Financials EOG Resources, Inc.

Equities

EOG

US26875P1012

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 21:00:03 09/02/2026 GMT			5-day change	1st Jan Change
113.87 ^USD	+0.15%		+1.55%	+8.44%

01-28	Piper Sandler Adjusts EOG Resources Price Target to $123 From $124, Maintains Neutral Rating	MT
01-27	Wells Fargo Adjusts Price Target on EOG Resources to $127 From $126, Maintains Overweight Rating	MT

Projected Income Statement: EOG Resources, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	11,032	18,642	25,702	24,186	23,698	22,355	22,688	24,546
Change	-	68.98%	37.87%	-5.9%	-2.02%	-5.67%	1.49%	8.19%
EBITDA ¹	5,098	10,860	14,615	12,688	13,037	12,008	12,282	13,204
Change	-	113.02%	34.58%	-13.19%	2.75%	-7.89%	2.28%	7.5%
EBIT ¹	-544	6,102	9,966	9,603	8,082	7,065	6,827	7,611
Change	-	1,221.66%	63.32%	-3.64%	-15.84%	-12.59%	-3.36%	11.47%
Interest Paid ¹	-205.3	-178	-179	-148	-138	-240.7	-271.5	-270.2
Earnings before Tax (EBT) ¹	-739.1	5,933	9,901	9,689	8,218	6,970	6,646	7,661
Change	-	902.78%	66.88%	-2.14%	-15.18%	-15.19%	-4.65%	15.27%
Net income ¹	-605	4,664	7,759	7,594	6,403	5,442	5,007	5,847
Change	-	870.91%	66.36%	-2.13%	-15.68%	-15%	-7.99%	16.77%
Announcement Date	25/02/21	24/02/22	23/02/23	22/02/24	27/02/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	2,965	3,694	4,139	4,765	6,044	3,983	7,407	7,593	6,719	6,044	5,573	6,212	6,357	6,123	6,025	5,965	5,585	5,669	5,478	5,847	5,359	5,496	5,535	5,734	5,822	6,086	6,078	6,201
Change	-	24.59%	12.05%	15.12%	26.84%	-34.1%	85.97%	2.51%	-11.51%	-10.05%	-7.79%	11.47%	2.33%	-3.68%	-1.6%	-1%	-6.37%	1.5%	-3.37%	6.74%	-8.34%	2.56%	0.7%	3.6%	1.54%	4.52%	-0.13%	2.04%
EBITDA ¹	1,542	2,259	2,358	2,734	3,509	3,994	3,153	3,949	3,519	2,952	2,847	3,549	3,340	3,264	3,406	3,243	3,124	3,210	2,848	3,135	2,892	3,030	2,977	3,096	3,245	3,355	3,274	3,381
Change	-	46.46%	4.38%	15.95%	28.35%	13.82%	-21.06%	25.25%	-10.89%	-16.11%	-3.56%	24.66%	-5.89%	-2.28%	4.35%	-4.79%	-3.67%	2.75%	-11.28%	10.08%	-7.75%	4.76%	-1.74%	4%	4.81%	3.41%	-2.42%	3.26%
EBIT ¹	487.7	932	1,171	1,471	2,528	546	2,903	3,664	2,853	2,572	1,970	2,557	2,504	2,271	2,130	2,089	1,592	1,859	1,747	1,836	1,501	1,619	1,605	1,735	1,876	1,933	1,775	1,868
Change	-	91.12%	25.64%	25.62%	71.86%	-78.4%	431.68%	26.21%	-22.13%	-9.85%	-23.41%	29.8%	-2.07%	-9.31%	-6.21%	-1.92%	-23.79%	16.77%	-6.02%	5.09%	-18.26%	7.85%	-0.84%	8.11%	8.13%	3.03%	-8.16%	5.24%
Charge d'intérêts ¹	-53.12	-47	-45	-48	-38	-48	-48	-41	-42	-42	-35	-36	-35	-33	-36	-31	-38	-47	-51	-71	-72.07	-70.41	-69.04	-69.03	-69.34	-70.24	-70.04	-69.71
Earnings before Tax (EBT) ¹	427.8	881	1,124	1,429	2,499	497	2,882	3,663	2,859	2,595	1,986	2,573	2,535	2,300	2,160	2,134	1,624	1,877	1,751	1,824	1,504	1,688	1,665	1,736	1,869	2,056	2,023	2,105
Change	-	105.96%	27.58%	27.14%	74.88%	-80.11%	479.88%	27.1%	-21.95%	-9.23%	-23.47%	29.56%	-1.48%	-9.27%	-6.09%	-1.2%	-23.9%	15.58%	-6.71%	4.17%	-17.56%	12.22%	-1.35%	4.27%	7.69%	9.98%	-1.58%	4.05%
