EOG Resources Inc (EOG) financial statements: income statement, balance sheet and cash flow
EOG Resources Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), EOG Resources Inc reported revenue of $22.6B (-3.4% year on year) and net income of $5.0B (-22.2% year on year).
Income statement
EOG Resources Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenue from contract with customer
$22.6B
$23.4B
$23.2B
$29.5B
Revenue not from contract with customer
$85.0M
$304.0M
$909.0M
($3.9B)
Gains (Losses) on Asset Dispositions, Net
($35.0M)
$16.0M
$95.0M
$74.0M
Total
$22.6B
$23.7B
$24.2B
$25.7B
Lease and Well
$1.7B
$1.6B
$1.5B
$1.3B
Gathering, Processing and Transportation Costs
$2.1B
$1.7B
—
—
Exploration Costs
$236.0M
$174.0M
$181.0M
$159.0M
Dry Hole Costs
$49.0M
$14.0M
$1.0M
$45.0M
Impairments
$843.0M
$391.0M
$202.0M
$382.0M
Marketing Costs
$4.8B
$5.7B
$5.7B
$6.5B
Depreciation, Depletion and Amortization
$4.5B
$4.1B
$3.5B
$3.5B
General and Administrative
$820.0M
$669.0M
$640.0M
$570.0M
Taxes Other Than Income
$1.2B
$1.2B
$1.3B
$1.6B
Total
$16.2B
$15.6B
$14.6B
$15.7B
Operating Income
$6.4B
$8.1B
$9.6B
$10.0B
Other Income, Net
$212.0M
$274.0M
$234.0M
$114.0M
Income Before Interest Expense and Income Taxes
$6.6B
$8.4B
$9.8B
$10.1B
Incurred
$321.0M
$183.0M
$181.0M
$215.0M
Capitalized
($86.0M)
($45.0M)
($33.0M)
($36.0M)
Interest Expense, Net
$235.0M
$138.0M
$148.0M
—
Income Before Income Taxes
$6.4B
$8.2B
$9.7B
$9.9B
Income Tax Provision
$1.4B
$1.8B
$2.1B
$2.1B
Basic ( in usd per share)
$9.17
$11.31
$13.07
$13.31
Diluted (in usd per share)
$9.12
$11.25
$13.00
$13.22
Basic (in shares)
543.0M
566.0M
581.0M
583.0M
Diluted (in shares)
546.0M
569.0M
584.0M
587.0M
Net Income
$5.0B
$6.4B
$7.6B
$7.8B
Foreign Currency Translation Adjustments
($2.0M)
$4.0M
($1.0M)
$4.0M
Deferred Postretirement Plan
($1.0M)
$1.0M
—
—
Other comprehensive income (loss)
($3.0M)
$5.0M
($1.0M)
$4.0M
Comprehensive Income
$5.0B
$6.4B
$7.6B
—
EOG Resources Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenue from contract with customer
$8.5B
$6.8B
$5.7B
$5.4B
Revenue not from contract with customer
$68.0M
$132.0M
$133.0M
$123.0M
Gains (Losses) on Asset Dispositions, Net
$58.0M
$31.0M
($18.0M)
$0
Total
$8.6B
$6.9B
$5.8B
$5.5B
Lease and Well
$467.0M
$462.0M
$431.0M
$396.0M
Gathering, Processing and Transportation Costs
$676.0M
$654.0M
$587.0M
$455.0M
Exploration Costs
$47.0M
$45.0M
$71.0M
$74.0M
Dry Hole Costs
$30.0M
$23.0M
$0
$11.0M
Impairments
$19.0M
$39.0M
$71.0M
$39.0M
Marketing Costs
$1.9B
$1.4B
$1.1B
$1.2B
Depreciation, Depletion and Amortization
$1.3B
$1.2B
$1.2B
$1.1B
General and Administrative
$213.0M
$185.0M
$239.0M
$186.0M
Taxes Other Than Income
$431.0M
$338.0M
$309.0M
$301.0M
Total
$5.1B
$4.3B
$4.0B
$3.7B
Operating Income
$3.5B
$2.6B
$1.8B
$1.7B
Other Income, Net
$38.0M
$23.0M
$59.0M
$55.0M
Income Before Interest Expense and Income Taxes
