EOG Q1 2018 Earnings Report — EOG Resources, Inc. Revenue & Financial Results | Market Cap Arena

EOG Resources, Inc.EOG

Q1 2018 Earnings

Reported May 3, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2018	Q4 2017	Q1 2017	QoQ Change	YoY Change
Revenue	$3.7B	$3.4B	$2.5B	8.5%	46.6%
Op. Income	$875M	$476M	$108M	83.8%	711.7%
Gross Margin	69.1%	64.9%	56.3%	4.3pp	12.8pp
Net Margin	17.1%	70.8%	1.1%	-53.6pp	16.0pp
EPS (Diluted)	$1.10	$4.20	$0.05	-73.8%	2100.0%
Free Cash Flow	$111M	$271M	-$49M	-59.0%	328.7%

Revenue Flow

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$1.1B
General & Administrative	$95M
SG&A Expenses	$1.2B
Other Expenses	$499M
Operating Expenses	$1.7B
Cost & Expenses	$2.8B
OPERATING INCOME	$875M
Interest Income	$0
Interest Expense	$62M
Other Income/Expenses	-$61M
INCOME BEFORE TAX	$813M
Income Tax Expense	$175M
Net Income from Continuing Ops	$639M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$639M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$639M
D&A	$749M
EBIT	$875M
EBITDA	$1.6B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$1.1B
General & Administrative	$95M
SG&A Expenses	$1.2B
Other Expenses	$499M
Operating Expenses	$1.7B
Cost & Expenses	$2.8B
OPERATING INCOME	$875M
Interest Income	$0
Interest Expense	$62M
Other Income/Expenses	-$61M
INCOME BEFORE TAX	$813M
Income Tax Expense	$175M
Net Income from Continuing Ops	$639M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$639M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$639M
D&A	$749M
EBIT	$875M
EBITDA	$1.6B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$639M
Depreciation & Amortization	$749M
Stock-Based Compensation	$35M
Deferred Income Tax	$171M
Other Non-Cash Items	$119M
Change in Working Capital	-$161M
OPERATING CASH FLOW	$1.6B
Capital Expenditure	-$1.4B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$15M
NET CASH FROM INVESTING	-$1.5B
Net Debt Issuance	-$2M
Common Stock Repurchased	-$17M
Common Dividends Paid	-$97M
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$114M
FREE CASH FLOW	$111M
Net Change in Cash	-$18M

Balance Sheet

Item	Amount
Cash & Equivalents	$816M
Short-Term Investments	$0
Net Receivables	$2.0B
Inventory	$585M
Other Current Assets	$219M
TOTAL CURRENT ASSETS	$3.6B
PP&E (Net)	$26.4B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$18M
Other Non-Current Assets	$762M
TOTAL NON-CURRENT ASSETS	$27.2B
TOTAL ASSETS	$30.7B
Account Payables	$1.9B
Short-Term Debt	$363M
Deferred Revenue	$0
Other Current Liabilities	$272M
TOTAL CURRENT LIABILITIES	$2.8B
Long-Term Debt	$6.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$3.7B
Other Non-Current Liabilities	$1.3B
TOTAL NON-CURRENT LIABILITIES	$11.1B
TOTAL LIABILITIES	$13.9B
Common Stock	$206M
Additional Paid-In Capital	$5.6B
Retained Earnings	$11.1B
Treasury Stock	-$45M
Accum. Other Comp. Income	-$14M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$16.8B
Minority Interest	$0
TOTAL EQUITY	$16.8B
TOTAL LIABILITIES & EQUITY	$30.7B
Total Debt	$6.4B
Net Debt	$5.6B