EOG Historical Income Statement
EOG Stock | USD 122.05 1.10 0.89% |
Historical analysis of EOG Resources income statement accounts such as Total Revenue of 24.4 B or Gross Profit of 15.2 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.
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.
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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
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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.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 closely tied 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 | 14.5B | 15.2B | Total Revenue | 19.7B | 29.5B | 23.3B | 24.4B |
EOG Resources income statement Correlations
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EOG Resources Account Relationship Matchups
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EOG Resources income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 4.0B | 3.9B | 4.0B | 3.8B | 3.6B | 1.8B | |
Interest Expense | 185.1M | 205.3M | 178M | 179M | 148M | 95.1M | |
Total Revenue | 16.9B | 9.9B | 19.7B | 29.5B | 23.3B | 24.4B | |
Gross Profit | 11.3B | 5.0B | 14.3B | 24.0B | 14.5B | 15.2B | |
Other Operating Expenses | 13.0B | 9.4B | 12.1B | 15.2B | 13.7B | 14.4B | |
Operating Income | 3.7B | 468.1M | 6.1B | 14.4B | 9.6B | 10.1B | |
Ebit | 3.7B | (17.1M) | 6.1B | 10.1B | 9.8B | 10.3B | |
Ebitda | 7.7B | 3.9B | 10.1B | 13.9B | 13.5B | 14.1B | |
Cost Of Revenue | 5.6B | 4.9B | 5.3B | 5.5B | 8.8B | 9.2B | |
Total Operating Expenses | 7.4B | 4.5B | 6.7B | 9.7B | 4.9B | 2.9B | |
Income Before Tax | 3.5B | (739.1M) | 5.9B | 9.9B | 9.7B | 10.2B | |
Total Other Income Expense Net | (153.7M) | (195.1M) | (169M) | (65M) | 86M | 90.3M | |
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 |
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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: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 closely tied 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.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Oil & Gas Exploration & Production space 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 (0.15) | Dividend Share 3.64 | Earnings Share 12.39 | Revenue Per Share 41.72 | Quarterly Revenue Growth (0.04) |
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.