EOG Historical Income Statement

EOG Stock

USD 131.76 0.64 0.48%

Historical analysis of EOG Resources income statement accounts such as Total Revenue of 24.3 B or Gross Profit of 18.5 B can show how well EOG Resources performed in making a profits. Evaluating EOG Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EOG Resources's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining EOG Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EOG Resources is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.

About EOG Income Statement Analysis

EOG Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EOG Resources shareholders. The income statement also shows EOG investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

EOG Resources Income Statement Chart

EOG Resources Income Statement is one of the three primary financial statements used for reporting EOG's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of EOG Resources revenue and expense. EOG Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, EOG Resources' Other Operating Expenses is most likely to increase significantly in the upcoming years. The EOG Resources' current Operating Income is estimated to increase to about 10.1 B, while Interest Expense is projected to decrease to roughly 95.1 M.

Total Revenue Gross Profit Other Operating Expenses Ebitda

Total Revenue

Total revenue comprises all receipts EOG Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EOG Resources minus its cost of goods sold. It is profit before EOG Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EOG Resources. It is also known as EOG Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from EOG Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EOG Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.At this time, EOG Resources' Other Operating Expenses is most likely to increase significantly in the upcoming years. The EOG Resources' current Operating Income is estimated to increase to about 10.1 B, while Interest Expense is projected to decrease to roughly 95.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	14.3B	24.0B	17.6B	18.5B
Total Revenue	19.7B	29.5B	23.2B	24.3B

