EOG · Energy

EOG RESOURCES INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

• Guidance / OutlookImportance 73 · Surprise 76
  EOG expects 5% oil production growth and 14% total production growth in 2026, including contributions from the United Arab Emirates. The company provided third-quarter and full-year 2026 production guidance covering…
• Upstream Production VolumeImportance 67 · Surprise 66
  EOG reported second-quarter production volumes above the midpoint of its guidance range, with total production up 24.4% year over year. The company expects 5% oil production growth and 14% total production growth for…
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  EOG leased 60,000 net acres in Lavaca County to expand its Austin Chalk position. Management described the acreage as a high-quality “sweet spot” that could pay for itself in less than one year. The position adds…

News · 2026-08-06

• Guidance / OutlookImportance 73 · Surprise 76
  EOG expects 5% oil production growth and 14% total production growth in 2026, including contributions from the United Arab Emirates. The company provided third-quarter and full-year 2026 production guidance covering…
• Revenue Performance and MixImportance 69 · Surprise 64
  EOG Resources reported second-quarter 2026 revenue of $8.62 billion, up 57.4% year over year and above the $8.04 billion FactSet estimate. The increase was driven by higher crude oil prices and a 24.4% production gain.…
• Net Income and ProfitabilityImportance 69 · Surprise 64
  Second-quarter 2026 GAAP net income doubled to $2.72 billion from $1.35 billion in the prior-year quarter. Adjusted net income was $2.68 billion, while adjusted EPS reached $5.07 and exceeded the $4.97 FactSet…

News · 2026-08-05

• Net Income and ProfitabilityImportance 69 · Surprise 64
  Second-quarter 2026 GAAP net income doubled to $2.72 billion from $1.35 billion in the prior-year quarter. Adjusted net income was $2.68 billion, while adjusted EPS reached $5.07 and exceeded the $4.97 FactSet…
• Upstream Production VolumeImportance 67 · Surprise 66
  EOG reported second-quarter production volumes above the midpoint of its guidance range, with total production up 24.4% year over year. The company expects 5% oil production growth and 14% total production growth for…
• Cash Flow and Shareholder ReturnsImportance 58 · Surprise 42
  EOG generated $4.7 billion of operating cash flow and $2.8 billion of free cash flow in the second quarter of 2026. The company returned $1.8 billion to shareholders through regular dividends and share repurchases. EOG…
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  EOG leased 60,000 net acres in Lavaca County to expand its Austin Chalk position. Management described the acreage as a high-quality “sweet spot” that could pay for itself in less than one year. The position adds…

