EOG Historical Income Statement

EOG Stock

USD 136.35 0.85 0.63%

Historical analysis of EOG Resources income statement accounts such as Total Revenue of 24.4 B or Gross Profit of 18.5 B can show how well EOG Resources performed in making a profits. Evaluating EOG Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EOG Resources's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining EOG Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EOG Resources is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.

About EOG Income Statement Analysis

EOG Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EOG Resources shareholders. The income statement also shows EOG investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

EOG Resources Income Statement Chart

At this time, EOG Resources' Other Operating Expenses is most likely to increase significantly in the upcoming years. The EOG Resources' current Operating Income is estimated to increase to about 10.1 B, while Interest Expense is projected to decrease to roughly 95.1 M.

Total Revenue Gross Profit Other Operating Expenses Ebitda Income Tax Expense Selling General Administrative

Total Revenue

Total revenue comprises all receipts EOG Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EOG Resources minus its cost of goods sold. It is profit before EOG Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EOG Resources. It is also known as EOG Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from EOG Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EOG Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.At this time, EOG Resources' Other Operating Expenses is most likely to increase significantly in the upcoming years. The EOG Resources' current Operating Income is estimated to increase to about 10.1 B, while Interest Expense is projected to decrease to roughly 95.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	14.3B	24.0B	17.7B	18.5B
Total Revenue	19.7B	29.5B	23.3B	24.4B

