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Side-by-side financial comparison of EOG Resources (EOG) and W&T OFFSHORE INC (WTI). Click either name above to swap in a different company.

EOG Resources is the larger business by last-quarter revenue ($5.6B vs $121.7M, roughly 46.3× W&T OFFSHORE INC). EOG Resources runs the higher net margin — 12.4% vs -22.3%, a 34.7% gap on every dollar of revenue. On growth, W&T OFFSHORE INC posted the faster year-over-year revenue change (1.1% vs 0.9%). Over the past eight quarters, EOG Resources's revenue compounded faster (-4.0% CAGR vs -7.0%).

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.

Edison Chouest Offshore (ECO), which started as Edison Chouest Boat Rentals in 1960, is a family of companies in the marine transportation business based in Cut Off, Louisiana. ECO owns and operates a fleet of platform supply vessels, Subsea Construction / IMR vessels, a Riserless Light Well Intervention vessel, Anchor handling tug supply vessels, Oil Spill Response Vessels, and Well Stimulation Vessels, as well as an independently owned fleet of Research Vessels and Ice Breakers.

EOG vs WTI — Head-to-Head

Bigger by revenue
EOG
EOG
46.3× larger
EOG
$5.6B
$121.7M
WTI
Growing faster (revenue YoY)
WTI
WTI
+0.2% gap
WTI
1.1%
0.9%
EOG
Higher net margin
EOG
EOG
34.7% more per $
EOG
12.4%
-22.3%
WTI
Faster 2-yr revenue CAGR
EOG
EOG
Annualised
EOG
-4.0%
-7.0%
WTI

Income Statement — Q4 2025 vs Q4 2025

Metric
EOG
EOG
WTI
WTI
Revenue
$5.6B
$121.7M
Net Profit
$701.0M
$-27.1M
Gross Margin
Operating Margin
16.7%
-15.7%
Net Margin
12.4%
-22.3%
Revenue YoY
0.9%
1.1%
Net Profit YoY
-44.0%
-16.1%
EPS (diluted)
$1.31
$-0.18

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
WTI
WTI
Q4 25
$5.6B
$121.7M
Q3 25
$5.8B
$127.5M
Q2 25
$5.5B
$122.4M
Q1 25
$5.7B
$129.9M
Q4 24
$5.6B
$120.3M
Q3 24
$6.0B
$121.4M
Q2 24
$6.0B
$142.8M
Q1 24
$6.1B
$140.8M
Net Profit
EOG
EOG
WTI
WTI
Q4 25
$701.0M
$-27.1M
Q3 25
$1.5B
$-71.5M
Q2 25
$1.3B
$-20.9M
Q1 25
$1.5B
$-30.6M
Q4 24
$1.3B
$-23.4M
Q3 24
$1.7B
$-36.9M
Q2 24
$1.7B
$-15.4M
Q1 24
$1.8B
$-11.5M
Operating Margin
EOG
EOG
WTI
WTI
Q4 25
16.7%
-15.7%
Q3 25
31.4%
-9.9%
Q2 25
31.9%
-10.5%
Q1 25
32.8%
-6.3%
Q4 24
28.5%
-14.1%
Q3 24
35.0%
-15.6%
Q2 24
35.4%
-4.4%
Q1 24
37.1%
-0.0%
Net Margin
EOG
EOG
WTI
WTI
Q4 25
12.4%
-22.3%
Q3 25
25.2%
-56.1%
Q2 25
24.6%
-17.1%
Q1 25
25.8%
-23.5%
Q4 24
22.4%
-19.4%
Q3 24
28.0%
-30.4%
Q2 24
28.0%
-10.8%
Q1 24
29.2%
-8.1%
EPS (diluted)
EOG
EOG
WTI
WTI
Q4 25
$1.31
$-0.18
Q3 25
$2.70
$-0.48
Q2 25
$2.46
$-0.14
Q1 25
$2.65
$-0.21
Q4 24
$2.25
$-0.16
Q3 24
$2.95
$-0.25
Q2 24
$2.95
$-0.10
Q1 24
$3.10
$-0.08

Balance Sheet & Financial Strength

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

Metric
EOG
EOG
WTI
WTI
Cash + ST InvestmentsLiquidity on hand
$3.4B
$140.6M
Total DebtLower is stronger
$350.8M
Stockholders' EquityBook value
$29.8B
$-199.8M
Total Assets
$51.8B
$955.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOG
EOG
WTI
WTI
Q4 25
$3.4B
$140.6M
Q3 25
$3.5B
$124.8M
Q2 25
$5.2B
$120.7M
Q1 25
$6.6B
$105.9M
Q4 24
$7.1B
$109.0M
Q3 24
$6.1B
$126.5M
Q2 24
$5.4B
$123.4M
Q1 24
$5.3B
$94.8M
Total Debt
EOG
EOG
WTI
WTI
Q4 25
$350.8M
Q3 25
$350.4M
Q2 25
$350.1M
Q1 25
$350.0M
Q4 24
$393.2M
Q3 24
$392.6M
Q2 24
$391.9M
Q1 24
$391.2M
Stockholders' Equity
EOG
EOG
WTI
WTI
Q4 25
$29.8B
$-199.8M
Q3 25
$30.3B
$-172.5M
Q2 25
$29.2B
$-102.7M
Q1 25
$29.5B
$-82.8M
Q4 24
$29.4B
$-52.6M
Q3 24
$29.6B
$-31.5M
Q2 24
$29.2B
$5.0M
Q1 24
$28.6B
$20.8M
Total Assets
EOG
EOG
WTI
WTI
Q4 25
$51.8B
$955.8M
Q3 25
$52.2B
$960.6M
Q2 25
$46.3B
$1.0B
Q1 25
$47.0B
$1.0B
Q4 24
$47.2B
$1.1B
Q3 24
$46.2B
$1.1B
Q2 24
$45.2B
$1.1B
Q1 24
$44.8B
$1.1B
Debt / Equity
EOG
EOG
WTI
WTI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
78.30×
Q1 24
18.85×

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
WTI
WTI
Operating Cash FlowLast quarter
$2.6B
$25.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOG
EOG
WTI
WTI
Q4 25
$2.6B
$25.9M
Q3 25
$3.1B
$26.5M
Q2 25
$2.0B
$28.0M
Q1 25
$2.3B
$-3.2M
Q4 24
$2.8B
$-4.3M
Q3 24
$3.6B
$14.8M
Q2 24
$2.9B
$37.4M
Q1 24
$2.9B
$11.6M
Cash Conversion
EOG
EOG
WTI
WTI
Q4 25
3.73×
Q3 25
2.11×
Q2 25
1.51×
Q1 25
1.56×
Q4 24
2.21×
Q3 24
2.14×
Q2 24
1.71×
Q1 24
1.62×

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%

WTI
WTI

Oil And Condensate$76.0M62%
Natural Gas Production$36.6M30%
Natural Gas Liquids Reserves$6.9M6%
Other$2.2M2%

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