38.7%
Net Margin
12.4%
26.8%
Revenue YoY
0.9%
191.7%
Net Profit YoY
-44.0%
20.3%
EPS (diluted)
$1.31
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EOG
EOG
VG
VG
Q4 25
$5.6B
$4.4B
Q3 25
$5.8B
$3.3B
Q2 25
$5.5B
$3.1B
Q1 25
$5.7B
$2.9B
Q4 24
$5.6B
$1.5B
Q3 24
$6.0B
$926.0M
Q2 24
$6.0B
$1.1B
Q1 24
$6.1B
$1.4B
Net Profit
EOG
EOG
VG
VG
Q4 25
$701.0M
$1.2B
Q3 25
$1.5B
$550.0M
Q2 25
$1.3B
$475.0M
Q1 25
$1.5B
$517.0M
Q4 24
$1.3B
$990.0M
Q3 24
$1.7B
$-294.0M
Q2 24
$1.7B
$352.0M
Q1 24
$1.8B
$698.0M
Operating Margin
EOG
EOG
VG
VG
Q4 25
16.7%
38.7%
Q3 25
31.4%
39.7%
Q2 25
31.9%
33.5%
Q1 25
32.8%
37.3%
Q4 24
28.5%
39.0%
Q3 24
35.0%
20.4%
Q2 24
35.4%
32.8%
Q1 24
37.1%
43.6%
Net Margin
EOG
EOG
VG
VG
Q4 25
12.4%
26.8%
Q3 25
25.2%
16.5%
Q2 25
24.6%
15.3%
Q1 25
25.8%
17.9%
Q4 24
22.4%
65.0%
Q3 24
28.0%
-31.7%
Q2 24
28.0%
31.8%
Q1 24
29.2%
49.4%
EPS (diluted)
EOG
EOG
VG
VG
Q4 25
$1.31
$0.41
Q3 25
$2.70
$0.16
Q2 25
$2.46
$0.14
Q1 25
$2.65
$0.15
Q4 24
$2.25
$0.35
Q3 24
$2.95
$-0.15
Q2 24
$2.95
$0.12
Q1 24
$3.10
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EOG
EOG
VG
VG
Cash + ST InvestmentsLiquidity on hand
$3.4B
$2.4B
Total DebtLower is stronger
$34.2B
Stockholders' EquityBook value
$29.8B
$6.7B
Total Assets
$51.8B
$53.4B
Debt / EquityLower = less leverage
5.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOG
EOG
VG
VG
Q4 25
$3.4B
$2.4B
Q3 25
$3.5B
$1.9B
Q2 25
$5.2B
$2.2B
Q1 25
$6.6B
$3.6B
Q4 24
$7.1B
$3.6B
Q3 24
$6.1B
Q2 24
$5.4B
Q1 24
$5.3B
Total Debt
EOG
EOG
VG
VG
Q4 25
$34.2B
Q3 25
$32.6B
Q2 25
$30.0B
Q1 25
$29.3B
Q4 24
$29.3B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EOG
EOG
VG
VG
Q4 25
$29.8B
$6.7B
Q3 25
$30.3B
$5.7B
Q2 25
$29.2B
$5.3B
Q1 25
$29.5B
$4.9B
Q4 24
$29.4B
$2.9B
Q3 24
$29.6B
Q2 24
$29.2B
Q1 24
$28.6B
Total Assets
EOG
EOG
VG
VG
Q4 25
$51.8B
$53.4B
Q3 25
$52.2B
$50.1B
Q2 25
$46.3B
$46.5B
Q1 25
$47.0B
$45.1B
Q4 24
$47.2B
$43.5B
Q3 24
$46.2B
Q2 24
$45.2B
Q1 24
$44.8B
Debt / Equity
EOG
EOG
VG
VG
Q4 25
5.07×
Q3 25
5.73×
Q2 25
5.69×
Q1 25
6.01×
Q4 24
10.11×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EOG
EOG
VG
VG
Operating Cash FlowLast quarter
$2.6B
$2.1B
Free Cash FlowOCF − Capex
$-1.5B
FCF MarginFCF / Revenue
-34.1%
Capex IntensityCapex / Revenue
81.6%
Cash ConversionOCF / Net Profit
3.73×
1.77×
TTM Free Cash FlowTrailing 4 quarters
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOG
EOG
VG
VG
Q4 25
$2.6B
$2.1B
Q3 25
$3.1B
$1.9B
Q2 25
$2.0B
$1.5B
Q1 25
$2.3B
$1.1B
Q4 24
$2.8B
Q3 24
$3.6B
Q2 24
$2.9B
Q1 24
$2.9B
$638.0M
Free Cash Flow
EOG
EOG
VG
VG
Q4 25
$-1.5B
Q3 25
$-1.4B
Q2 25
$-1.5B
Q1 25
$-2.4B
Q4 24
Q3 24
Q2 24
Q1 24
$-2.4B
FCF Margin
EOG
EOG
VG
VG
Q4 25
-34.1%
Q3 25
-42.4%
Q2 25
-49.1%
Q1 25
-81.3%
Q4 24
Q3 24
Q2 24
Q1 24
-167.3%
Capex Intensity
EOG
EOG
VG
VG
Q4 25
81.6%
Q3 25
98.9%
Q2 25
96.1%
Q1 25
119.8%
Q4 24
Q3 24
Q2 24
Q1 24
212.4%
Cash Conversion
EOG
EOG
VG
VG
Q4 25
3.73×
1.77×
Q3 25
2.11×
3.42×
Q2 25
1.51×
3.07×
Q1 25
1.56×
2.15×
Q4 24
2.21×
Q3 24
2.14×
Q2 24
1.71×
Q1 24
1.62×
0.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EOG
EOG

Oil And Condensate$3.0B53%
Natural Gas Gathering Transportation Marketing And Processing$1.1B20%
Natural Gas Production$847.0M15%
Natural Gas Liquids Reserves$666.0M12%
Other Net$20.0M0%

VG
VG

Plaquemines Project Segment$3.4B76%
Calcasieu Project Segment$841.0M19%
Other$208.0M5%

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