$3.6B
$2.6B
$1.9B
$1.8B
Interest Expense, Net
$67.0M
$66.0M
$71.0M
$51.0M
Income Before Income Taxes
$3.5B
$2.6B
$1.8B
$1.8B
Income Tax Provision
$775.0M
$575.0M
$353.0M
$406.0M
Basic (in USD per share)
$5.18
$3.72
$2.72
$2.48
Diluted (in USD per share)
$5.15
$3.70
$2.70
$2.46
Basic (in shares)
526.0M
532.0M
541.0M
543.0M
Diluted (in shares)
529.0M
535.0M
544.0M
546.0M
Net Income
$2.7B
$2.0B
$1.5B
$1.3B
Foreign Currency Translation Adjustments
$1.0M
$1.0M
$2.0M
($3.0M)
Other Comprehensive Income (Loss)
$1.0M
$1.0M
$2.0M
($3.0M)
Comprehensive Income
$2.7B
$2.0B
$1.5B
$1.3B
Balance sheet
EOG Resources Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and Cash Equivalents
$3.4B
$7.1B
$5.3B
$6.0B
Accounts Receivable, Net
$2.7B
$2.6B
$2.7B
$2.8B
Inventories
$1.0B
$985.0M
$1.3B
$1.1B
Assets from Price Risk Management Activities
$18.0M
$0
$106.0M
—
Other
$547.0M
$503.0M
$560.0M
$574.0M
Total
$7.7B
$11.2B
$9.9B
$10.5B
Oil and Gas Properties (Successful Efforts Method)
$89.9B
$77.1B
$72.1B
$67.3B
Other Property, Plant and Equipment
$6.8B
$6.4B
$5.5B
$4.8B
Total Property, Plant and Equipment
$96.7B
$83.5B
$77.6B
$72.1B
Less: Accumulated Depreciation, Depletion and Amortization
($54.3B)
($49.3B)
($45.3B)
($42.7B)
Total Property, Plant and Equipment, Net
$42.3B
$34.2B
$32.3B
$29.4B
Deferred Income Taxes
$39.0M
$39.0M
$42.0M
$33.0M
Other Assets
$1.8B
$1.7B
$1.6B
$1.4B
Total Assets
$51.8B
$47.2B
$43.9B
$41.4B
Accounts Payable
$2.9B
$2.5B
$2.4B
$2.5B
Accrued Taxes Payable
$299.0M
$1.0B
$466.0M
$405.0M
Dividends Payable
$544.0M
$539.0M
$526.0M
$482.0M
Liabilities from Price Risk Management Activities
$0
$116.0M
$0
$169.0M
Current Portion of Long-Term Debt
$27.0M
$532.0M
$34.0M
$1.3B
Current Portion of Operating Lease Liabilities
$472.0M
$315.0M
$325.0M
$296.0M
Other
$445.0M
$381.0M
$286.0M
$346.0M
Total
$4.7B
$5.4B
$4.1B
$5.5B
Long-Term Debt
$7.9B
$4.2B
$3.8B
$3.8B
Other Liabilities
$2.5B
$2.4B
$2.5B
$2.6B
Deferred Income Taxes
$6.9B
$5.9B
$5.4B
$4.7B
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
206.0M
206.0M
206.0M
206.0M
Additional Paid in Capital
$6.0B
$6.1B
$6.2B
$6.2B
Accumulated Other Comprehensive Loss
($7.0M)
($4.0M)
($9.0M)
($8.0M)
Retained Earnings
$29.8B
$26.9B
$22.6B
$18.5B
Common Stock Held in Treasury, 51,374,169 Shares and 31,731,107 Shares at December 31, 2025 and 2024, respectively
-6.2B
-3.9B
-907.0M
-78.0M
Total Stockholders' Equity
$29.8B
$29.4B
$28.1B
$24.8B
Total Liabilities and Stockholders' Equity
$51.8B
$47.2B
$43.9B
$41.4B
EOG Resources Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and Cash Equivalents
$4.9B
$3.8B
$3.5B
$5.2B
Accounts Receivable, Net
$3.5B
$3.6B
$2.7B
$2.5B
Inventories
$930.0M
$955.0M
$945.0M
$934.0M
Other
$511.0M
$562.0M
$646.0M
$591.0M
Total
$9.9B
$9.0B
$7.8B
$9.2B
Oil and Gas Properties (Successful Efforts Method)
$92.5B
$90.8B
$88.3B
$80.1B
