EOG Resources, Inc. (EOG) financial statements (2021 and earlier)
Company profile
| Business Address |
1111 BAGBY, SKY LOBBY 2 HOUSTON, TX 77002 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,329 | 2,028 | 1,556 | 834 | 1,600 | 719 | 2,087 | ||
| Cash and cash equivalents | 3,329 | 2,028 | 1,556 | 834 | 1,600 | 719 | 2,087 | ||
| Receivables | 1,522 | 2,002 | 1,915 | 1,711 | 1,229 | 971 | 1,779 | ||
| Inventory, net of allowances, customer advances and progress billings | 629 | 767 | 859 | 484 | |||||
| Inventory | 629 | 767 | 859 | 484 | |||||
| Derivative instruments and hedges, assets | 65 | 1 | 24 | 8 | 465 | ||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 72 | ||
| Other current assets | 294 | 323 | 275 | 242 | 207 | 156 | 287 | ||
| Other undisclosed current assets | 23 | 152 | 428 | 519 | 747 | 726 | |||
| Total current assets: | 5,862 | 5,273 | 5,057 | 3,279 | 3,555 | 2,592 | 5,416 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 28,599 | 30,365 | 28,076 | 25,665 | 25,707 | 24,211 | 29,173 | ||
| Other noncurrent assets | 1,342 | 1,484 | 801 | 871 | 198 | 172 | 174 | ||
| Deferred tax assets, net | ✕ | ✕ | 1 | 18 | |||||
| Other undisclosed noncurrent assets | 2 | 2 | |||||||
| Total noncurrent assets: | 29,942 | 31,851 | 28,877 | 26,554 | 25,905 | 24,383 | 29,347 | ||
| TOTAL ASSETS: | 35,805 | 37,125 | 33,934 | 29,833 | 29,459 | 26,975 | 34,763 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,887 | 2,684 | 2,455 | 1,996 | 1,630 | 1,566 | 3,001 | ||
| Accounts payable | 1,681 | 2,429 | 2,240 | 1,847 | 1,512 | 1,472 | 2,861 | ||
| Taxes payable | 206 | 255 | 215 | 149 | 118 | 94 | 140 | ||
| Debt | 781 | 1,384 | 913 | 356 | 7 | 7 | 7 | ||
| Derivative instruments and hedges, liabilities | 20 | 50 | 62 | ||||||
| Asset retirement obligation | 50 | 37 | 26 | 19 | 19 | 8 | 12 | ||
| Deferred tax liabilities | ✕ | ✕ | 111 | ||||||
| Other liabilities | 280 | 233 | 234 | 226 | 233 | 156 | 175 | ||
| Other undisclosed current liabilities | 463 | 129 | 101 | 77 | 78 | 84 | 80 | ||
| Total current liabilities: | 3,460 | 4,487 | 3,728 | 2,726 | 2,027 | 1,819 | 3,384 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,035 | 4,161 | 5,170 | 6,031 | 6,980 | 6,654 | 5,903 | ||
| Long-term debt, excluding current maturities | 5,035 | 4,161 | 5,170 | 6,031 | 6,980 | 6,654 | 5,903 | ||
| Liabilities, other than long-term debt | 3,315 | 2,863 | 5,672 | 4,793 | 6,471 | 5,559 | 8,503 | ||
| Asset retirement obligations | 1,167 | 1,074 | 741 | ||||||
| Deferred tax liabilities, net | ✕ | ✕ | 4,413 | 3,518 | 5,189 | 4,588 | 6,823 | ||
| Other liabilities | 2,148 | 1,790 | 1,258 | 1,275 | 1,282 | 971 | 939 | ||
| Other undisclosed noncurrent liabilities | 3,692 | 3,973 | (741) | ||||||
| Total noncurrent liabilities: | 12,043 | 10,997 | 10,842 | 10,824 | 13,451 | 12,213 | 13,666 | ||
| Total liabilities: | 15,503 | 15,484 | 14,570 | 13,550 | 15,478 | 14,032 | 17,050 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 20,302 | 21,641 | 19,364 | 16,283 | 13,982 | 12,943 | 17,713 | ||
| Common stock | 206 | 206 | 206 | 206 | 206 | 206 | 205 | ||
| Treasury stock, value | (7) | (27) | (42) | (33) | (24) | (23) | (70) | ||
| Additional paid in capital | 5,945 | 5,817 | 5,659 | 5,537 | 5,420 | 2,923 | 2,837 | ||
| Accumulated other comprehensive loss | (12) | (5) | (1) | (19) | (19) | (33) | (23) | ||
| Retained earnings | 14,170 | 15,649 | 13,543 | 10,594 | 8,398 | 9,871 | 14,763 | ||
| Total stockholders' equity: | 20,302 | 21,641 | 19,364 | 16,283 | 13,982 | 12,943 | 17,713 | ||
| TOTAL LIABILITIES AND EQUITY: | 35,805 | 37,125 | 33,934 | 29,833 | 29,459 | 26,975 | 34,763 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11,032 | 17,380 | 17,275 | 11,208 | 7,651 | 8,757 | 18,035 | |
| Revenue, net | ✕ | ✕ | ✕ | 10,476 | 5,059 | 5,996 | 11,659 | |
| Cost of revenue | (8,732) | (12,601) | (12,021) | (9,089) | (7,037) | (8,282) | (11,437) | |
| Gross profit: | 2,300 | 4,779 | 5,254 | 2,119 | 614 | 476 | 6,598 | |
| Operating expenses | (2,844) | (1,080) | (785) | (1,193) | (1,839) | (7,162) | (1,356) | |
| Operating income (loss): | (544) | 3,699 | 4,469 | 926 | (1,225) | (6,686) | 5,242 | |
| Nonoperating income (expense) | 12 | 26 | 12 | 8 | (48) | 5 | (43) | |
| Investment income, nonoperating | 12 | 26 | 12 | 8 | 3 | 3 | 2 | |
| Other nonoperating income (expense) | (51) | 2 | (45) | |||||
| Interest and debt expense | (205) | (185) | (245) | (274) | (282) | (237) | (201) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (738) | 3,540 | 4,236 | 660 | (1,555) | (6,918) | 4,998 | |
| Income from equity method investments | 8 | |||||||
| Other undisclosed income (loss) from continuing operations before income taxes | (2) | 5 | 5 | 1 | ||||
| Income (loss) from continuing operations before income taxes: | (739) | 3,545 | 4,241 | 661 | (1,555) | (6,918) | 5,006 | |
| Income tax expense (benefit) | 134 | (810) | (822) | 1,921 | 461 | 2,397 | (2,080) | |
| Net income (loss): | (605) | 2,735 | 3,419 | 2,583 | (1,094) | (4,521) | 2,926 | |
| Other undisclosed net loss attributable to parent | (3) | (3) | (10) | |||||
| Net income (loss) available to common stockholders, diluted: | (605) | 2,735 | 3,419 | 2,583 | (1,097) | (4,525) | 2,915 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (605) | 2,735 | 3,419 | 2,583 | (1,094) | (4,521) | 2,926 | |
| Other comprehensive income (loss) | (8) | (4) | 18 | (0) | 14 | (10) | (439) | |
| Other undisclosed comprehensive loss | (3) | (3) | (10) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (612) | 2,731 | 3,437 | 2,582 | (1,082) | (4,535) | 2,477 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.