EOG · 8-K · 20261105PR000226

Operating Expense Trends

EOG RESOURCES INC · 2026-11-05 · Importance 62 · Surprise 46

Third-quarter 2026 total operating expenses were $4.963 billion, up 24% from $4.011 billion in the third quarter of 2025 and down 2.5% sequentially. Marketing costs increased 57% year over year to $1.781 billion, while gathering, processing and transportation costs rose 18% to $693 million. General and administrative expense decreased 18% year over year to $196 million, and exploration costs, dry-hole costs and impairments totaled $107 million, down from $142 million a year earlier. Depreciation, depletion and amortization increased 11% year over year to $1.292 billion.

Key facts

• EOG's total operating expenses were $4,963 million in 3Q 2026. source
• EOG's depreciation, depletion and amortization was $1,292 million in 3Q 2026. source
• EOG's lease and well expense was $493 million in 3Q 2026. source
• EOG's gathering, processing and transportation costs were $693 million in 3Q 2026. source
• EOG's general and administrative expense was $196 million in 3Q 2026. source
• EOG's taxes other than income were $401 million in 3Q 2026. source
• EOG's exploration costs were $54 million, dry hole costs were $29 million, and impairments were $24 million in 3Q 2026. source
• EOG's total exploration costs (GAAP), including exploration costs, dry hole costs and impairments, were $107 million in 3Q 2026. source