Gross Profit Total Revenue

EOG Resources income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Research Development	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.63	0.08	-0.04	0.34	-0.19	-0.21	0.06	0.55	0.17	-0.12	0.19	-0.12	-0.08	0.29	0.24	-0.15	0.03	0.19	-0.38	0.0	0.09	-0.09	-0.01	-0.08
Interest Expense	0.63		-0.02	-0.12	0.24	-0.3	-0.25	-0.1	0.42	0.1	-0.34	-0.25	-0.31	-0.37	0.16	0.16	-0.34	0.12	0.3	-0.43	-0.2	0.44	-0.42	-0.38	0.22
Total Revenue	0.08	-0.02		0.99	0.93	0.89	0.94	0.99	0.72	0.97	0.86	0.02	0.87	0.7	0.85	0.9	0.85	-0.14	-0.48	0.73	0.78	-0.6	0.65	0.59	-0.7
Gross Profit	-0.04	-0.12	0.99		0.86	0.93	0.98	0.99	0.6	0.95	0.9	0.03	0.9	0.74	0.78	0.86	0.89	-0.17	-0.53	0.77	0.76	-0.61	0.65	0.58	-0.68
Other Operating Expenses	0.34	0.24	0.93	0.86		0.7	0.76	0.88	0.91	0.96	0.69	0.02	0.71	0.54	0.92	0.9	0.68	-0.06	-0.32	0.58	0.72	-0.48	0.6	0.56	-0.67
Operating Income	-0.19	-0.3	0.89	0.93	0.7		0.95	0.92	0.42	0.81	0.98	0.28	0.96	0.86	0.64	0.75	0.96	-0.48	-0.78	0.73	0.72	-0.56	0.63	0.53	-0.63
Ebit	-0.21	-0.25	0.94	0.98	0.76	0.95		0.96	0.47	0.87	0.91	0.01	0.91	0.76	0.68	0.79	0.9	-0.19	-0.57	0.8	0.72	-0.6	0.64	0.53	-0.62
Ebitda	0.06	-0.1	0.99	0.99	0.88	0.92	0.96		0.65	0.95	0.9	0.09	0.9	0.76	0.81	0.85	0.89	-0.18	-0.53	0.73	0.76	-0.6	0.68	0.6	-0.67
Cost Of Revenue	0.55	0.42	0.72	0.6	0.91	0.42	0.47	0.65		0.76	0.41	-0.01	0.44	0.29	0.85	0.75	0.41	0.04	-0.1	0.32	0.57	-0.32	0.43	0.42	-0.54
Total Operating Expenses	0.17	0.1	0.97	0.95	0.96	0.81	0.87	0.95	0.76		0.8	0.04	0.82	0.64	0.88	0.91	0.8	-0.12	-0.43	0.7	0.75	-0.53	0.65	0.59	-0.69
Income Before Tax	-0.12	-0.34	0.86	0.9	0.69	0.98	0.91	0.9	0.41	0.8		0.43	0.98	0.89	0.64	0.72	0.98	-0.51	-0.81	0.72	0.71	-0.52	0.7	0.58	-0.62
Total Other Income Expense Net	0.19	-0.25	0.02	0.03	0.02	0.28	0.01	0.09	-0.01	0.04	0.43		0.39	0.47	0.05	0.01	0.4	-0.78	-0.69	-0.01	0.12	0.08	0.29	0.22	-0.11
Net Income	-0.12	-0.31	0.87	0.9	0.71	0.96	0.91	0.9	0.44	0.82	0.98	0.39		0.79	0.68	0.73	1.0	-0.47	-0.8	0.76	0.74	-0.49	0.73	0.6	-0.64
Income Tax Expense	-0.08	-0.37	0.7	0.74	0.54	0.86	0.76	0.76	0.29	0.64	0.89	0.47	0.79		0.42	0.56	0.79	-0.53	-0.71	0.49	0.52	-0.52	0.53	0.44	-0.48
Selling General Administrative	0.29	0.16	0.85	0.78	0.92	0.64	0.68	0.81	0.85	0.88	0.64	0.05	0.68	0.42		0.75	0.66	-0.03	-0.3	0.67	0.81	-0.47	0.76	0.61	-0.73
Selling And Marketing Expenses	0.24	0.16	0.9	0.86	0.9	0.75	0.79	0.85	0.75	0.91	0.72	0.01	0.73	0.56	0.75		0.72	-0.17	-0.41	0.56	0.7	-0.44	0.46	0.41	-0.68
Net Income From Continuing Ops	-0.15	-0.34	0.85	0.89	0.68	0.96	0.9	0.89	0.41	0.8	0.98	0.4	1.0	0.79	0.66	0.72		-0.48	-0.81	0.76	0.74	-0.49	0.73	0.59	-0.63
Research Development	0.03	0.12	-0.14	-0.17	-0.06	-0.48	-0.19	-0.18	0.04	-0.12	-0.51	-0.78	-0.47	-0.53	-0.03	-0.17	-0.48		0.87	-0.02	-0.19	0.02	-0.07	-0.07	0.18
Non Recurring	0.19	0.3	-0.48	-0.53	-0.32	-0.78	-0.57	-0.53	-0.1	-0.43	-0.81	-0.69	-0.8	-0.71	-0.3	-0.41	-0.81	0.87		-0.41	-0.5	0.18	-0.42	-0.35	0.37
Non Operating Income Net Other	-0.38	-0.43	0.73	0.77	0.58	0.73	0.8	0.73	0.32	0.7	0.72	-0.01	0.76	0.49	0.67	0.56	0.76	-0.02	-0.41		0.74	-0.53	0.86	0.59	-0.66
Tax Provision	0.0	-0.2	0.78	0.76	0.72	0.72	0.72	0.76	0.57	0.75	0.71	0.12	0.74	0.52	0.81	0.7	0.74	-0.19	-0.5	0.74		-0.59	0.77	0.69	-0.92
Interest Income	0.09	0.44	-0.6	-0.61	-0.48	-0.56	-0.6	-0.6	-0.32	-0.53	-0.52	0.08	-0.49	-0.52	-0.47	-0.44	-0.49	0.02	0.18	-0.53	-0.59		-0.45	-0.75	0.71
Net Interest Income	-0.09	-0.42	0.65	0.65	0.6	0.63	0.64	0.68	0.43	0.65	0.7	0.29	0.73	0.53	0.76	0.46	0.73	-0.07	-0.42	0.86	0.77	-0.45		0.68	-0.67
Reconciled Depreciation	-0.01	-0.38	0.59	0.58	0.56	0.53	0.53	0.6	0.42	0.59	0.58	0.22	0.6	0.44	0.61	0.41	0.59	-0.07	-0.35	0.59	0.69	-0.75	0.68		-0.64
Extraordinary Items	-0.08	0.22	-0.7	-0.68	-0.67	-0.63	-0.62	-0.67	-0.54	-0.69	-0.62	-0.11	-0.64	-0.48	-0.73	-0.68	-0.63	0.18	0.37	-0.66	-0.92	0.71	-0.67	-0.64

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EOG Resources Account Relationship Matchups