Gross Profit Total Revenue

EOG Resources income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Research Development	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.74	0.43	0.31	0.67	0.14	0.13	0.32	0.77	0.76	0.09	-0.02	0.09	0.07	0.53	0.62	0.06	0.01	0.08	-0.11	0.23	-0.08	-0.05	-0.04	-0.27
Interest Expense	0.74		-0.02	-0.12	0.27	-0.3	-0.29	-0.12	0.42	0.46	-0.34	-0.27	-0.31	-0.37	0.16	0.16	-0.34	0.12	0.3	-0.43	-0.2	0.44	-0.42	-0.38	0.22
Total Revenue	0.43	-0.02		0.99	0.92	0.89	0.93	0.98	0.72	0.68	0.86	0.3	0.87	0.7	0.85	0.9	0.85	-0.14	-0.48	0.73	0.78	-0.59	0.66	0.59	-0.7
Gross Profit	0.31	-0.12	0.99		0.85	0.93	0.96	0.98	0.6	0.64	0.9	0.34	0.9	0.74	0.78	0.86	0.89	-0.17	-0.53	0.77	0.76	-0.61	0.66	0.59	-0.68
Other Operating Expenses	0.67	0.27	0.92	0.85		0.69	0.76	0.87	0.91	0.73	0.67	0.19	0.69	0.52	0.91	0.91	0.67	-0.06	-0.3	0.55	0.71	-0.48	0.56	0.54	-0.66
Operating Income	0.14	-0.3	0.89	0.93	0.69		0.93	0.9	0.42	0.5	0.98	0.63	0.96	0.86	0.64	0.75	0.96	-0.48	-0.78	0.73	0.72	-0.56	0.63	0.53	-0.63
Ebit	0.13	-0.29	0.93	0.96	0.76	0.93		0.98	0.49	0.45	0.94	0.38	0.94	0.8	0.73	0.76	0.94	-0.2	-0.59	0.82	0.73	-0.56	0.76	0.61	-0.63
Ebitda	0.32	-0.12	0.98	0.98	0.87	0.9	0.98		0.65	0.55	0.91	0.35	0.91	0.77	0.83	0.83	0.9	-0.18	-0.54	0.77	0.76	-0.57	0.74	0.62	-0.66
Cost Of Revenue	0.77	0.42	0.72	0.6	0.91	0.42	0.49	0.65		0.58	0.41	0.07	0.44	0.29	0.85	0.75	0.41	0.04	-0.1	0.32	0.57	-0.32	0.43	0.42	-0.54
Total Operating Expenses	0.76	0.46	0.68	0.64	0.73	0.5	0.45	0.55	0.58		0.41	0.14	0.41	0.36	0.48	0.83	0.39	-0.13	-0.19	0.15	0.38	-0.36	-0.04	0.14	-0.42
Income Before Tax	0.09	-0.34	0.86	0.9	0.67	0.98	0.94	0.91	0.41	0.41		0.67	0.98	0.89	0.64	0.72	0.98	-0.51	-0.81	0.72	0.71	-0.52	0.7	0.58	-0.62
Total Other Income Expense Net	-0.02	-0.27	0.3	0.34	0.19	0.63	0.38	0.35	0.07	0.14	0.67		0.62	0.67	0.17	0.28	0.63	-0.96	-0.92	0.17	0.34	-0.17	0.25	0.22	-0.32
Net Income	0.09	-0.31	0.87	0.9	0.69	0.96	0.94	0.91	0.44	0.41	0.98	0.62		0.79	0.68	0.73	1.0	-0.47	-0.8	0.76	0.74	-0.49	0.73	0.6	-0.64
Income Tax Expense	0.07	-0.37	0.7	0.74	0.52	0.86	0.8	0.77	0.29	0.36	0.89	0.67	0.79		0.42	0.56	0.79	-0.53	-0.71	0.49	0.52	-0.52	0.53	0.44	-0.48
Selling General Administrative	0.53	0.16	0.85	0.78	0.91	0.64	0.73	0.83	0.85	0.48	0.64	0.17	0.68	0.42		0.75	0.66	-0.03	-0.3	0.67	0.81	-0.47	0.76	0.61	-0.73
Selling And Marketing Expenses	0.62	0.16	0.9	0.86	0.91	0.75	0.76	0.83	0.75	0.83	0.72	0.28	0.73	0.56	0.75		0.72	-0.17	-0.41	0.56	0.7	-0.44	0.46	0.41	-0.68
Net Income From Continuing Ops	0.06	-0.34	0.85	0.89	0.67	0.96	0.94	0.9	0.41	0.39	0.98	0.63	1.0	0.79	0.66	0.72		-0.48	-0.81	0.76	0.74	-0.49	0.73	0.59	-0.63
Research Development	0.01	0.12	-0.14	-0.17	-0.06	-0.48	-0.2	-0.18	0.04	-0.13	-0.51	-0.96	-0.47	-0.53	-0.03	-0.17	-0.48		0.87	-0.02	-0.19	0.02	-0.07	-0.07	0.18
Non Recurring	0.08	0.3	-0.48	-0.53	-0.3	-0.78	-0.59	-0.54	-0.1	-0.19	-0.81	-0.92	-0.8	-0.71	-0.3	-0.41	-0.81	0.87		-0.41	-0.5	0.18	-0.42	-0.35	0.37
Non Operating Income Net Other	-0.11	-0.43	0.73	0.77	0.55	0.73	0.82	0.77	0.32	0.15	0.72	0.17	0.76	0.49	0.67	0.56	0.76	-0.02	-0.41		0.74	-0.53	0.86	0.59	-0.66
Tax Provision	0.23	-0.2	0.78	0.76	0.71	0.72	0.73	0.76	0.57	0.38	0.71	0.34	0.74	0.52	0.81	0.7	0.74	-0.19	-0.5	0.74		-0.59	0.77	0.69	-0.92
Interest Income	-0.08	0.44	-0.59	-0.61	-0.48	-0.56	-0.56	-0.57	-0.32	-0.36	-0.52	-0.17	-0.49	-0.52	-0.47	-0.44	-0.49	0.02	0.18	-0.53	-0.59		-0.45	-0.75	0.71
Net Interest Income	-0.05	-0.42	0.66	0.66	0.56	0.63	0.76	0.74	0.43	-0.04	0.7	0.25	0.73	0.53	0.76	0.46	0.73	-0.07	-0.42	0.86	0.77	-0.45		0.68	-0.67
Reconciled Depreciation	-0.04	-0.38	0.59	0.59	0.54	0.53	0.61	0.62	0.42	0.14	0.58	0.22	0.6	0.44	0.61	0.41	0.59	-0.07	-0.35	0.59	0.69	-0.75	0.68		-0.64
Extraordinary Items	-0.27	0.22	-0.7	-0.68	-0.66	-0.63	-0.63	-0.66	-0.54	-0.42	-0.62	-0.32	-0.64	-0.48	-0.73	-0.68	-0.63	0.18	0.37	-0.66	-0.92	0.71	-0.67	-0.64

