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
DateValue
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