EOG · 8-K · 20260804PR000147
Revenue Performance and Mix
EOG RESOURCES INC · 2026-08-04 · Importance 62 · Surprise 46 · In source text
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 billion from $2.974 billion year over year, while natural gas liquids revenue increased to $770 million from $534 million. Natural gas revenue increased 35% year over year to $812 million but declined 20% sequentially from $1.021 billion. Gathering, processing and marketing revenue increased 61% year over year to $2.011 billion and represented approximately 23% of total operating revenue.
Key facts
- 2Q 2026 Total Operating Revenues and Other: $8,620 million source
- 2Q 2026 Revenues from Crude Oil and Condensate: $4,901 million source
- 2Q 2026 Revenues from Natural Gas Liquids: $770 million source
- 2Q 2026 Revenues from Natural Gas: $812 million source
- TOTI (% of revenues from sales of crude oil and condensate, NGLs and natural gas) (GAAP): 7.0% 7.1% 7.4% 7.0% 6.8% source
- TOTI (% of revenues from sales of crude oil and condensate, NGLs and natural gas) (Non-GAAP): 7.0% 7.3% 7.4% 7.5% 6.8% source
- The full-year 2022 realized natural gas price for Trinidad includes a one-time pricing adjustment of $0.76/Mcf for prior-period production following a contract amendment with the National Gas Company of Trinidad and Tobago Limited. source
- 2Q 2026 Composite Average Operating Revenues and Other per Boe: $67.19 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | 2Q 2026 Total Operating Revenues and Other: $8,620 million |
| revenue | positive | realized | — | 2Q 2026 Revenues from Crude Oil and Condensate: $4,901 million |