EOG · News · 20260804N

Net Income and Profitability

EOG RESOURCES INC · 2026-08-04 · Importance 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 estimate. Higher crude prices, increased production volumes and lower operating costs supported the earnings improvement. EOG reported a 25.44% net margin in coverage of the quarterly results.

Key facts

• EOG Resources reported Q2 adjusted EPS of $5.07 per share, beating the Zacks Consensus Estimate of $5.01, and revenues of $8.62 billion, exceeding estimates by 9.56%. source
• EOG reported GAAP net income of $2.72 billion and adjusted net income of $2.68 billion for Q2. source
• EOG Resources reported quarterly EPS of $3.41 and revenue of $6.92 billion (reported in the Arkadios Wealth Advisors item). source
• EOG Resources' Q2 adjusted EPS was $5.07 per share, versus the FactSet estimate of $4.97. source