EOG FY 2019 Earnings Report — EOG Resources, Inc. Revenue & Financial Results | Market Cap Arena

EOG Resources, Inc.EOG

FY 2019 Earnings

Reported February 27, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$16.9B	—	$17.2B	—	-1.4%
Op. Income	$3.7B	—	$4.5B	—	-17.2%
Gross Margin	67.0%	—	70.0%	—	-3.0pp
Net Margin	16.1%	—	19.9%	—	-3.8pp
EPS (Diluted)	$4.71	—	$5.89	—	-20.0%
Free Cash Flow	$1.7B	—	$1.7B	—	2.9%

Revenue Flow

Item	Amount
REVENUE	$16.9B
Cost of Revenue	$5.6B
GROSS PROFIT	$11.3B
R&D Expenses	$0
Selling & Marketing	$5.4B
General & Administrative	$489M
SG&A Expenses	$5.8B
Other Expenses	$1.8B
Operating Expenses	$7.6B
Cost & Expenses	$13.2B
OPERATING INCOME	$3.7B
Interest Income	$0
Interest Expense	$185M
Other Income/Expenses	-$154M
INCOME BEFORE TAX	$3.5B
Income Tax Expense	$810M
Net Income from Continuing Ops	$2.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.7B
D&A	$3.8B
EBIT	$3.7B
EBITDA	$7.5B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$16.9B
Cost of Revenue	$5.6B
GROSS PROFIT	$11.3B
R&D Expenses	$0
Selling & Marketing	$5.4B
General & Administrative	$489M
SG&A Expenses	$5.8B
Other Expenses	$1.8B
Operating Expenses	$7.6B
Cost & Expenses	$13.2B
OPERATING INCOME	$3.7B
Interest Income	$0
Interest Expense	$185M
Other Income/Expenses	-$154M
INCOME BEFORE TAX	$3.5B
Income Tax Expense	$810M
Net Income from Continuing Ops	$2.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.7B
D&A	$3.8B
EBIT	$3.7B
EBITDA	$7.5B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$2.7B
Depreciation & Amortization	$4.0B
Stock-Based Compensation	$175M
Deferred Income Tax	$632M
Other Non-Cash Items	$265M
Change in Working Capital	$393M
OPERATING CASH FLOW	$8.2B
Capital Expenditure	-$6.4B
Acquisitions (Net)	$140M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$105M
NET CASH FROM INVESTING	-$6.2B
Net Debt Issuance	-$913M
Common Stock Repurchased	-$25M
Common Dividends Paid	-$588M
Other Financing Activities	$13M
NET CASH FROM FINANCING	-$1.5B
FREE CASH FLOW	$1.7B
Net Change in Cash	$472M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.0B
Short-Term Investments	$0
Net Receivables	$2.2B
Inventory	$767M
Other Current Assets	$325M
TOTAL CURRENT ASSETS	$5.3B
PP&E (Net)	$30.4B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$2M
Other Non-Current Assets	$1.5B
TOTAL NON-CURRENT ASSETS	$31.9B
TOTAL ASSETS	$37.1B
Account Payables	$2.4B
Short-Term Debt	$1.0B
Deferred Revenue	$0
Other Current Liabilities	$253M
TOTAL CURRENT LIABILITIES	$4.5B
Long-Term Debt	$4.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$5.0B
Other Non-Current Liabilities	$1.8B
TOTAL NON-CURRENT LIABILITIES	$11.0B
TOTAL LIABILITIES	$15.5B
Common Stock	$206M
Additional Paid-In Capital	$5.8B
Retained Earnings	$15.6B
Treasury Stock	-$27M
Accum. Other Comp. Income	-$5M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$21.6B
Minority Interest	$0
TOTAL EQUITY	$21.6B
TOTAL LIABILITIES & EQUITY	$37.1B
Total Debt	$5.5B
Net Debt	$3.5B