EOG Resources, Inc. (EOG) Financials
Key financial figures for EOG Resources, Inc. (Q2 2026).
EOG Resources reported record Q2 2026 net income of $2.72 billion ($5.15/share) on revenue of $8.62 billion, up 57% year over year, driven by higher oil prices and production from the Utica and Delaware Basin. Net income of $2.72 billion ($5.15/share GAAP); adjusted net income of $2.68 billion ($5.07/share), ahead of the $4.99 consensus estimate. Revenue of $8.62 billion beat the roughly $8.0 billion consensus and rose 57% year over year on higher oil prices and volumes. Operating cash flow reached $4.67 billion; free cash flow was $2.8 billion, both described by the company as record levels. Total crude oil equivalent volumes averaged 1,410.4 MBoed, including 548.8 MBod of oil, with capital spending of $1.587 billion coming in under the quarterly midpoint on cost discipline. On the outlook: Full-year 2026 guidance held unchanged: 5% oil production growth, 14% total production growth, and $6.3-6.7 billion capital spending ($6.5B midpoint); management cited $8.0 billion projected full-year free cash flow at strip pricing and guidance midpoints, down from the $8.5 billion figure given after Q1 2026. Figures are for Q2 2026, as EOG Resources, Inc. reported them.
- Revenue
- $8.6B
- Net Income
- $2.7B
- EPS
- $5.18
- Total Assets
- $54.8B
- Operating Cash Flow
- $4.7B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $8.6B | $2.7B | $5.15 | 40.93% | $2.9B |
| Q1 FY2026 | $6.8B | $2.0B | $3.70 | 38.44% | $1.3B |
| Q4 FY2025 | $5.6B | $701M | $1.30 | 44.15% | $1.1B |
| Q3 FY2025 | $5.7B | $1.5B | $2.70 | 32.03% | $1.4B |
| Q2 FY2025 | $5.4B | $1.3B | $2.46 | 32.62% | $239M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $22.6B | $5.0B | $9.11 | 35.14% | $3.9B |
| FY2024 | $23.4B | $6.4B | $11.25 | 34.57% | $5.8B |
| FY2023 | $23.2B | $7.6B | $13.00 | 41.42% | $5.2B |
Frequently asked questions
What was EOG Resources, Inc.'s revenue last quarter?
EOG Resources, Inc. reported revenue of $8.62 billion for Q2 FY2026, up 61.0% from the same period a year earlier.
Is EOG Resources, Inc. profitable?
Yes. EOG Resources, Inc. reported net income of $2.72 billion for Q2 FY2026, a net margin of 31.6% on revenue.
How has EOG Resources, Inc.'s margin trended?
Operating margin was 40.93% in Q2 FY2026, compared with 32.62% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did EOG Resources, Inc. generate?
EOG Resources, Inc. generated free cash flow of $2.89 billion in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for EOG Resources, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.