Eog Resources (EOG) Operating Expenses (2009 - 2026)
Eog Resources' (EOG) quarterly Operating Expenses came in at $4.3 billion in Q1 2026, up 13.46% year-on-year from $3.8 billion in Q1 2025, and down 7.92% quarter-over-quarter from $4.7 billion in Q4 2025.
Eog Resources (EOG) Operating Expenses (2009 - 2026) Analysis & Trends
Eog Resources has disclosed Operating Expenses across 18 years of filings, most recently posting $4.3 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at $4.3 billion, up 13.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.8 billion (up 7.62% YoY), and the FY2025 annual result was $16.2 billion, up 4.04% from the prior year.
- Operating Expenses came in at $4.3 billion for Q1 2026 at Eog Resources, down from $4.7 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $4.7 billion in Q4 2025 to a low of $3.4 billion in Q1 2022.
- The 5-year median for Operating Expenses is $3.9 billion (2022), against an average of $3.9 billion.
- Across the five-year window, Operating Expenses soared 51.75% in 2022 and fell 20.0% in 2023, its largest moves.
- Eog Resources' Operating Expenses stood at $3.9 billion in 2022, then retreated by 0.34% to $3.9 billion in 2023, then advanced by 3.63% to $4.0 billion in 2024, then gained by 17.58% to $4.7 billion in 2025, then dropped by 7.92% to $4.3 billion in 2026.
- The last three Operating Expenses figures came in at $4.3 billion (Q1 2026), $4.7 billion (Q4 2025), and $4.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 103.33 Mn |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | 3.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.32 Bn |
| Dec 31, 2025 | 4.70 Bn |
| Sep 30, 2025 | 4.01 Bn |
| Jun 30, 2025 | 3.73 Bn |
| Mar 31, 2025 | 3.81 Bn |
| Dec 31, 2024 | 3.99 Bn |
| Sep 30, 2024 | 3.88 Bn |
| Jun 30, 2024 | 3.90 Bn |
| Mar 31, 2024 | 3.85 Bn |
| Dec 31, 2023 | 3.85 Bn |
| Sep 30, 2023 | 3.66 Bn |
| Jun 30, 2023 | 3.60 Bn |
| Mar 31, 2023 | 3.47 Bn |
| Dec 31, 2022 | 3.87 Bn |
| Sep 30, 2022 | 3.93 Bn |
| Jun 30, 2022 | 4.50 Bn |
| Mar 31, 2022 | 3.44 Bn |
| Dec 31, 2021 | 3.52 Bn |
| Sep 30, 2021 | 3.29 Bn |
| Jun 30, 2021 | 2.97 Bn |