Net income ¹	337	677	907	1,095	1,985	390	2,238	2,854	2,277	2,023	1,553	2,030	1,988	1,789	1,690	1,673	1,251	1,463	1,345	1,471	1,163	1,257	1,199	1,279	1,398	1,467	1,419	1,520
Change	-	100.89%	33.97%	20.73%	81.28%	-80.35%	473.85%	27.52%	-20.22%	-11.16%	-23.23%	30.71%	-2.07%	-10.01%	-5.53%	-1.01%	-25.22%	16.95%	-8.07%	9.37%	-20.93%	8.09%	-4.65%	6.7%	9.32%	4.94%	-3.27%	7.07%
Announcement Date	25/02/21	06/05/21	04/08/21	04/11/21	24/02/22	05/05/22	04/08/22	03/11/22	23/02/23	04/05/23	03/08/23	02/11/23	22/02/24	02/05/24	01/08/24	07/11/24	27/02/25	01/05/25	07/08/25	06/11/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: EOG Resources, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	2,487	-100	-894	-1,479	-2,340	4,352	4,170	3,897
Change	-	-104.02%	-794%	-65.44%	-58.22%	285.98%	-4.18%	-6.55%
Announcement Date	25/02/21	24/02/22	23/02/23	22/02/24	27/02/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: EOG Resources, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	3,465	3,850	5,000	6,041	6,226	6,343	6,539	6,761
Change	-	11.12%	29.87%	20.82%	3.06%	1.88%	3.09%	3.4%
Free Cash Flow (FCF) ¹	1,660	5,372	6,037	5,108	5,367	4,535	4,673	5,011
Change	-	223.56%	12.38%	-15.39%	5.07%	-15.51%	3.05%	7.23%
Announcement Date	25/02/21	24/02/22	23/02/23	22/02/24	27/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: EOG Resources, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	46.21%	58.26%	56.86%	52.46%	55.01%	53.72%	54.13%	53.79%
EBIT Margin (%)	-4.93%	32.73%	38.78%	39.7%	34.1%	31.6%	30.09%	31.01%
EBT Margin (%)	-6.7%	31.83%	38.52%	40.06%	34.68%	31.18%	29.29%	31.21%
Net margin (%)	-5.48%	25.02%	30.19%	31.4%	27.02%	24.34%	22.07%	23.82%
FCF margin (%)	15.05%	28.82%	23.49%	21.12%	22.65%	20.28%	20.6%	20.42%
FCF / Net Income (%)	-274.43%	115.18%	77.81%	67.26%	83.82%	83.32%	93.32%	85.7%
Profitability
ROA	-1.66%	12.6%	19.49%	17.82%	14.07%	10.67%	9.57%	9.85%
ROE	-2.88%	21.96%	33%	28.73%	22.29%	18.38%	15.65%	16.95%
Financial Health
Leverage (Debt/EBITDA)	0.49x	-	-	-	-	0.36x	0.34x	0.3x
Debt / Free cash flow	1.5x	-	-	-	-	0.96x	0.89x	0.78x
Capital Intensity
CAPEX / Current Assets (%)	31.41%	20.65%	19.45%	24.98%	26.27%	28.37%	28.82%	27.55%
CAPEX / EBITDA (%)	67.96%	35.45%	34.21%	47.61%	47.76%	52.82%	53.24%	51.21%
CAPEX / FCF (%)	208.68%	71.67%	82.82%	118.27%	116.01%	139.88%	139.93%	134.93%
Items per share
Cash flow per share ¹	8.797	16.17	20.87	19.09	20.37	19.92	20.19	22.82
Change	-	83.79%	29.1%	-8.53%	6.7%	-2.19%	1.33%	13.02%
Dividend per Share ¹	1.5	4.988	8.875	5.885	3.705	4.147	4.384	4.547
Change	-	232.5%	77.94%	-33.69%	-37.04%	11.92%	5.72%	3.72%
Book Value Per Share ¹	34.79	37.9	42.16	48.35	52.99	56.36	60.01	64.06
Change	-	8.93%	11.26%	14.67%	9.6%	6.36%	6.49%	6.75%
EPS ¹	-1.04	7.99	13.22	13	11.25	9.95	9.435	11.35
Change	-	868.27%	65.46%	-1.66%	-13.46%	-11.56%	-5.17%	20.29%
Nbr of stocks (in thousands)	583,378	585,129	587,389	583,150	560,022	542,598	542,598	542,598
Announcement Date	25/02/21	24/02/22	23/02/23	22/02/24	27/02/25	-	-	-