Other Property, Plant and Equipment
$7.1B
$6.9B
$6.8B
$6.6B
Total Property, Plant and Equipment
$99.5B
$97.7B
$95.1B
$86.8B
Less: Accumulated Depreciation, Depletion and Amortization
($56.3B)
($55.1B)
($52.5B)
($51.4B)
Total Property, Plant and Equipment, Net
$43.2B
$42.7B
$42.6B
$35.4B
Deferred Income Taxes
$35.0M
$30.0M
$37.0M
$39.0M
Other Assets
$1.6B
$1.7B
$1.8B
$1.6B
Total Assets
$54.8B
$53.4B
$52.2B
$46.3B
Accounts Payable
$3.4B
$3.2B
$2.9B
$2.3B
Accrued Taxes Payable
$697.0M
$766.0M
$392.0M
$348.0M
Dividends Payable
$531.0M
$541.0M
$550.0M
$1.1B
Current Portion of Long-Term Debt
$27.0M
$27.0M
$27.0M
$778.0M
Current Portion of Operating Lease Liabilities
$324.0M
$375.0M
$433.0M
$360.0M
Other
$382.0M
$329.0M
$452.0M
$257.0M
Total
$5.3B
$5.2B
$4.8B
$5.2B
Long-Term Debt
$7.9B
$7.9B
$7.7B
$3.5B
Other Liabilities
$2.5B
$2.5B
$2.5B
$2.4B
Deferred Income Taxes
$7.2B
$6.9B
$6.9B
$6.0B
Common Stock, $0.01 Par, 1,280,000,000 Shares Authorized and 589,044,385 Shares Issued at both June 30, 2026 and December 31, 2025
206.0M
206.0M
206.0M
206.0M
Additional Paid in Capital
$6.1B
$6.0B
$6.0B
$6.2B
Accumulated Other Comprehensive Loss
($5.0M)
($6.0M)
($5.0M)
($7.0M)
Retained Earnings
$33.4B
$31.2B
$29.6B
$28.1B
Common Stock Held in Treasury, 63,546,362 Shares at June 30, 2026 and 51,374,169 Shares at December 31, 2025
-7.8B
-6.5B
-5.5B
-5.2B
Total Stockholders' Equity
$31.9B
$30.9B
$30.3B
$29.2B
Total Liabilities and Stockholders' Equity
$54.8B
$53.4B
$52.2B
$46.3B
Cash flow statement
EOG Resources Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net Income
$5.0B
$6.4B
$7.6B
$7.8B
Depreciation, Depletion and Amortization
$4.5B
$4.1B
$3.5B
$3.5B
Impairments
$843.0M
$391.0M
$202.0M
$382.0M
Stock-Based Compensation Expenses
$216.0M
$199.0M
$177.0M
$133.0M
Deferred Income Taxes
$343.0M
$467.0M
$683.0M
($61.0M)
(Gains) Losses on Asset Dispositions, Net
$35.0M
($16.0M)
($95.0M)
($74.0M)
Other, Net
$27.0M
$17.0M
$27.0M
$0
Dry Hole Costs
$49.0M
$14.0M
$1.0M
$45.0M
Gains, Net
($13.0M)
($204.0M)
($818.0M)
$4.0B
Net Cash Received from (Payments for) Settlements of Financial Commodity Derivative Contracts
($56.0M)
$214.0M
($112.0M)
($3.5B)
Other, Net
($1.0M)
$0
($2.0M)
$45.0M
Accounts Receivable
$300.0M
$101.0M
($38.0M)
($347.0M)
Inventories
($49.0M)
$259.0M
($231.0M)
($534.0M)
Accounts Payable
($271.0M)
($36.0M)
($119.0M)
$90.0M
Accrued Taxes Payable
($735.0M)
$541.0M
$61.0M
($113.0M)
Other Assets
($17.0M)
$44.0M
$39.0M
($364.0M)
Other Liabilities
$17.0M
$23.0M
$184.0M
($266.0M)
Changes in Components of Working Capital Associated with Investing Activities
($85.0M)
($382.0M)
$295.0M
$375.0M
Net Cash Provided by Operating Activities
$10.0B
$12.1B
$11.3B
$11.1B
Acquisition of Encino Acquisition Partners, LLC, Net of Cash Acquired
($4.5B)
—
—
—
Additions to Oil and Gas Properties
($6.1B)
($5.4B)
($5.4B)
($4.6B)
Additions to Other Property, Plant and Equipment
