Eog Resources (EOG) Research & Development (2009 - 2026)

Eog Resources (EOG) reported Research & Development of $45.0 million for Q1 2026, up 9.76% on a YoY basis from $41.0 million in Q1 2025, and down 10.0% sequentially from $50.0 million in Q4 2025.

Eog Resources (EOG) Research & Development (2009 - 2026) Analysis & Trends

Eog Resources (EOG) has 18 years of Research & Development data on file, last reported at $45.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 9.76% year-over-year to $45.0 million; the trailing twelve-month figure through Mar 2026 stood at $240.0 million (up 41.18% YoY), and the FY2025 full-year result was $236.0 million, up 35.63% from the prior year.
  • Research & Development retreated to $45.0 million in Q1 2026, from $50.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $74.0 million in Q2 2025 to a low of $34.0 million in Q2 2024.
  • A 5-year average of $46.8 million and a median of $45.0 million in 2022 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development retreated 27.66% in 2024 and soared 117.65% in 2025, its largest moves.
  • Tracing EOG's Research & Development over 5 years: stood at $44.0 million in 2022, then decreased by 6.82% to $41.0 million in 2023, then grew by 26.83% to $52.0 million in 2024, then declined by 3.85% to $50.0 million in 2025, then decreased by 10.0% to $45.0 million in 2026.
  • Business Quant data shows EOG's Research & Development at $45.0 million in Q1 2026, $50.0 million in Q4 2025, and $71.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 109.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 45.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 110.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 25.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 14.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 45.00 Mn
Dec 31, 2025 50.00 Mn
Sep 30, 2025 71.00 Mn
Jun 30, 2025 74.00 Mn
Mar 31, 2025 41.00 Mn
Dec 31, 2024 52.00 Mn
Sep 30, 2024 43.00 Mn
Jun 30, 2024 34.00 Mn
Mar 31, 2024 45.00 Mn
Dec 31, 2023 41.00 Mn
Sep 30, 2023 43.00 Mn
Jun 30, 2023 47.00 Mn
Mar 31, 2023 50.00 Mn
Dec 31, 2022 44.00 Mn
Sep 30, 2022 35.00 Mn
Jun 30, 2022 35.00 Mn
Mar 31, 2022 45.00 Mn
Dec 31, 2021 42.00 Mn
Sep 30, 2021 44.00 Mn
Jun 30, 2021 35.00 Mn