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EOG Resources EOG Impairment Of Oil And Gas Properties

Impairment Of Oil And Gas Properties at other companies

Northern Oil and Gas logo
Northern Oil and GasNOG
$268.28M
PED
PEDEVCOPED
$1.61M+592%
Chord Energy logo
Chord EnergyCHRD
$1K0.0%

Other financials

Income statement

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Revenue$8.6B+57.4%
Operating income$3.5B+102%
Net income$2.7B+103%
EPS (diluted)$1.57-36.2%

Balance sheet

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Cash & equivalents$4.9B-5.9%
Total debt$8.3B+79.5%
Total equity$31.9B+9.0%
Total assets$54.8B+18.4%

Cash flow

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Operating cash flow$4.7B+130%
CapEx-$144.0M-253%
Free cash flow$4.5B+133%

Valuation

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Market cap$70.41B+10.6%
Enterprise value$73.75B+17.0%
P/E10.2×-0.9×
P/S2.6×-0.2×

Profitability

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Operating margin32.9%+0.8pp
Net margin25.4%+0.2pp
FCF margin47.3%+2.7pp

Returns & leverage

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Return on equity22.5%+2.9pp
Debt / equity0.3×+0.1×
Current ratio1.7×-0.2×

Where this comes from

Reported directly by EOG Resources in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfOilAndGasProperties.

The source filing: EOG Resources’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000821189-26-000104
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Gathering, Processing and Transportation Costs654440
Exploration Costs4541
Dry Hole Costs2334
Impairments3944
Marketing Costs1,3841,325
Depreciation, Depletion and Amortization1,1931,013
General and Administrative185171
Taxes Other Than Income338341

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is EOG Resources's impairment of oil and gas properties?
EOG Resources (EOG) reported impairment of oil and gas properties of $39M 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 $44M to $39M.
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 $376M to $843M.
What does impairment of oil and gas properties mean?
Impairment charges represent the write-down of the carrying value of oil and gas assets when their book value exceeds their estimated fair market value. This often occurs due to downward revisions in reserve estimates or sustained declines in commodity prices.

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