EOG · News · 20260806N
Revenue Performance and Mix
EOG RESOURCES INC · 2026-08-06 · Importance 69 · Surprise 64 · No source text
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 reported Q2 revenue of $8.62 billion, a 57.4% year-over-year increase (per Truist summary referencing the quarter). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +36.5% | EOG reported Q2 revenue of $8.62 billion, a 57.4% year-over-year increase (per Truist summary referencing the quarter). |