Discontinued — last reported Q4 '23
Trinidad — Income Tax Expense (Benefit)
EOG Resources Trinidad — Income Tax Expense (Benefit) remained flat by 0.0% to $500.00K in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 94.3%, from $8.75M to $500.00K. Over 2 years (FY 2021 to FY 2023), Trinidad — Income Tax Expense (Benefit) shows a downward trend with a -82.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A lower tax expense relative to pre-tax income may indicate tax efficiency or favorable local incentives, whereas a high expense reflects the standard fiscal burden of the region.
Detailed definition
This metric represents the total income tax provision or benefit allocated to the Trinidad segment based on its earnings...
Peer comparison
Comparable to regional tax provisions reported by multinational energy companies with international operations.
eog_segment_trinidad_income_tax_expense_benefitHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $66.00M | $35.00M | $2.00M |
| YoY Change | — | -47.0% | -94.3% |
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Frequently Asked Questions
- What is EOG Resources's trinidad — income tax expense (benefit)?
- EOG Resources (EOG) reported trinidad — income tax expense (benefit) of $500.00K in Q4 2023.
- How has EOG Resources's trinidad — income tax expense (benefit) changed year-over-year?
- EOG Resources's trinidad — income tax expense (benefit) decreased by 94.3% year-over-year, from $8.75M to $500.00K.
- What is the long-term trend for EOG Resources's trinidad — income tax expense (benefit)?
- Over 2 years (2021 to 2023), EOG Resources's trinidad — income tax expense (benefit) has grown at a -82.6% compound annual growth rate (CAGR), from $66.00M to $2.00M.
- What does trinidad — income tax expense (benefit) mean?
- The total income tax cost or benefit attributed to the operations of the Trinidad segment.