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.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
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...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
is_total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '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% |