Friday 6 November 2026 Export EOG’s income statement to Excel — free account

EOG Resources, Inc.

EOG Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $22.6 billion, down 4.50% from fiscal 2024.

Revenue: +46.2%
EPS: +97.4%
Free cash flow: +162.4%
Total debt: +2.96%

Quarter to September 2026, against a year earlier

S&P 500

145.16 1.90 −1.29%

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Market cap: $76.0B
P/E: 9.3×
Fwd P/E: 9.2×
Dividend yield: 2.81%
F-score: 4/9
Altman Z: 3.27
Beneish M: −3.00
Dividend safety: 58/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

EOG Resources, Inc. (EOG) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
United States	22,269	98.40%
Trinidad	359	1.59%
Other International	4	0.02%
Gross margin		100.00%
Operating margin		28.21%
Pre-tax margin		28.11%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2019	FY2018	FY2017	FY2016
Crude Oil and Condensate	12,501 55.24%	13,921 58.74%	13,748 56.84%	9,613 55.31%	9,517 55.09%	6,256 55.82%	4,317 56.43%
Gathering, Processing and Marketing	4,914 21.71%	5,800 24.47%	5,806 24.01%	5,360 30.84%	5,230 30.28%	3,298 29.43%	1,966 25.70%
Natural Gas	2,791 12.33%	1,551 6.54%	1,744 7.21%	1,184 6.81%	1,302 7.53%	922 8.23%	742 9.70%
Natural Gas Liquids	2,376 10.50%	2,106 8.89%	1,884 7.79%	785 4.52%	1,128 6.53%	730 6.51%	437 5.72%
Gains (Losses) On Mark-To-Market Commodity Derivative Contracts	—	—	—	180 1.04%	(166) (0.96%)	20 0.18%	(100) (1.30%)
Other, Net	—	—	—	134 0.77%	90 0.52%	82 0.73%	81 1.06%
Gains (Losses) On Asset Dispositions, Net	—	—	—	124 0.71%	175 1.01%	(99) (0.88%)	206 2.69%
Other, not broken out	—	320 1.35%	1,004 4.15%	—	—	—	—
Revenue	22,632	23,698	24,186	17,380	17,275	11,208	7,651

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
United States	22,269 98.40%	23,387 98.69%	23,916 98.88%	25,394 98.80%	18,265 97.98%	10,795 97.85%	17,052 98.11%	16,795 97.22%	10,872 97.00%	7,323 95.72%	8,314 94.94%	16,792 93.11%	13,513 93.28%	10,741 91.94%	9,065 89.52%	5,116 83.88%
Trinidad	359 1.59%	311 1.31%	270 1.12%	307 1.19%	300 1.61%	182 1.65%	271 1.56%	310 1.79%	285 2.54%	242 3.17%	381 4.35%	519 2.88%	525 3.62%	570 4.88%	556 5.49%	455 7.46%
Other International	4 0.02%	—	—	1 0.00%	77 0.41%	55 0.50%	57 0.33%	171 0.99%	52 0.46%	85 1.11%	62 0.71%	724 4.02%	449 3.10%	23 0.20%	28 0.28%	28 0.45%
California	—	—	—	—	—	—	—	—	—	—	—	—	—	348 2.98%	477 4.71%	500 8.21%
Revenue	22,632	23,698	24,186	25,702	18,642	11,032	17,380	17,275	11,208	7,651	8,757	18,035	14,487	11,683	10,126	6,100

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
United States	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Trinidad	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
California	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Average Crude Oil and Condensate Prices ($/Bbl) — Composite	Q3 FY2026	$86.72	$65.95	+31.49%
Average Crude Oil and Condensate Prices ($/Bbl) — Other International	Q3 FY2026	$87.96	—	—
Average Crude Oil and Condensate Prices ($/Bbl) — Trinidad	Q3 FY2026	$84.62	$57.74	+46.55%
Average Natural Gas Liquids Prices ($/Bbl) — Composite	Q3 FY2026	$26.13	$21.25	+22.96%
Average Natural Gas Prices ($/Mcf) — Composite	Q3 FY2026	$3.74	$2.80	+33.57%
Average Natural Gas Prices ($/Mcf) — Trinidad	Q3 FY2026	$3.92	$3.80	+3.16%
Crude Oil and Condensate Volumes (MBbld) — Other International	Q3 FY2026	700.00	—	—
Crude Oil and Condensate Volumes (MBbld) — Total	Q3 FY2026	550.4K	534.5K	+2.97%
Crude Oil and Condensate Volumes (MBbld) — Trinidad	Q3 FY2026	2.0K	1.6K	+25.00%
Crude Oil and Condensate Volumes (MBbld) — United States	Q3 FY2026	547.7K	532.9K	+2.78%
Natural Gas Liquids Volumes (MBbld) — Total	Q3 FY2026	357.1K	309.3K	+15.45%
Natural Gas Liquids Volumes (MBbld) — United States	Q3 FY2026	357.1K	309.3K	+15.45%
Natural Gas Volumes (MMcfd) — Total	Q3 FY2026	3.2B	2.7B	+14.86%
Natural Gas Volumes (MMcfd) — Trinidad	Q3 FY2026	260.0M	230.0M	+13.04%
Natural Gas Volumes (MMcfd) — United States	Q3 FY2026	2.9B	2.5B	+14.77%

	Q3 FY2026	Q2 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Average Crude Oil and Condensate Prices ($/Bbl) — Composite	‡	‡	‡	‡	‡	‡
Average Crude Oil and Condensate Prices ($/Bbl) — Other International	‡	‡	‡	‡	‡	‡
Average Crude Oil and Condensate Prices ($/Bbl) — Trinidad	‡	‡	‡	‡	‡	‡
Average Natural Gas Liquids Prices ($/Bbl) — Composite	‡	‡	‡	‡	‡	‡
Average Natural Gas Prices ($/Mcf) — Composite	‡	‡	‡	‡	‡	‡
Average Natural Gas Prices ($/Mcf) — Trinidad	‡	‡	‡	‡	‡	‡
Crude Oil and Condensate Volumes (MBbld) — Other International	‡	‡	‡	‡	‡	‡
Crude Oil and Condensate Volumes (MBbld) — Total	‡	‡	‡	‡	‡	‡
Crude Oil and Condensate Volumes (MBbld) — Trinidad	‡	‡	‡	‡	‡	‡
Crude Oil and Condensate Volumes (MBbld) — United States	‡	‡	‡	‡	‡	‡
Natural Gas Liquids Volumes (MBbld) — Total	‡	‡	‡	‡	‡	‡
Natural Gas Liquids Volumes (MBbld) — United States	‡	‡	‡	‡	‡	‡
Natural Gas Volumes (MMcfd) — Total	‡	‡	‡	‡	‡	‡
Natural Gas Volumes (MMcfd) — Trinidad	‡	‡	‡	‡	‡	‡
Natural Gas Volumes (MMcfd) — United States	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.