For Q1 FY2026 (ended March 31, 2026), EOG Resources reported revenue of $6.921 billion, up 22.1% year-over-year. Net income rose 35.3% to $1.98 billion, with diluted EPS of $3.70 (up 39.6%). Operating income increased 39.8% to $2.598 billion. The company held $3.849 billion in cash, $30.908 billion in equity, and $7.904 billion in long-term debt.
•Revenue increased 22.1% YoY to $6.921 billion.
•Net income grew 35.3% to $1.98 billion; diluted EPS rose 39.6% to $3.70.
•Operating income rose 39.8% to $2.598 billion.
•Cash and equity stood at $3.849 billion and $30.908 billion, respectively, with long-term debt of $7.904 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
EOG Resources explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins globally. It also offers crude oil and condensate, and gathering, processing and marketing. The company was formerly known as Enron Oil & Gas Company. Incorporated in 1985, EOG Resources is headquartered in Houston, Texas.
EOG Resources, Inc. is an energy company that explores for, develops, produces, and markets crude oil, natural gas liquids (NGLs), and natural gas. The company operates in producing basins globally. In addition to its core exploration and production activities, EOG also offers crude oil and condensate, as well as gathering, processing, and marketing services. This integrated approach allows the company to manage its resources from extraction to sale. EOG was originally known as Enron Oil & Gas Company before being renamed. Its primary focus is on upstream oil and gas operations, with a portfolio that includes both conventional and unconventional assets.
Where is EOG Resources (EOG) listed and in which currency?
EOG Resources, Inc. is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol EOG. The company's financial reporting and stock trading are conducted in US Dollars (USD). As a US-based corporation, EOG adheres to the regulatory standards of the NYSE and the Securities and Exchange Commission (SEC). Investors can buy and sell EOG shares during regular trading hours on the NYSE, and the stock price is quoted in USD. The company's market data, including historical prices and dividends, is available through major financial platforms.
What sector and industry does EOG Resources (EOG) belong to?
EOG Resources operates in the Energy sector, specifically within the Oil & Gas Exploration and Production (E&P) industry. This means the company is primarily engaged in finding and extracting crude oil and natural gas from underground reservoirs. As an E&P company, EOG's core activities include drilling wells, completing wells, and producing hydrocarbons. The Energy sector encompasses a wide range of companies involved in oil, gas, and renewable energy, but EOG focuses on traditional fossil fuel extraction. The Oil & Gas E&P industry is capital-intensive and subject to commodity price fluctuations, which directly impact EOG's revenue and profitability.
Where is EOG Resources (EOG) headquartered and what is its history?
EOG Resources is headquartered in Houston, Texas, United States. The company was incorporated in 1985 and was originally known as Enron Oil & Gas Company. It later changed its name to EOG Resources. Houston is a major hub for the energy industry, providing access to skilled labor, infrastructure, and capital markets. EOG's operations span multiple producing basins globally, though its primary focus is on US onshore assets. The company's long history in the oil and gas sector has allowed it to build expertise in exploration and production techniques, including horizontal drilling and hydraulic fracturing.
How does EOG Resources (EOG) make money?
EOG Resources generates revenue primarily through the sale of crude oil, natural gas liquids (NGLs), and natural gas. The company explores for and produces these hydrocarbons from its portfolio of assets in various producing basins. After extraction, EOG markets its production to customers, which may include refineries, pipelines, and other end-users. Additionally, EOG offers crude oil and condensate, as well as gathering, processing, and marketing services, which provide supplementary income. The company's financial performance is closely tied to global commodity prices, production volumes, and operational efficiency. By focusing on low-cost production and high-return projects, EOG aims to maximize profitability across the commodity price cycle.