EOG · NYSE
Consensus is $4.05 EPS for Sep 2026 across 8 estimates, ranging $3.37 to $5.09.
No consensus figures are on file, so the quarter cannot be assessed against an external earnings estimate. EOG reported $8.62 billion of revenue and $2.72 billion of net income, up from $5.48 billion and $1.34 billion in the year-ago quarter and from $6.92 billion and $1.98 billion in Q1 FY2026. The United States carried results, with operating income of $3.489 billion compared with $1.759 billion a year earlier. Crude oil and condensate revenue rose to $4.901 billion, while gathering, processing and marketing contributed $2.011 billion. Trinidad also improved, with operating income of $49 million versus $30 million, while the Other International loss narrowed to $10 million from $42 million. Cost growth was evident in depreciation, depletion and amortization at $1.205 billion, general and administrative expense at $203 million, and taxes other than income at $425 million. The supplied material does not provide a consolidated margin or a stated revenue growth rate.
No operating or financial guidance ranges were given in the supplied filing material, and no comparison with a prior guide is available. The filing does disclose the company’s commodity positions, which provide some price protection but also limit exposure to favorable price moves. Natural gas swaps covered 450 thousand MMBtud for August through December 2026 at a weighted average price of $3.79 per MMBtu, while natural gas collars covered 70 thousand MMBtud with a $4.23 ceiling and $3.71 floor. These contracts are disclosures rather than management guidance.
