EOG Historical Income Statement

EOG Stock  USD 133.09  0.55  0.41%   
Historical analysis of EOG Resources income statement accounts such as Total Revenue of 24.4 B or Gross Profit of 15.2 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.
 
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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.
  
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

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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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 Profit14.3B24.0B14.5B15.2B
Total Revenue19.7B29.5B23.3B24.4B

EOG Resources income statement Correlations

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0.74-0.02-0.060.27-0.3-0.29-0.120.090.46-0.34-0.27-0.31-0.370.160.16-0.340.120.3-0.43-0.20.44-0.42-0.380.22
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0.38-0.060.970.840.910.920.940.60.740.860.330.860.720.730.880.85-0.19-0.510.680.72-0.630.530.53-0.65
0.670.270.920.840.690.760.870.860.730.670.190.690.520.910.910.67-0.06-0.30.550.71-0.480.560.54-0.66
0.14-0.30.890.910.690.930.90.550.50.980.630.960.860.640.750.96-0.48-0.780.730.72-0.560.630.53-0.63
0.13-0.290.930.920.760.930.980.690.450.940.380.940.80.730.760.94-0.2-0.590.820.73-0.560.760.61-0.63
0.32-0.120.980.940.870.90.980.790.550.910.350.910.770.830.830.9-0.18-0.540.770.76-0.570.740.62-0.66
0.440.090.770.60.860.550.690.790.290.60.140.630.430.920.680.610.02-0.250.620.7-0.330.80.58-0.6
0.760.460.680.740.730.50.450.550.290.410.140.410.360.480.830.39-0.13-0.190.150.38-0.36-0.040.14-0.42
0.09-0.340.860.860.670.980.940.910.60.410.670.980.890.640.720.98-0.51-0.810.720.71-0.520.70.58-0.62
-0.02-0.270.30.330.190.630.380.350.140.140.670.620.670.170.280.63-0.96-0.920.170.34-0.170.250.22-0.32
0.09-0.310.870.860.690.960.940.910.630.410.980.620.790.680.731.0-0.47-0.80.760.74-0.490.730.6-0.64
0.07-0.370.70.720.520.860.80.770.430.360.890.670.790.420.560.79-0.53-0.710.490.52-0.520.530.44-0.48
0.530.160.850.730.910.640.730.830.920.480.640.170.680.420.750.66-0.03-0.30.670.81-0.470.760.61-0.73
0.620.160.90.880.910.750.760.830.680.830.720.280.730.560.750.72-0.17-0.410.560.7-0.440.460.41-0.68
0.06-0.340.850.850.670.960.940.90.610.390.980.631.00.790.660.72-0.48-0.810.760.74-0.490.730.59-0.63
0.010.12-0.14-0.19-0.06-0.48-0.2-0.180.02-0.13-0.51-0.96-0.47-0.53-0.03-0.17-0.480.87-0.02-0.190.02-0.07-0.070.18
0.080.3-0.48-0.51-0.3-0.78-0.59-0.54-0.25-0.19-0.81-0.92-0.8-0.71-0.3-0.41-0.810.87-0.41-0.50.18-0.42-0.350.37
-0.11-0.430.730.680.550.730.820.770.620.150.720.170.760.490.670.560.76-0.02-0.410.74-0.530.860.59-0.66
0.23-0.20.780.720.710.720.730.760.70.380.710.340.740.520.810.70.74-0.19-0.50.74-0.590.770.69-0.92
-0.080.44-0.59-0.63-0.48-0.56-0.56-0.57-0.33-0.36-0.52-0.17-0.49-0.52-0.47-0.44-0.490.020.18-0.53-0.59-0.45-0.750.71
-0.05-0.420.660.530.560.630.760.740.8-0.040.70.250.730.530.760.460.73-0.07-0.420.860.77-0.450.68-0.67
-0.04-0.380.590.530.540.530.610.620.580.140.580.220.60.440.610.410.59-0.07-0.350.590.69-0.750.68-0.64
-0.270.22-0.7-0.65-0.66-0.63-0.63-0.66-0.6-0.42-0.62-0.32-0.64-0.48-0.73-0.68-0.630.180.37-0.66-0.920.71-0.67-0.64
Click cells to compare fundamentals

EOG Resources Account Relationship Matchups

EOG Resources income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization4.0B3.9B4.0B3.8B3.6B1.8B
Interest Expense185.1M205.3M178M179M148M95.1M
Total Revenue16.9B9.9B19.7B29.5B23.3B24.4B
Gross Profit11.3B5.0B14.3B24.0B14.5B15.2B
Other Operating Expenses13.0B9.4B12.1B15.2B13.7B14.4B
Operating Income3.7B468.1M6.1B14.4B9.6B10.1B
Ebit3.7B(17.1M)6.1B10.1B9.8B10.3B
Ebitda7.7B3.9B10.1B13.9B13.5B14.1B
Cost Of Revenue5.6B4.9B5.3B5.5B8.8B9.2B
Total Operating Expenses7.4B4.5B6.7B9.7B4.9B2.9B
Income Before Tax3.5B(739.1M)5.9B9.9B9.7B10.2B
Total Other Income Expense Net(153.7M)(195.1M)(169M)(65M)86M90.3M
Net Income2.7B(604.6M)4.7B7.8B7.6B8.0B
Income Tax Expense810.4M(134.5M)1.3B2.1B2.1B2.2B
Selling General Administrative489.4M483.8M511M570M640M672M
Net Income Applicable To Common Shares2.7B(604.6M)4.7B7.8B8.9B9.4B
Selling And Marketing Expenses5.4B2.7B4.2B6.5B5.7B3.8B
Net Income From Continuing Ops2.7B(604.6M)4.7B7.8B7.6B8.0B
Non Recurring685.8M2.3B601M(586M)(527.4M)(501.0M)
Non Operating Income Net Other31.4M10.2M9M114M131.1M137.7M
Tax Provision810.4M(134.5M)1.3B2.1B2.1B2.2B
Interest Income185.1M205.3M178M179M240M180.1M
Net Interest Income(185.1M)(205.3M)(178M)(179M)92M96.6M
Reconciled Depreciation3.7B3.4B3.7B3.5B3.5B3.9B

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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:
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.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.