Operating Expenses
Exploration Expense
EOG Resources Exploration Expense decreased by 10.0% to $45.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.8%, from $41.00M to $45.00M. Over 4 years (FY 2021 to FY 2025), Exploration Expense shows an upward trend with a 11.3% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
Metric ID:
cop_exploration_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $35.00M | $44.00M | $42.00M | $45.00M | $35.00M | $35.00M | $44.00M | $50.00M | $47.00M | $43.00M | $41.00M | $45.00M | $34.00M | $43.00M | $52.00M | $41.00M | $74.00M | $71.00M | $50.00M | $45.00M |
| QoQ Change | — | +25.7% | -4.5% | +7.1% | -22.2% | +0.0% | +25.7% | +13.6% | -6.0% | -8.5% | -4.7% | +9.8% | -24.4% | +26.5% | +20.9% | -21.2% | +80.5% | -4.1% | -29.6% | -10.0% |
| YoY Change | — | — | — | — | +0.0% | -20.5% | +4.8% | +11.1% | +34.3% | +22.9% | -6.8% | -10.0% | -27.7% | +0.0% | +26.8% | -8.9% | +117.6% | +65.1% | -3.8% | +9.8% |
Range$34.00M – $74.00M
CAGR+5.4%
Avg YoY Growth+13.4%
Median YoY Growth+2.4%
Current Streak3 quarters decline
Exploration Expense at Other Companies
Frequently Asked Questions
- What is EOG Resources's exploration expense?
- EOG Resources (EOG) reported exploration expense of $45.00M in Q1 2026.
- How has EOG Resources's exploration expense changed year-over-year?
- EOG Resources's exploration expense increased by 9.8% year-over-year, from $41.00M to $45.00M.
- What is the long-term trend for EOG Resources's exploration expense?
- Over 4 years (2021 to 2025), EOG Resources's exploration expense has grown at a 11.3% compound annual growth rate (CAGR), from $154.00M to $236.00M.