Operating Expenses

Total Operating Expenses

EOG Resources Total Operating Expenses increased by 17.1% to $4.70B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.6%, from $3.99B to $4.70B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 6.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

Metric ID: is_total_operating_expenses

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$2.97B$3.29B$3.52B$3.44B$4.50B$3.93B$3.87B$3.47B$3.60B$3.66B$3.85B$3.85B$3.90B$3.88B$3.99B$3.81B$3.73B$4.01B$4.70B
QoQ Change+11.0%+6.7%-2.2%+31.0%-12.8%-1.6%-10.2%+3.8%+1.4%+5.4%-0.0%+1.1%-0.5%+3.0%-4.6%-2.1%+7.5%+17.1%
YoY Change+51.8%+19.3%+10.0%+1.0%-20.0%-7.0%-0.3%+10.9%+8.1%+6.0%+3.6%-1.1%-4.2%+3.5%+17.6%
Range$2.97B$4.70B
CAGR+10.7%
Avg YoY Growth+6.6%
Median YoY Growth+3.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is EOG Resources's total operating expenses?
EOG Resources (EOG) reported total operating expenses of $4.70B in Q4 2025.
How has EOG Resources's total operating expenses changed year-over-year?
EOG Resources's total operating expenses increased by 17.6% year-over-year, from $3.99B to $4.70B.
What is the long-term trend for EOG Resources's total operating expenses?
Over 4 years (2021 to 2025), EOG Resources's total operating expenses has grown at a 6.7% compound annual growth rate (CAGR), from $12.54B to $16.25B.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.