EOG Resources reported a strong third quarter with significant operational achievements, successful integration of the Encino acquisition, and robust shareholder returns. Despite some near-term concerns about the oil market, the company's strategic initiatives and international expansion position it well for future growth.

Company Guidance

In the EOG Resources Third Quarter 2025 Earnings Results Conference Call, the company provided guidance underscoring its robust financial performance and strategic initiatives. EOG reported $1.4 billion in free cash flow, $1.5 billion in net income, and returned $1 billion to shareholders through dividends and share repurchases. Over the first three quarters, EOG committed to returning nearly 90% of its estimated free cash flow, including $2.2 billion in regular dividends and $1.8 billion in share repurchases. The company also highlighted key differentiators, including a diverse high-return portfolio, a focus on lowering breakeven costs, and a commitment to sustainable free cash flow. EOG's financial strength was emphasized, with a leverage target of less than 1x total debt-to-EBITDA at bottom cycle prices and nearly $5.5 billion in total liquidity. Looking ahead, EOG forecasts $4.5 billion in free cash flow for the full year 2025, marking a $200 million increase from previous estimates, driven by strong operational and financial performance.

Exceptional Operational Performance

EOG delivered outstanding operational performance, with oil, natural gas, and NGL volumes exceeding the midpoints of guidance, resulting in $1.4 billion of free cash flow and $1.5 billion in net income.

Successful Acquisition of Encino

The acquisition of Encino was completed in early August, strengthening EOG's portfolio and diversifying its production base. The integration is progressing well with $150 million of synergies expected within the first year.

Strong Shareholder Returns

EOG returned $1 billion to shareholders through dividends and share repurchases and has committed to return nearly 90% of its estimated 2025 free cash flow.

International Expansion

EOG is exploring opportunities in the UAE and Bahrain, marking significant progress in international unconventional development.

Improved Capital Efficiency

EOG reduced well costs by over 15% in the Delaware Basin over the last two years, with a 20% increase in average lateral length contributing to capital 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

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EOG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 19, 2026	2025 (Q4)	2.33 / -	2.74	―	―	―
Nov 06, 2025	2025 (Q3)	2.46 / 2.71	2.89	-6.23% (-0.18)
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)

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
Nov 06, 2025	$105.00	$105.41	+0.39%
Aug 07, 2025	$114.87	$115.17	+0.26%
May 01, 2025	$109.71	$108.90	-0.74%
Feb 27, 2025	$127.14	$123.57	-2.81%

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 Feb 19, 2026, After Close (Confirmed).

What is EOG Resources (EOG) earnings time?

EOG Resources (EOG) earnings time is at Feb 19, 2026, 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 (Q4) is 2.33.

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