Eog Resources (EOG) Research & Development (2009 - 2026)
Eog Resources' (EOG) quarterly Research & Development came in at $47.0 million in Q2 2026, down 36.49% year-over-year from $74.0 million in Q2 2025, and up 4.44% quarter-over-quarter from $45.0 million in Q1 2026.
Analysis
Eog Resources (EOG) Research & Development (2009 - 2026) Analysis & Trends
Eog Resources has disclosed Research & Development across 18 years of filings, most recently posting $47.0 million for Q2 2026.
- In Q2 2026, Research & Development fell 36.49% year-over-year to $47.0 million; the TTM figure through Jun 2026 stood at $213.0 million (up 1.43% YoY), while the FY2025 annual figure was $236.0 million, up 35.63% from the prior year.
- Research & Development came in at $47.0 million for Q2 2026 at Eog Resources, up from $45.0 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.
- Average Research & Development over 5 years is $46.8 million, with a median of $45.0 million recorded in 2022.
- Year-over-year, Research & Development jumped 117.65% in 2025 and slumped 36.49% in 2026.
- Over 5 years, Research & Development stood at $44.0 million in 2022, then slipped by 6.82% to $41.0 million in 2023, then increased by 26.83% to $52.0 million in 2024, then fell by 3.85% to $50.0 million in 2025, then fell by 6.0% to $47.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $47.0 million in Q2 2026, $45.0 million in Q1 2026, and $50.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 16.00 Mn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 16.00 Mn |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 9.77 Mn |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | - |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 58.00 Mn |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.00 Mn |
| 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 |