Eog Resources (EOG) Operating Expenses (2009 - 2026)
Eog Resources' (EOG) quarterly Operating Expenses came in at $5.1 billion in Q2 2026, up 36.48% year-over-year from $3.7 billion in Q2 2025, and up 17.79% quarter-over-quarter from $4.3 billion in Q1 2026.
Analysis
Eog Resources (EOG) Operating Expenses (2009 - 2026) Analysis & Trends
Eog Resources has disclosed Operating Expenses across 18 years of filings, most recently posting $5.1 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 36.48% year-over-year to $5.1 billion; the TTM figure through Jun 2026 stood at $18.1 billion (up 17.59% YoY), while the FY2025 annual figure was $16.2 billion, up 4.04% from the prior year.
- Operating Expenses came in at $5.1 billion for Q2 2026 at Eog Resources, up from $4.3 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $5.1 billion in Q2 2026 to a low of $3.4 billion in Q1 2022.
- Average Operating Expenses over 5 years is $4.0 billion, with a median of $3.9 billion recorded in 2022.
- Year-over-year, Operating Expenses jumped 51.75% in 2022 and retreated 20.0% in 2023.
- Over 5 years, 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 climbed by 8.46% to $5.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.1 billion in Q2 2026, $4.3 billion in Q1 2026, and $4.7 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 114.95 Mn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 2.30 Bn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 929.86 Mn |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 2.02 Bn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 1.12 Bn |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 1.18 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.09 Bn |
| 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 |