$EOG
EOG RESOURCES INC

2024 Q3 Form 10-Q Financial Statement

#000082118924000031 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $5.965B $6.025B
YoY Change -3.98% 8.11%
Cost Of Revenue $2.345B $2.309B
YoY Change 8.26% 4.72%
Gross Profit $3.627B $3.696B
YoY Change -9.57% 9.45%
Gross Profit Margin 60.8% 61.34%
Selling, General & Admin $450.0M $488.0M
YoY Change -10.36% 7.25%
% of Gross Profit 12.41% 13.2%
Research & Development $35.00M $33.00M
YoY Change 0.0% -21.43%
% of Gross Profit 0.96% 0.89%
Depreciation & Amortization $1.031B $984.0M
YoY Change 14.81% 13.63%
% of Gross Profit 28.43% 26.62%
Operating Expenses $1.516B $1.505B
YoY Change 5.64% 10.42%
Operating Profit $2.089B $2.130B
YoY Change -18.3% 8.12%
Interest Expense -$31.00M -$36.00M
YoY Change -186.11% -202.86%
% of Operating Profit -1.48% -1.69%
Other Income/Expense, Net $76.00M $66.00M
YoY Change 46.15% 29.41%
Pretax Income $2.134B $2.160B
YoY Change -17.06% 8.76%
Income Tax $461.0M $470.0M
% Of Pretax Income 21.6% 21.76%
Net Earnings $1.673B $1.690B
YoY Change -17.59% 8.82%
Net Earnings / Revenue 28.05% 28.05%
Basic Earnings Per Share $2.97 $2.97
Diluted Earnings Per Share $2.95 $2.95
COMMON SHARES
Basic Shares Outstanding 568.6M shares 574.7M shares
Diluted Shares Outstanding 568.0M shares 572.0M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.122B $5.431B
YoY Change 14.95% 14.0%
Cash & Equivalents $6.122B $5.431B
Short-Term Investments
Other Short-Term Assets $458.0M $640.0M
YoY Change -26.84% 22.37%
Inventory $1.038B $1.069B
Prepaid Expenses
Receivables $2.545B $2.657B
Other Receivables $2.000M $2.000M
Total Short-Term Assets $10.17B $9.803B
YoY Change -0.91% 10.07%
LONG-TERM ASSETS
Property, Plant & Equipment $34.13B $33.64B
YoY Change 7.57% 8.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.818B $1.733B
YoY Change 11.33% 5.8%
Total Long-Term Assets $35.99B $35.42B
YoY Change 7.78% 8.72%
TOTAL ASSETS
Total Short-Term Assets $10.17B $9.803B
Total Long-Term Assets $35.99B $35.42B
Total Assets $46.15B $45.22B
YoY Change 5.74% 9.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.290B $2.436B
YoY Change -7.06% 10.48%
Accrued Expenses $1.193B $903.0M
YoY Change 26.65% 169.55%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $34.00M $534.0M
YoY Change 0.0% 1470.59%
Total Short-Term Liabilities $4.406B $4.628B
YoY Change 4.28% 24.04%
LONG-TERM LIABILITIES
Long-Term Debt $3.742B $3.250B
YoY Change -0.8% -14.02%
Other Long-Term Liabilities $2.480B $2.456B
YoY Change -8.08% -4.84%
Total Long-Term Liabilities $6.222B $5.706B
YoY Change -3.83% -10.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.406B $4.628B
Total Long-Term Liabilities $6.222B $5.706B
Total Liabilities $10.63B $10.33B
YoY Change -0.63% 2.4%
SHAREHOLDERS EQUITY
Retained Earnings $26.23B $25.07B
YoY Change 18.98% 22.32%
Common Stock $206.0M $206.0M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $29.57B $29.16B
YoY Change
Total Liabilities & Shareholders Equity $46.15B $45.22B
YoY Change 5.74% 9.01%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $1.673B $1.690B
YoY Change -17.59% 8.82%
Depreciation, Depletion And Amortization $1.031B $984.0M
YoY Change 14.81% 13.63%
Cash From Operating Activities $3.588B $2.889B
YoY Change 32.69% 26.88%
INVESTING ACTIVITIES
Capital Expenditures $1.502B $1.670B
YoY Change -1.05% 9.8%
Acquisitions
YoY Change
Other Investing Activities -$59.00M $137.0M
YoY Change 321.43% -161.99%
Cash From Investing Activities -$1.561B -$1.533B
YoY Change 1.89% -12.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.336B -1.217B
YoY Change 119.02% 54.25%
NET CHANGE
Cash From Operating Activities 3.588B 2.889B
Cash From Investing Activities -1.561B -1.533B
Cash From Financing Activities -1.336B -1.217B
Net Change In Cash 691.0M 139.0M
YoY Change 22.95% -154.72%
FREE CASH FLOW
Cash From Operating Activities $3.588B $2.889B
Capital Expenditures $1.502B $1.670B
Free Cash Flow $2.086B $1.219B
YoY Change 75.89% 61.24%

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