EOG Resources (EOG) FY2024 10-K Annual Report

Filed: Feb 27, 2025
Energy
Crude Petroleum & Natural GasSEC EDGAR

EOG Resources (EOG) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

EOG Resources FY2024 10-K Analysis

Business Overview

  • Core business model: Exploration, development, production, and marketing of crude oil, natural gas liquids (NGLs), and natural gas
  • No NEW products or segments introduced; emphasis on stock-based compensation plans with 20 million shares approved under 2021 Equity Compensation Plan
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Management Discussion & Analysis

  • MD&A section contains only exhibits and contract amendments, no revenue or profit data disclosed
  • No segment performance metrics or operating margin figures provided
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Risk Factors

  • Regulatory risk from potential climate change-related regulations impacting oil and gas operations, with ongoing monitoring of U.S. policies
  • Geopolitical exposure in Trinidad with shifts due to relinquished contract areas and farmout agreement with BP Trinidad and Tobago LLC
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EOG Resources FY2024 Key Financial Metrics
XBRL

Revenue

$23.7B

-2.0% YoY

Net Income

$6.4B

-15.7% YoY

Operating Margin

34.1%

-560bp YoY

Net Margin

27.0%

-438bp YoY

ROE

21.8%

-522bp YoY

Total Assets

$47.2B

+7.6% YoY

EPS (Diluted)

$11.25

-13.5% YoY

Operating Cash Flow

$12.1B

+7.1% YoY

Source: XBRL data from EOG Resources FY2024 10-K filing on SEC EDGAR. All figures in USD.

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