EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, including 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

EOG Resources, Inc.

Crude Oil and Condensate

Crude Oil and Condensate %Chg

Crude Oil and Condensate Common Size

Natural Gas Liquids

Natural Gas Liquids %Chg

Natural Gas Liquids Common Size

Natural Gas

Natural Gas %Chg

Natural Gas Common Size

Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net

Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net %Chg

Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net Common Size

Gathering, Processing and Marketing

Gathering, Processing and Marketing %Chg

Gathering, Processing and Marketing Common Size

Gains on Asset Dispositions, Net

Gains on Asset Dispositions, Net %Chg

Gains on Asset Dispositions, Net Common Size

Other, Net

Other, Net %Chg

Other, Net Common Size

Total Net Operating Revenues and Other

Total Net Operating Revenues and Other %Chg

Total Net Operating Revenues and Other Common Size

Total Operating Revenues and Other

Total Operating Revenues and Other %Chg

Total Operating Revenues and Other Common Size

Lease and Well

Lease and Well %Chg

Lease and Well Common Size

Transportation Costs

Transportation Costs %Chg

Transportation Costs Common Size

Gathering and Processing Costs

Gathering and Processing Costs %Chg

Gathering and Processing Costs Common Size

Gathering, Processing and Transportation Costs

Gathering, Processing and Transportation Costs %Chg

Gathering, Processing and Transportation Costs Common Size

Exploration Costs

Exploration Costs %Chg

Exploration Costs Common Size

Dry Hole Costs

Dry Hole Costs %Chg

Dry Hole Costs Common Size

Impairments

Impairments %Chg

Impairments Common Size

Marketing Costs

Marketing Costs %Chg

Marketing Costs Common Size

Depreciation, Depletion and Amortization

Depreciation, Depletion and Amortization %Chg

Depreciation, Depletion and Amortization Common Size

General and Administrative

General and Administrative %Chg

General and Administrative Common Size

Taxes Other Than Income

Taxes Other Than Income %Chg

Taxes Other Than Income Common Size

Total Operating Expenses

Total Operating Expenses %Chg

Total Operating Expenses Common Size

Operating Income

Operating Income %Chg

Operating Income Common Size

Other Income, Net

Other Income, Net %Chg

Other Income, Net Common Size

Income Before Interest Expense and Income Taxes

Income Before Interest Expense and Income Taxes %Chg

Income Before Interest Expense and Income Taxes Common Size

Incurred

Incurred %Chg

Incurred Common Size

Capitalized

Capitalized %Chg

Capitalized Common Size

Interest Expense, Net

Interest Expense, Net %Chg

Interest Expense, Net Common Size

Income Before Income Taxes

Income Before Income Taxes %Chg

Income Before Income Taxes Common Size

Income Tax Provision

Income Tax Provision %Chg

Income Tax Provision Common Size

Net Income

Net Income %Chg

Net Income Common Size

Dividends Declared per Common Share

Dividends Declared per Common Share %Chg

Dividends Declared per Common Share Common Size

Basic

Basic %Chg

Basic Common Size

Diluted

Diluted %Chg

Diluted Common Size

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Cost of Sales

Cost of Sales %Chg

Cost of Sales Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Depreciation & Amortization Expenses

Depreciation & Amortization Expenses %Chg

Depreciation & Amortization Expenses Common Size

Exploration Expenses

Exploration Expenses %Chg

Exploration Expenses Common Size

Other Operating Expenses

Other Operating Expenses %Chg

Other Operating Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Non-Operating Income

Non-Operating Income %Chg

Non-Operating Income Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Total Revenues	11,232	11,566	11,912	12,193	11,080	14,145
Total Revenues %Chg	-5.7%	-5.1%	7.5%	-13.8%	-28.4%	26.4%
Crude Oil and Condensate
Natural Gas Liquids
Natural Gas
Gathering, Processing and Marketing
Other, Net
Cost of Sales	3,338	3,609	3,680	3,639	3,524	3,046
Lease and Well
Transportation Costs
Gathering and Processing Costs
Marketing Costs
Gross Profit	7,894	7,957	8,232	8,554	7,556	11,099
Gross Profit Margin	70.3%	68.8%	69.1%	70.2%	68.2%	78.5%
Selling, General & Administrative Expenses	999	930	988	995	929	1,041
General and Administrative
Taxes Other Than Income
Depreciation & Amortization Expenses	2,066	2,050	2,058	1,828	1,664	1,784
Depreciation, Depletion and Amortization
Exploration Expenses	160	103	85	84	98	101
Exploration Costs
Dry Hole Costs
Other Operating Expenses	83	291	100	133	69	236
Impairments
Operating Profit	3,606	3,681	4,401	5,061	4,542	6,517
Operating Income
Operating Margin	32.1%	31.8%	36.9%	41.5%	41%	46.1%
Interest Expense	-98	-297	-69	-285	-77	-334
Incurred
Capitalized
Interest Expense, Net
Non-Operating Income	35	130	364	494	653	255
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net
Gains on Asset Dispositions, Net
Other Income, Net
Total Non-Operating Income	-63	-167	295	209	576	-79
Income Before Provision for Income Taxes	3,628	3,758	4,460	5,108	4,581	6,522
Income Before Income Taxes
Provision for Income Taxes	820	834	981	1,090	1,005	1,391
Income Tax Provision
Consolidated Net Income	2,808	2,924	3,479	4,018	3,576	5,131
Net Income
Net Income Attributable to Common Shareholders	2,808	2,924	3,479	4,018	3,576	5,131
Basic EPS	5.1	5.2	6.1	6.9	6.1	8.8
Diluted EPS	5.1	5.2	6.1	6.9	6.1	8.7
Basic Weighted Average Shares Outstanding	547	560	572	580	582	584
Total Shares Outstanding	546	557.2	569.3	580.9	582.2	587.7
Diluted Weighted Average Shares Outstanding	549	563	575	582	586	587
EBITDA	5,672	5,731	6,459	6,889	6,206	8,301
Effective Tax Rate	22.6%	22.2%	22%	21.3%	21.9%	21.3%