EOG Resources income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	4.0B	3.4B	5.2B	910M	3.5B	1.8B
Interest Expense	185.1M	205.3M	178M	179M	148M	95.1M
Total Revenue	16.9B	9.9B	19.7B	29.5B	23.2B	24.3B
Gross Profit	11.3B	5.0B	14.3B	24.0B	17.6B	18.5B
Other Operating Expenses	13.0B	9.4B	12.1B	15.2B	14.3B	15.0B
Operating Income	3.7B	468.1M	6.1B	14.4B	9.6B	10.1B
Ebit	3.7B	468.1M	6.1B	14.4B	9.1B	9.6B
Ebitda	7.7B	3.9B	11.3B	15.3B	12.6B	13.2B
Cost Of Revenue	5.6B	4.9B	5.3B	5.5B	5.6B	5.9B
Total Operating Expenses	7.4B	4.5B	6.7B	9.7B	8.7B	9.1B
Income Before Tax	3.5B	(739.1M)	5.9B	9.9B	9.7B	10.2B
Total Other Income Expense Net	(153.7M)	(1.2B)	(169M)	(4.5B)	705M	740.3M
Net Income	2.7B	(604.6M)	4.7B	7.8B	7.6B	8.0B
Income Tax Expense	810.4M	(134.5M)	1.3B	2.1B	2.1B	2.2B
Selling General Administrative	489.4M	483.8M	511M	570M	640M	672M
Net Income Applicable To Common Shares	2.7B	(604.6M)	4.7B	7.8B	8.9B	9.4B
Selling And Marketing Expenses	5.4B	2.7B	4.2B	6.5B	5.7B	3.8B
Net Income From Continuing Ops	2.7B	(604.6M)	4.7B	7.8B	7.6B	8.0B
Non Recurring	685.8M	2.3B	601M	(586M)	(527.4M)	(501.0M)
Non Operating Income Net Other	31.4M	10.2M	9M	114M	131.1M	137.7M
Tax Provision	810.4M	(134.5M)	1.3B	2.1B	2.1B	2.2B
Interest Income	185.1M	205.3M	178M	179M	240M	180.1M
Net Interest Income	(185.1M)	(205.3M)	(178M)	(179M)	92M	96.6M
Reconciled Depreciation	3.7B	3.4B	3.7B	3.5B	3.5B	3.9B

Pair Trading with EOG Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EOG Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EOG Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with EOG Stock

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0.94	SM	SM Energy Financial Report 25th of April 2024	Pair Corr

Moving against EOG Stock

0.65	EP	Empire Petroleum Corp Downward Rally	Pair Corr
0.61	VIVK	Vivakor Report 23rd of May 2024	Pair Corr

The ability to find closely correlated positions to EOG Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EOG Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EOG Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EOG Resources to buy it.

The correlation of EOG Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EOG Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EOG Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for EOG Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether EOG Resources is a strong investment it is important to analyze EOG Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EOG Resources' future performance. For an informed investment choice regarding EOG Stock, refer to the following important reports:

How To Invest In EOG

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Is EOG Stock a good investment?

Details

What is EOG Resources' Net Worth?

Details

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For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.

You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for EOG Stock analysis

When running EOG Resources' price analysis, check to measure EOG Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EOG Resources is operating at the current time. Most of EOG Resources' value examination focuses on studying past and present price action to predict the probability of EOG Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EOG Resources' price. Additionally, you may evaluate how the addition of EOG Resources to your portfolios can decrease your overall portfolio volatility.

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Is EOG Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EOG Resources. If investors know EOG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EOG Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.12)

Dividend Share

3.385

Earnings Share

Revenue Per Share

40.057

Quarterly Revenue Growth

(0.07)

The market value of EOG Resources is measured differently than its book value, which is the value of EOG that is recorded on the company's balance sheet. Investors also form their own opinion of EOG Resources' value that differs from its market value or its book value, called intrinsic value, which is EOG Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EOG Resources' market value can be influenced by many factors that don't directly affect EOG Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between EOG Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if EOG Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EOG Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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EOG Historical Income Statement

About EOG Income Statement Analysis

EOG Resources Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

EOG Resources income statement Correlations

EOG Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EOG Resources income statement Accounts

Pair Trading with EOG Resources

Moving together with EOG Stock

Moving against EOG Stock

Complementary Tools for EOG Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income From Continuing Ops	+ 1.0	Net Income
Gross Profit	+ 0.99	Total Revenue
Ebitda	+ 0.99	Total Revenue
Ebitda	+ 0.99	Gross Profit
Ebit	+ 0.98	Gross Profit
Income Before Tax	+ 0.98	Operating Income

Extraordinary Items	- 0.92	Tax Provision
Non Recurring	- 0.81	Net Income From Continuing Ops
Non Recurring	- 0.81	Income Before Tax
Non Recurring	- 0.8	Net Income
Research Development	- 0.78	Total Other Income Expense Net
Non Recurring	- 0.78	Operating Income