10-Q · 2026-08-04

• Revenue Performance and MixImportance 69 · Surprise 64
  Second-quarter 2026 operating revenues increased 57% year over year to $8,620 million, while production sales increased 58% to $6,483 million.,Crude oil and condensate revenue increased 65% to $4,901 million, driven by a $1,667 million benefit from a 51% higher composite price of $98.15 per barrel and a $260 million benefit from 9% higher deliveries.,NGL revenue increased 44% to $770 million on 34% higher deliveries, while natural gas revenue increased 35% to $812 million on 39% higher deliveries despite a 2% decline in composite natural gas prices.,For the first six months of 2026, operating revenues rose 39% to $15,541 million, including 35% growth in crude oil and condensate revenue, 30% growth in NGL revenue and 48% growth in natural gas revenue.
• Operating Expense TrendsImportance 64 · Surprise 56
  Second-quarter 2026 operating expenses increased $1,361 million to $5,092 million, while first-half operating expenses increased $1,874 million to $9,415 million.,First-half gathering, processing and transportation costs increased $435 million to $1,330 million, primarily because of $440 million of higher costs in the Utica and $20 million in the Permian Basin.,First-half depreciation, depletion and amortization increased $386 million to $2,452 million, principally from $478 million of higher United States production-related expense, partly offset by $115 million of lower United States unit rates.,First-half general and administrative expense increased $41 million to $398 million because of higher employee-related costs of $34 million, legal expenses of $13 million and information-systems costs of $7 million.
• Liquidity and Debt PositionImportance 64 · Surprise 56
  At June 30, 2026, EOG held $4.9 billion of cash and cash equivalents and had $3.0 billion of undrawn senior unsecured revolving-credit capacity.,Cash increased $1,511 million to $4,907 million from $3,396 million at December 31, 2025.,The debt-to-total-capitalization ratio improved to 20% at June 30, 2026 from 21% at December 31, 2025.,First-half operating cash flow increased $3,314 million to $7,635 million, while financing cash use included $1,717 million of repurchases and $1,084 million of dividends.
• Capital Expenditure PlanImportance 64 · Surprise 42
  EOG estimates full-year 2026 capital expenditures of approximately $6.3 billion to $6.7 billion, including drilling, facilities, leasehold acquisitions, capitalized interest, dry-hole costs, and other property, plant…
• Capital Return ProgramImportance 58 · Surprise 42
  EOG committed beginning in fiscal year 2024 to return at least 70% of annual net cash provided by operating activities before certain balance-sheet changes, less total capital expenditures, through regular dividends,…
• Income Tax Rate ChangesImportance 56 · Surprise 46
  Second-quarter 2026 income-tax expense increased to $775 million from $406 million because of higher pretax income.,The second-quarter net effective tax rate declined to 22% from 23% in the prior-year quarter.,First-half 2026 income-tax expense increased to $1,350 million from $820 million as pretax income increased.,The first-half net effective tax rate also declined to 22% from 23%, reducing the tax rate applied to higher earnings.
• Upstream Production VolumeImportance 53 · Surprise 48
  EOG’s total crude oil equivalent production increased 25% year over year to 1,410.4 MBoed in the second quarter of 2026 and increased 26% to 1,397.2 MBoed for the first six months. In the first half, U.S. crude oil and…
• International Exploration ExpansionImportance 47 · Surprise 60
  EOG has exploration programs in Bahrain and the United Arab Emirates under initiatives described in its 2025 Annual Report. In June 2026, EOG commenced crude oil production in the UAE and expects to advance both the…
• Geographic Market CommentaryImportance 26 · Surprise 24
  The United States remains EOG’s core operating market, with major producing areas in New Mexico, Texas and Ohio and drilling concentrated in the Delaware Basin, Utica and Eagle Ford. Trinidad continues to supply…
• Supply Chain ConstraintsImportance 25 · Surprise 6
  EOG’s self-sourced sand program provides supply certainty and improves operational efficiency in well completion operations. The company also enters into agreements with service providers when advantageous to secure…
• Products and TechnologyImportance 23 · Surprise 24
  EOG continues applying horizontal drilling and completion expertise across unconventional crude oil and natural gas plays. Its downhole drilling motor program has increased footage drilled per day and reduced drilling…
• Trade Policy and TariffsImportance 23 · Surprise 24
  EOG identifies tariffs, trade policies and agreements, and trade barriers or other restrictions imposed by the U.S. or other governments as factors that could affect commodity and financial markets. The company also…
• Oil and Gas Price SensitivityImportance 18 · Surprise 24
  EOG expects continued commodity-price volatility from the Middle East conflict, maritime-route disruptions, global supply and demand, tariffs, trade policies, and government-imposed trade barriers. Compared with its…

