EOG Resources, Inc. (EOG) financial statements (2023 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,2093,3292,0281,5568341,600719
Cash and cash equivalents5,2093,3292,0281,5568341,600719
Receivables2,3351,5222,0021,9151,7111,229971
Inventory, net of allowances, customer advances and progress billings584629767859484  
Inventory584629767859484  
Derivative instruments and hedges, assets 651248  
Other current assets456294323275242207156
Other undisclosed current assets 23152428 519747
Total current assets:8,5845,8625,2735,0573,2793,5552,592
Noncurrent Assets
Property, plant and equipment28,42628,59930,36528,07625,66525,70724,211
Deferred income tax assets11  
Other noncurrent assets1,2151,3421,484801871198172
Deferred tax assets, net118  
Other undisclosed noncurrent assets 22    
Total noncurrent assets:29,65229,94231,85128,87726,55425,90524,383
TOTAL ASSETS:38,23635,80537,12533,93429,83329,45926,975
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,7601,8872,6842,4551,9961,6301,566
Accounts payable2,2421,6812,4292,2401,8471,5121,472
Taxes payable51820625521514911894
Debt377811,38491335677
Derivative instruments and hedges, liabilities269 20 5062 
Asset retirement obligation4350372619198
Other liabilities300280233234226233156
Other undisclosed current liabilities633463129101777884
Total current liabilities:4,0423,4604,4873,7282,7262,0271,819
Noncurrent Liabilities
Long-term debt and lease obligation5,0725,0354,1615,1706,0316,9806,654
Long-term debt, excluding current maturities5,0725,0354,1615,1706,0316,9806,654
Liabilities, other than long-term debt6,9423,3152,8635,6724,7936,4715,559
Asset retirement obligations 1,1671,074    
Deferred tax liabilities, net4,4133,5185,1894,588
Deferred income tax liabilities4,749  
Other liabilities2,1932,1481,7901,2581,2751,282971
Other undisclosed noncurrent liabilities 3,6923,973    
Total noncurrent liabilities:12,01412,04310,99710,84210,82413,45112,213
Total liabilities:16,05615,50315,48414,57013,55015,47814,032
Stockholders' equity
Stockholders' equity attributable to parent22,18020,30221,64119,36416,28313,98212,943
Common stock206206206206206206206
Treasury stock, value(20)(7)(27)(42)(33)(24)(23)
Additional paid in capital6,0875,9455,8175,6595,5375,4202,923
Accumulated other comprehensive loss(12)(12)(5)(1)(19)(19)(33)
Retained earnings15,91914,17015,64913,54310,5948,3989,871
Total stockholders' equity:22,18020,30221,64119,36416,28313,98212,943
TOTAL LIABILITIES AND EQUITY:38,23635,80537,12533,93429,83329,45926,975

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues18,64211,03217,38017,27511,2087,6518,757
Revenue, net10,4765,0595,996
Cost of revenue(11,499)(8,732)(12,601)(12,021)(9,089)(7,037)(8,282)
Gross profit:7,1432,3004,7795,2542,119614476
Operating expenses(1,041)(2,844)(1,080)(785)(1,193)(1,839)(7,162)
Operating income (loss):6,102(544)3,6994,469926(1,225)(6,686)
Nonoperating income (expense)121226128(48)5
Investment income, nonoperating3122612833
Other nonoperating income (expense)9    (51)2
Interest and debt expense(178)(205)(185)(245)(274)(282)(237)
Income (loss) from continuing operations before equity method investments, income taxes:5,936(738)3,5404,236660(1,555)(6,918)
Other undisclosed income (loss) from continuing operations before income taxes(3)(2)551  
Income (loss) from continuing operations before income taxes:5,933(739)3,5454,241661(1,555)(6,918)
Income tax expense (benefit)(1,269)134(810)(822)1,9214612,397
Net income (loss):4,664(605)2,7353,4192,583(1,094)(4,521)
Other undisclosed net loss attributable to parent     (3)(3)
Net income (loss) available to common stockholders, diluted:4,664(605)2,7353,4192,583(1,097)(4,525)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):4,664(605)2,7353,4192,583(1,094)(4,521)
Other comprehensive income (loss) (8)(4)18(0)14(10)
Other undisclosed comprehensive loss     (3)(3)
Comprehensive income (loss), net of tax, attributable to parent:4,664(612)2,7313,4372,582(1,082)(4,535)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: