EOG Resources, Inc.: EPS $4.87 vs $4.47 expected; revenue $8.55B vs $7.26B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 4.87 | 4.47 | +8.9% | 2.71 |
| Revenue (USD bn) | 8.55 | 7.26 | +17.8% | 5.73 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 5, 2026 | Q3 FY2026 | 4.87 | 4.47 | +8.9% | 8.55 | 7.26 | +17.8% |
| Aug 4, 2026 | Q2 FY2026 | 5.07 | 4.97 | +2.0% | 8.62 | 8.04 | +7.1% |
| May 5, 2026 | Q1 FY2026 | 3.41 | 3.23 | +5.6% | 6.92 | 6.18 | +11.9% |
| Feb 24, 2026 | Q4 FY2025 | 2.27 | 2.20 | +3.2% | 5.64 | 5.77 | −2.2% |
| Nov 6, 2025 | Q3 FY2025 | 2.71 | 2.46 | +10.2% | 5.73 | 5.97 | −4.0% |
| Aug 7, 2025 | Q2 FY2025 | 2.32 | 2.23 | +4.0% | 5.37 | 5.45 | −1.4% |
| May 1, 2025 | Q1 FY2025 | 2.87 | 2.80 | +2.5% | 5.84 | 5.90 | −1.1% |
| Feb 28, 2025 | Q4 FY2024 | 2.74 | 2.55 | +7.5% | 5.65 | 5.96 | −5.2% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
EOG Resources, Inc. results: EPS $4.87 vs $4.47 expected; revenue $8.55B vs $7.26B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 8.9%; revenue above the estimate by 17.8%.
Revenue was up 49.1% from $5.73 billion a year earlier (Q3 FY2025). EPS was up 79.7% from $2.71 a year earlier. On its record, EPS topped analysts' estimates in 7 of 7 earlier comparable reports.
What the results mean
EOG Resources’ results reflect support from realized oil, natural gas and natural gas liquids prices, alongside growing production volumes. The improvement therefore combines pricing and production effects, with US operations remaining the center of the company’s business.
Growth in gathering, processing and marketing revenue came with rising marketing costs, making these activities’ profit contribution an important part of interpreting revenue growth. Asset disposal gains also supported reported earnings, making it useful to distinguish their contribution from production performance.
What to watch on the earnings call: The contribution of realized prices and production volumes to profitability, well operating and transportation and processing costs, marketing margins, the assets sold and their gains’ contribution to earnings, and how management balances development spending, liquidity and shareholder distributions.
For the full analysis of EOG Resources, Inc. stock — valuation, scores and financial statements — see the stock page linked with this story.
Latest Updates · 1
- Major·
Updated earnings per share figures to include net income and GAAP EPS.