Click cells to compare fundamentals

EOG Resources Account Relationship Matchups

EOG Resources income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	4.0B	3.9B	4.0B	3.8B	3.6B	1.8B
Interest Expense	185.1M	205.3M	178M	179M	148M	95.1M
Total Revenue	16.9B	9.9B	19.7B	29.5B	23.3B	24.4B
Gross Profit	11.3B	5.0B	14.3B	24.0B	17.7B	18.5B
Other Operating Expenses	13.0B	9.4B	12.1B	15.2B	13.7B	14.4B
Operating Income	3.7B	468.1M	6.1B	14.4B	9.6B	10.1B
Ebit	3.7B	(17.1M)	6.1B	10.1B	9.8B	10.3B
Ebitda	7.7B	3.9B	10.1B	13.9B	13.5B	14.1B
Cost Of Revenue	5.6B	4.9B	5.3B	5.5B	5.6B	5.9B
Total Operating Expenses	7.4B	4.5B	6.7B	9.7B	4.9B	2.9B
Income Before Tax	3.5B	(739.1M)	5.9B	9.9B	9.7B	10.2B
Total Other Income Expense Net	(153.7M)	(195.1M)	(169M)	(65M)	86M	90.3M
Net Income	2.7B	(604.6M)	4.7B	7.8B	7.6B	8.0B
Income Tax Expense	810.4M	(134.5M)	1.3B	2.1B	2.1B	2.2B
Selling General Administrative	489.4M	483.8M	511M	570M	640M	672M
Net Income Applicable To Common Shares	2.7B	(604.6M)	4.7B	7.8B	8.9B	9.4B
Selling And Marketing Expenses	5.4B	2.7B	4.2B	6.5B	5.7B	3.8B
Net Income From Continuing Ops	2.7B	(604.6M)	4.7B	7.8B	7.6B	8.0B
Non Recurring	685.8M	2.3B	601M	(586M)	(527.4M)	(501.0M)
Non Operating Income Net Other	31.4M	10.2M	9M	114M	131.1M	137.7M
Tax Provision	810.4M	(134.5M)	1.3B	2.1B	2.1B	2.2B
Interest Income	185.1M	205.3M	178M	179M	240M	180.1M
Net Interest Income	(185.1M)	(205.3M)	(178M)	(179M)	92M	96.6M
Reconciled Depreciation	3.7B	3.4B	3.7B	3.5B	3.5B	3.9B

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

When determining whether EOG Resources is a strong investment it is important to analyze EOG Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EOG Resources' future performance. For an informed investment choice regarding EOG Stock, refer to the following important reports:

How To Invest In EOG

Details

Is EOG Stock a good investment?

Details

What is EOG Resources' Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

View

Largest Oil & Gas E&P Companies

View

For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EOG Resources. If investors know EOG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EOG Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.15)

Dividend Share

3.64

Earnings Share

12.39

Revenue Per Share

41.72

Quarterly Revenue Growth

(0.04)

The market value of EOG Resources is measured differently than its book value, which is the value of EOG that is recorded on the company's balance sheet. Investors also form their own opinion of EOG Resources' value that differs from its market value or its book value, called intrinsic value, which is EOG Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EOG Resources' market value can be influenced by many factors that don't directly affect EOG Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between EOG Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if EOG Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EOG Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

EOG Historical Income Statement

About EOG Income Statement Analysis

EOG Resources Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

EOG Resources income statement Correlations

EOG Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EOG Resources income statement Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income From Continuing Ops	+ 1.0	Net Income
Gross Profit	+ 0.99	Total Revenue
Ebitda	+ 0.98	Total Revenue
Ebitda	+ 0.98	Gross Profit
Income Before Tax	+ 0.98	Operating Income
Ebitda	+ 0.98	Ebit

Research Development	- 0.96	Total Other Income Expense Net
Extraordinary Items	- 0.92	Tax Provision
Non Recurring	- 0.92	Total Other Income Expense Net
Non Recurring	- 0.81	Net Income From Continuing Ops
Non Recurring	- 0.81	Income Before Tax
Non Recurring	- 0.8	Net Income