Discontinued — last reported Q4 '23

Business Segments · Income Tax Expense (Benefit)

United States — Income Tax Expense (Benefit)

EOG Resources United States — Income Tax Expense (Benefit) remained flat by 0.0% to $523.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 0.6%, from $526.50M to $523.25M. Over 2 years (FY 2021 to FY 2023), United States — Income Tax Expense (Benefit) shows an upward trend with a 29.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2023
Rolls up toIncome Tax

How to read this metric

Changes in this metric relative to pre-tax income can signal shifts in effective tax rates, changes in tax legislation, or adjustments to deferred tax assets and liabilities.

Detailed definition

This metric represents the portion of the total corporate income tax provision that is attributable to the earnings gene...

Peer comparison

Most integrated energy companies report segment-level tax provisions, allowing for comparison of effective tax rates across geographic regions.

Metric ID: eog_segment_united_states_income_tax_expense_benefit

Historical Data

3 years
 FY'21FY'22FY'23
Value$1.25B$2.11B$2.09B
YoY Change+68.9%-0.6%
Range$1.25B$2.11B
CAGR+29.6%
Avg YoY Growth+34.1%
Median YoY Growth+34.1%

Frequently Asked Questions

What is EOG Resources's united states — income tax expense (benefit)?
EOG Resources (EOG) reported united states — income tax expense (benefit) of $523.25M in Q4 2023.
How has EOG Resources's united states — income tax expense (benefit) changed year-over-year?
EOG Resources's united states — income tax expense (benefit) decreased by 0.6% year-over-year, from $526.50M to $523.25M.
What is the long-term trend for EOG Resources's united states — income tax expense (benefit)?
Over 2 years (2021 to 2023), EOG Resources's united states — income tax expense (benefit) has grown at a 29.6% compound annual growth rate (CAGR), from $1.25B to $2.09B.
What does united states — income tax expense (benefit) mean?
The income tax cost associated specifically with the company's U.S. business segment.