8-K · 2026-08-04

• Margin DriversImportance 69 · Surprise 64
  Second-quarter 2026 operating income increased to $3.528 billion from $1.747 billion in the second quarter of 2025 and $2.598 billion in the first quarter of 2026. Operating income margin expanded to 40.9% from 31.9%…
• Liquidity and Debt PositionImportance 69 · Surprise 64
  Cash and cash equivalents increased to $4.907 billion at June 30, 2026 from $3.849 billion at March 31, 2026 but remained below $5.216 billion at June 30, 2025. Total current and long-term debt was $7.926 billion at…
• Operating Cash Flow TrendsImportance 69 · Surprise 64
  Net cash provided by operating activities increased to $4.669 billion in the second quarter of 2026 from $2.032 billion in the second quarter of 2025. Adjusted cash flow from operations increased to $4.386 billion from…
• Capital Return ProgramImportance 68 · Surprise 46
  EOG paid $540 million of dividends in the second quarter of 2026 and declared a dividend of $1.0200 per common share. Dividends paid during the first six months of 2026 totaled $1.084 billion, compared with $1.066…
• Impairment ChargesImportance 67 · Surprise 82
  EOG reported $657 million of FY2025 impairments excluded from its non-GAAP measure, primarily from write-downs of natural gas and crude oil assets in the Barnett Shale and Woodford Oil Window. The write-downs were…
• Revenue Performance and MixImportance 62 · Surprise 46
  Second-quarter 2026 operating revenues increased to $8.620 billion from $5.478 billion in the second quarter of 2025 and $6.921 billion in the first quarter of 2026. Crude oil and condensate revenue rose to $4.901…
• Operating Expense TrendsImportance 57 · Surprise 38
  Second-quarter 2026 total operating expenses increased 36% year over year to $5.092 billion, compared with $3.731 billion in the second quarter of 2025. Marketing costs increased 60% to $1.950 billion, gathering,…
• Income Tax Rate ChangesImportance 56 · Surprise 46
  Second-quarter 2026 income tax provision increased to $775 million from $406 million in the second quarter of 2025. The effective income tax rate was approximately 22.2% in the second quarter of 2026, compared with…
• Income Tax ExpenseImportance 52 · Surprise 30
  EOG reported current tax expense of $1.039 billion for the latest presented period, compared with $1.348 billion in the prior presented period. Current tax expense was $1.415 billion in the next presented period and…
• Upstream Production VolumeImportance 47 · Surprise 48
  Second-quarter 2026 crude oil equivalent production increased to 1,410.4 thousand barrels of oil equivalent per day from 1,134.1 thousand barrels per day in the second quarter of 2025. United States production rose 24%…
• Geographic Market CommentaryImportance 47 · Surprise 30
  The United States remained EOG’s principal production market, supplying 1,357.1 MBoed of crude oil equivalent production in the second quarter of 2026, versus 1,090.9 MBoed a year earlier. Trinidad production increased…
• Capital Expenditures ProgramImportance 42 · Surprise 14
  Second-quarter 2026 total capital expenditures on a non-GAAP basis were $1.587 billion, compared with $1.523 billion in the second quarter of 2025 and $1.636 billion in the first quarter of 2026. Additions to oil and…

News · 2026-08-04

• Guidance / OutlookImportance 73 · Surprise 76
  EOG expects 5% oil production growth and 14% total production growth in 2026, including contributions from the United Arab Emirates. The company provided third-quarter and full-year 2026 production guidance covering…
• Revenue Performance and MixImportance 69 · Surprise 64
  EOG Resources reported second-quarter 2026 revenue of $8.62 billion, up 57.4% year over year and above the $8.04 billion FactSet estimate. The increase was driven by higher crude oil prices and a 24.4% production gain.…
• Net Income and ProfitabilityImportance 69 · Surprise 64
  Second-quarter 2026 GAAP net income doubled to $2.72 billion from $1.35 billion in the prior-year quarter. Adjusted net income was $2.68 billion, while adjusted EPS reached $5.07 and exceeded the $4.97 FactSet…
• Upstream Production VolumeImportance 67 · Surprise 66
  EOG reported second-quarter production volumes above the midpoint of its guidance range, with total production up 24.4% year over year. The company expects 5% oil production growth and 14% total production growth for…
• Cash Flow and Shareholder ReturnsImportance 58 · Surprise 42
  EOG generated $4.7 billion of operating cash flow and $2.8 billion of free cash flow in the second quarter of 2026. The company returned $1.8 billion to shareholders through regular dividends and share repurchases. EOG…
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  EOG leased 60,000 net acres in Lavaca County to expand its Austin Chalk position. Management described the acreage as a high-quality “sweet spot” that could pay for itself in less than one year. The position adds…
• Oil and Gas Price SensitivityImportance 19 · Surprise 6
  EOG benefited from crude oil prices averaging $98.15 per barrel for its oil production in the second quarter. Third-party reporting attributed the elevated price environment partly to the war in Iran and related…