Impairment Of Oil And Gas Properties
EOG Resources Impairment Of Oil And Gas Properties decreased by 94.3% to $39.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.4%, from $44.00M to $39.00M. Over 4 years (FY 2021 to FY 2025), Impairment Of Oil And Gas Properties shows an upward trend with a 22.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase signals potential overvaluation of assets or a negative outlook on future production value, which is generally unfavorable.
Detailed definition
Impairment charges represent the write-down of the carrying value of oil and gas assets when their book value exceeds th...
Peer comparison
Common in the energy sector during periods of low oil and gas prices; peers often report these during market downturns.
other_impairment_of_oil_and_gas_propertiesHistorical Data
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $44.00M | $82.00M | $206.00M | $55.00M | $91.00M | $94.00M | $142.00M | $34.00M | $35.00M | $54.00M | $79.00M | $19.00M | $81.00M | $15.00M | $276.00M | $44.00M | $39.00M | $71.00M | $689.00M | $39.00M |
| QoQ Change | — | +86.4% | +151.2% | -73.3% | +65.5% | +3.3% | +51.1% | -76.1% | +2.9% | +54.3% | +46.3% | -75.9% | +326.3% | -81.5% | >999% | -84.1% | -11.4% | +82.1% | +870.4% | -94.3% |
| YoY Change | — | — | — | — | +106.8% | +14.6% | -31.1% | -38.2% | -61.5% | -42.6% | -44.4% | -44.1% | +131.4% | -72.2% | +249.4% | +131.6% | -51.9% | +373.3% | +149.6% | -11.4% |
Impairment Of Oil And Gas Properties at Other Companies
Frequently Asked Questions
- What is EOG Resources's impairment of oil and gas properties?
- EOG Resources (EOG) reported impairment of oil and gas properties of $39.00M in Q1 2026.
- How has EOG Resources's impairment of oil and gas properties changed year-over-year?
- EOG Resources's impairment of oil and gas properties decreased by 11.4% year-over-year, from $44.00M to $39.00M.
- What is the long-term trend for EOG Resources's impairment of oil and gas properties?
- Over 4 years (2021 to 2025), EOG Resources's impairment of oil and gas properties has grown at a 22.4% compound annual growth rate (CAGR), from $376.00M to $843.00M.
- What does impairment of oil and gas properties mean?
- A reduction in the recorded value of assets because they are no longer worth what they were previously valued at.