EOG Resources Earnings Reports

EOG Resources faced a challenging Q2 2025 with declines in revenue, net income, and operating income compared to the previous year. Despite the softness, the company maintained strong free cash flow and returned significant capital to shareholders.

EOG Resources beat volume and cost guidance midpoints, delivered $1.3B in free cash flow, and announced a new offshore oil discovery in Trinidad.

EOG Resources posted Q4 2024 revenue of $5.59 billion, a decline from $6.36 billion in Q4 2023. Net income was $1.25 billion, down from $1.99 billion in the prior year. Adjusted non-GAAP EPS stood at $2.74, while GAAP EPS was $2.23. The company reported crude oil production of 494.6 MBod, and total crude oil equivalent volumes of 1,095.7 MBoed. Free cash flow was $1.28 billion, and the company returned nearly $1.5 billion to shareholders through dividends and share repurchases.