Investing

Payments to Acquire Oil and Gas Property and Equipment

EOG Resources Payments to Acquire Oil and Gas Property and Equipment decreased by 3.4% to $1.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $1.38B to $1.49B. Over 4 years (FY 2021 to FY 2025), Payments to Acquire Oil and Gas Property and Equipment shows an upward trend with a 13.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests aggressive expansion or higher development costs, while a decrease may indicate capital discipline or a shift in strategy.

Detailed definition

This represents the cash outflows dedicated to the exploration, development, and acquisition of oil and gas reserves. It...

Peer comparison

Standard capital expenditure metric for upstream energy companies; peers typically report this as 'Capital Expenditures' or 'Drilling and Completion Costs'.

Metric ID: investing_payments_to_acquire_oil_and_gas_property_and_e_4e5612

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$968.00M$846.00M$949.00M$939.00M$1.35B$1.10B$1.23B$1.31B$1.34B$1.38B$1.36B$1.49B$1.36B$1.26B$1.25B$1.38B$1.70B$1.49B$1.54B$1.49B
QoQ Change-12.6%+12.2%-1.1%+43.7%-18.3%+11.5%+6.2%+2.8%+2.8%-1.4%+9.2%-8.6%-6.9%-1.2%+10.7%+23.0%-12.2%+3.4%-3.4%
YoY Change+39.4%+30.3%+29.5%+39.0%-0.6%+25.1%+10.7%+13.8%+1.2%-8.4%-8.2%-7.0%+25.2%+18.1%+23.6%+8.0%
Range$846.00M$1.70B
CAGR+9.5%
Avg YoY Growth+15.0%
Median YoY Growth+16.0%

Frequently Asked Questions

What is EOG Resources's payments to acquire oil and gas property and equipment?
EOG Resources (EOG) reported payments to acquire oil and gas property and equipment of $1.49B in Q1 2026.
How has EOG Resources's payments to acquire oil and gas property and equipment changed year-over-year?
EOG Resources's payments to acquire oil and gas property and equipment increased by 8.0% year-over-year, from $1.38B to $1.49B.
What is the long-term trend for EOG Resources's payments to acquire oil and gas property and equipment?
Over 4 years (2021 to 2025), EOG Resources's payments to acquire oil and gas property and equipment has grown at a 13.9% compound annual growth rate (CAGR), from $3.64B to $6.12B.
What does payments to acquire oil and gas property and equipment mean?
Cash spent on buying or developing oil and gas assets.