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Earnings Summary: EOG Resources (EOG) reports lower Q4 revenue and profit

Energy company EOG Resources, Inc. (NYSE: EOG) has reported a decline in revenues and adjusted profit for the fourth quarter of 2024. Fourth-quarter profit declined to $1.25 billion or $2.23 per share from $1.99 billion or $3.42 per share in the year-ago quarter On an adjusted basis, December quarter net income was $2.74 per share, […]

$EOG March 3, 2025 1 min read
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$EOG · Earnings

Energy company EOG Resources, Inc. (NYSE: EOG) has reported a decline in revenues and adjusted profit for the fourth quarter of 2024. Fourth-quarter profit declined to $1.25 billion or $2.23 per share from $1.99 billion or $3.42 per share in the year-ago quarter On an adjusted basis, December quarter net income was $2.74 per share, […]

· March 3, 2025

Energy company EOG Resources, Inc. (NYSE: EOG) has reported a decline in revenues and adjusted profit for the fourth quarter of 2024.

  • Fourth-quarter profit declined to $1.25 billion or $2.23 per share from $1.99 billion or $3.42 per share in the year-ago quarter
  • On an adjusted basis, December quarter net income was $2.74 per share, lower than the $3.07 per share profit reported a year earlier
  • The company posted total revenues of $5.59 billion for the fourth quarter, compared to $6.36 billion last year
  • EOG generated $1.3 billion of free cash flow in Q4 and declared a regular quarterly dividend of $0.975 per share
  • During the quarter, the company repurchased $981 million of its shares
  • Total 4Q oil production of 494,600 Bopd was above the midpoint of the company’s guidance range
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