EOG Resources Gain (Loss) on Derivative Instruments, Net, Pretax decreased by 2.6% to $113.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 159.2%, from -$191.00M to $113.00M.
This metric is highly sensitive to commodity price volatility and does not necessarily reflect the underlying operational health of the business.
This reflects the unrealized mark-to-market gains or losses on financial derivative contracts used to hedge commodity pr...
Standard for energy producers that use hedging to protect against price volatility; peers will show similar sensitivity to market price swings.
operating_gain_loss_on_derivative_instruments_net_pretax| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '24 | Q1 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$427.00M | -$494.00M | -$2.82B | -$1.38B | -$18.00M | $0.00 | $376.00M | $101.00M | $43.00M | $298.00M | $237.00M | $79.00M | -$191.00M | $116.00M | $113.00M |
| QoQ Change | — | -15.7% | -470.9% | +51.2% | +98.7% | +100.0% | — | -73.1% | -57.4% | +593.0% | -20.5% | -66.7% | -341.8% | +160.7% | -2.6% |
| YoY Change | — | — | — | -222.5% | +96.4% | — | +113.3% | +107.3% | +338.9% | — | -37.0% | +83.7% | -180.6% | +46.8% | +159.2% |