($479.0M)
($1.0B)
($800.0M)
($381.0M)
Proceeds from Sales of Assets
$24.0M
$23.0M
$140.0M
$349.0M
Changes in Components of Working Capital Associated with Investing Activities
$85.0M
$382.0M
($295.0M)
($375.0M)
Net Cash Used in Investing Activities
($10.9B)
($6.0B)
($6.3B)
($5.1B)
Long-Term Debt Borrowings
$4.5B
$985.0M
—
$0
Long-Term Debt Repayments
($2.5B)
$0
($1.3B)
$0
Dividends Paid
($2.2B)
($2.1B)
($3.4B)
($5.1B)
Treasury Stock Purchased
($2.6B)
($3.2B)
($1.0B)
($118.0M)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan
$23.0M
$22.0M
$20.0M
$28.0M
Debt Issuance and Other Financing Costs
($25.0M)
($2.0M)
($8.0M)
$0
Repayment of Finance Lease Liabilities
($32.0M)
($33.0M)
($32.0M)
($35.0M)
Net Cash Used in Financing Activities
($2.8B)
($4.4B)
($5.7B)
($5.3B)
Effect of Exchange Rate Changes on Cash
$0
($1.0M)
$0
($1.0M)
Increase (Decrease) in Cash and Cash Equivalents
($3.7B)
$1.8B
($694.0M)
$763.0M
Cash and Cash Equivalents at Beginning of Year
$7.1B
$5.3B
$6.0B
$5.2B
Cash and Cash Equivalents at End of Year
$3.4B
$7.1B
$5.3B
$6.0B
EOG Resources Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net Income
$4.7B
$2.0B
$4.3B
$2.8B
Depreciation, Depletion and Amortization
$2.5B
$1.2B
$3.2B
$2.1B
Impairments
$58.0M
$39.0M
$154.0M
$83.0M
Stock-Based Compensation Expenses
$118.0M
$58.0M
$156.0M
$103.0M
Deferred Income Taxes
$364.0M
$18.0M
$427.0M
$149.0M
(Gains) Losses on Asset Dispositions, Net
($89.0M)
($31.0M)
$19.0M
$1.0M
Other, Net
$17.0M
$15.0M
$24.0M
$22.0M
Dry Hole Costs
$53.0M
$23.0M
$45.0M
$45.0M
(Gains) Losses, Net
($153.0M)
($113.0M)
($32.0M)
$84.0M
Net Cash Payments for Settlements of Financial Commodity Derivative Contracts
($8.0M)
($53.0M)
($35.0M)
($62.0M)
Other, Net
($1.0M)
—
—
—
Accounts Receivable
($847.0M)
($907.0M)
$303.0M
$170.0M
Inventories
$47.0M
$21.0M
$35.0M
$31.0M
Accounts Payable
$455.0M
$279.0M
($231.0M)
($236.0M)
Accrued Taxes Payable
$398.0M
$467.0M
($632.0M)
($660.0M)
Other Assets
$102.0M
$55.0M
($114.0M)
($86.0M)
Other Liabilities
($86.0M)
($123.0M)
$7.0M
($148.0M)
Changes in Components of Working Capital Associated with Investing Activities
$51.0M
$45.0M
($208.0M)
($49.0M)
Net Cash Provided by Operating Activities
$7.6B
$3.0B
$7.4B
$4.3B
Additions to Oil and Gas Properties
($3.1B)
($1.5B)
($4.6B)
($3.1B)
Additions to Other Property, Plant and Equipment
($297.0M)
($153.0M)
($367.0M)
($196.0M)
Proceeds from Sales of Assets
$151.0M
$144.0M
$21.0M
$16.0M
Changes in Components of Working Capital Associated with Investing Activities
($51.0M)
($45.0M)
$208.0M
$49.0M
Net Cash Used in Investing Activities
($3.3B)
($1.5B)
($9.2B)
($3.2B)
Long-Term Debt Repayments
$0
—
($1.8B)
($500.0M)
Dividends Paid
($1.1B)
($544.0M)
($1.6B)
($1.1B)
Treasury Stock Purchased
($1.7B)
($418.0M)
($1.9B)
($1.4B)
Proceeds from Stock Options Exercised and Employee Stock Purchase Plan