EOG Resources delivered strong financial and operational results, highlighted by significant free cash flow, strategic acquisitions, and technological advancements. However, the company faces challenges from an uncertain oil market and volatile gas prices, as well as increased debt from recent acquisitions.

Company Guidance -

Q3 2025

During the EOG Resources Second Quarter 2025 Earnings Conference Call, the company reported impressive financial and operational metrics. EOG exceeded its production guidance for oil, natural gas, and NGL volumes while keeping capital expenditures, cash operating costs, and DD&A below guidance midpoints. The company generated nearly $1 billion in free cash flow, enabling it to return over $1.1 billion to shareholders, including $600 million in share repurchases. EOG increased its regular dividend by 5% and committed to returning at least $3.5 billion in cash to shareholders in 2025. Following the Encino acquisition, EOG's resource potential exceeds 12 billion barrels of oil equivalent, with the Utica now a foundational asset. The company expects a greater than 55% average direct after-tax rate of return at bottom cycle prices, with over 200% at mid-cycle prices. EOG also highlighted the strategic importance of its international presence, including a new concession in the UAE. With a focus on operational excellence, sustainability, and culture, EOG is well-positioned to capitalize on future growth opportunities while maintaining strong cash returns.

Strong Financial Performance

EOG delivered nearly $1 billion of free cash flow in the second quarter, with adjusted earnings per share of $2.32 and adjusted cash flow per share of $4.57. The company returned more than $1.1 billion to shareholders through dividends and share repurchases.

Encino Acquisition

EOG closed the accretive Encino acquisition, adding a core acreage position of 1.1 million net acres in the Utica, with associated resource potential of over 2 billion barrels of oil equivalent.

Dividend Growth

The regular dividend was increased by 5%, continuing a decade-long track record of a 19% compound annual growth rate in dividends.

International Expansion

EOG was awarded an onshore concession in the UAE, positioning the company for long-term growth in the Gulf States.

Operational Excellence

EOG exceeded production and cost expectations, with oil, gas, and NGL volumes above forecast and cash costs below the midpoint of guidance.

Technological Advancements

EOG introduced new high-frequency sensor technology and enhanced AI capabilities, which improve well performance and cost efficiency.

EOG Resources (EOG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

EOG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	2.34 / -	2.89	―	―	―
Aug 07, 2025	2025 (Q2)	2.23 / 2.32	3.16	-26.58% (-0.84)
May 01, 2025	2025 (Q1)	2.80 / 2.87	2.82	1.77% (+0.05)
Feb 27, 2025	2024 (Q4)	2.58 / 2.74	3.07	-10.75% (-0.33)
Nov 07, 2024	2024 (Q3)	2.78 / 2.89	3.44	-15.99% (-0.55)
Aug 01, 2024	2024 (Q2)	2.96 / 3.16	2.49	26.91% (+0.67)
May 02, 2024	2024 (Q1)	2.72 / 2.82	2.69	4.83% (+0.13)
Feb 22, 2024	2023 (Q4)	3.08 / 3.07	3.3	-6.97% (-0.23)
Nov 02, 2023	2023 (Q3)	2.97 / 3.44	3.71	-7.28% (-0.27)
Aug 03, 2023	2023 (Q2)	2.33 / 2.49	2.74	-9.12% (-0.25)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EOG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$115.97	$116.28	+0.27%
May 01, 2025	$110.76	$109.95	-0.73%
Feb 27, 2025	$128.36	$124.76	-2.80%
Nov 07, 2024	$123.41	$130.88	+6.05%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does EOG Resources (EOG) report earnings?

EOG Resources (EOG) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is EOG Resources (EOG) earnings time?

EOG Resources (EOG) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EOG EPS forecast?

EOG EPS forecast for the fiscal quarter 2025 (Q3) is 2.34.

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