EOG EOG Resources

FY2025 10-K
Filed: Feb 24, 2026
Energy
Crude Petroleum & Natural GasSEC EDGAR

EOG Resources (EOG) filed its fiscal year 2025 10-K annual report with the SEC on Feb 24, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Low-cost, high-return E&P operator focused on internally generated drilling prospects across U.S. basins, Trinidad, Bahrain, and UAE
  • Three new international entries in 2025: Bahrain gas exploration agreement (Feb), UAE unconventional oil concession UCO3 with 100% equity (May), plus Encino Acquisition Partners acquisition expanding Utica position to ~1.1M net acres
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Management Discussion & Analysis

  • Total revenues $22,632M, down 4% YoY ($1,066M) from $23,698M; production revenues $17,668M, up 1% ($90M)
  • Net income $4,980M vs $6,403M in 2024; effective tax rate unchanged at 22%; total cost per Boe $20.72 vs $21.12
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Risk Factors

  • SEC climate disclosure rules (March 2024) stayed by 8th Circuit; California mandates broader; EU methane import limits starting 2030 — compliance cost risk rising
  • Tariffs and trade policy shifts cited as direct inflation risk on drilling/completions operating costs and capex with no offset guarantee
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Financial Summary
XBRL

Revenue

$22.6B

Net Income

$5.0B

Operating Margin

28.2%

Net Margin

22.0%

ROE

16.7%

Total Assets

$51.8B

EPS (Diluted)

$9.12

Operating Cash Flow

$10.0B

Source: XBRL data from EOG Resources FY2025 10-K filing on SEC EDGAR. All figures in USD.

Other EOG Resources Annual Reports

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