EOG Resources, Inc. (EOG) Financial Statements (2024 and earlier)

Company Profile

Business Address 1111 BAGBY, SKY LOBBY 2
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,9725,2093,3292,0281,556834
Cash and cash equivalents5,9725,2093,3292,0281,556834
Receivables2,8712,3351,5222,0021,9151,711
Inventory, net of allowances, customer advances and progress billings1,058584629767859484
Inventory1,058584629767859484
Derivative instruments and hedges, assets   651248
Other current assets574456294323275242
Other undisclosed current assets   23152428 
Total current assets:10,4758,5845,8625,2735,0573,279
Noncurrent Assets
Property, plant and equipment29,42928,42628,59930,36528,07625,665
Deferred income tax assets3311  
Other noncurrent assets1,4341,2151,3421,484801871
Deferred tax assets, net118
Other undisclosed noncurrent assets   22  
Total noncurrent assets:30,89629,65229,94231,85128,87726,554
TOTAL ASSETS:41,37138,23635,80537,12533,93429,833
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,9372,7601,8872,6842,4551,996
Taxes payable518206255215149
Accounts payable2,5322,2421,6812,4292,2401,847
Accrued liabilities405     
Debt1,316377811,384913356
Derivative instruments and hedges, liabilities169269 20 50
Asset retirement obligation384350372619
Other liabilities346300280233234226
Other undisclosed current liabilities70763346312910177
Total current liabilities:5,5134,0423,4604,4873,7282,726
Noncurrent Liabilities
Long-term debt and lease obligation3,7955,0725,0354,1615,1706,031
Long-term debt, excluding current maturities3,7955,0725,0354,1615,1706,031
Liabilities, other than long-term debt7,2846,9423,3152,8635,6724,793
Asset retirement obligations   1,1671,074  
Deferred tax liabilities, net4,4133,518
Deferred income tax liabilities4,7104,749  
Other liabilities2,5742,1932,1481,7901,2581,275
Other undisclosed noncurrent liabilities   3,6923,973  
Total noncurrent liabilities:11,07912,01412,04310,99710,84210,824
Total liabilities:16,59216,05615,50315,48414,57013,550
Equity
Equity, attributable to parent24,77922,18020,30221,64119,36416,283
Common stock206206206206206206
Treasury stock, value(78)(20)(7)(27)(42)(33)
Additional paid in capital6,1876,0875,9455,8175,6595,537
Accumulated other comprehensive loss(8)(12)(12)(5)(1)(19)
Retained earnings18,47215,91914,17015,64913,54310,594
Total equity:24,77922,18020,30221,64119,36416,283
TOTAL LIABILITIES AND EQUITY:41,37138,23635,80537,12533,93429,833

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues25,70218,64211,03217,38017,27511,208
Revenue, net10,476
Cost of revenue(14,625)(11,499)(8,732)(12,601)(12,021)(9,089)
Gross profit:11,0777,1432,3004,7795,2542,119
Operating expenses(1,111)(1,041)(2,844)(1,080)(785)(1,193)
Operating income (loss):9,9666,102(544)3,6994,469926
Nonoperating income199121226128
Investment income, nonoperating8531226128
Other nonoperating income1149    
Interest and debt expense(179)(178)(205)(185)(245)(274)
Income (loss) from continuing operations before equity method investments, income taxes:9,9865,936(738)3,5404,236660
Other undisclosed income (loss) from continuing operations before income taxes(85)(3)(2)551
Income (loss) from continuing operations before income taxes:9,9015,933(739)3,5454,241661
Income tax expense (benefit)(2,142)(1,269)134(810)(822)1,921
Income (loss) from continuing operations:7,7594,664(605)2,7353,4192,583
Income (loss) before gain (loss) on sale of properties:4,664(605)2,7353,4192,583
Net income (loss) available to common stockholders, diluted:7,7594,664(605)2,7353,4192,583

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):7,7594,664(605)2,7353,4192,583
Other comprehensive income (loss)4 (8)(4)18(0)
Comprehensive income (loss), net of tax, attributable to parent:7,7634,664(612)2,7313,4372,582

Statements Sources

The financial statements are based on the Company's filings with 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.

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