EOG · News · 20260804N

Revenue Performance and Mix

EOG RESOURCES INC · 2026-08-04 · Importance 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. The company’s oil production averaged $98.15 per barrel during the quarter. EOG expects 5% oil production growth and 14% total production growth for full-year 2026, including new production from the United Arab Emirates.

Key facts

• EOG Resources' revenue increased by 22.1% year-over-year to $6.92 billion (as reported in the MarketBeat item). source
• EOG Resources reported Q2 revenue of $8.62 billion, exceeding the FactSet estimate of $8.04 billion. source