Filing Flows › EOG Resources (EOG) › Q1 2025
EOG Resources (EOG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
EOG Resources (EOG) reported revenue of $5.7B for the first quarter 2025 (Q1 2025), -7% from a year earlier and +2% from the quarter before. Operating margin was 32.8%, net earnings $1.5B (25.8% of revenue).
EOG Resources, Q1 2025: revenue $5.7B (-7% year over year), operating margin 32.8%, net earnings $1.5B, operating cash flow $2.3B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7B | +2% | -7% |
| Operating profit | $1.9B | +17% | -18% |
| Net earnings | $1.5B | +17% | -18% |
| Operating cash flow | $2.3B | -17% | -21% |
| Free cash flow | $908M | -40% | -36% |
What changed
Revenue was $5.7B in Q1 2025, down 7% year over year and up 2% from the previous quarter. United States of America Segment was the largest line at 98% of revenue. United States of America Segment lost $0.48B year over year (down 8%), 105% of the total change.
Operating profit was $1.9B, a 32.8% margin (down 4.3 points year over year). Total costs fell 1% while revenue fell 7%. Net earnings were $1.5B, down 18% year over year. The effective tax rate was 22.1%.
Operating cash flow was $2.3B (down 21% year over year), 156% of net earnings. Non-cash charges added back $1.0B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.24B. Capital expenditures of $1.4B left free cash flow of $0.91B.
Questions
What was EOG Resources' revenue in the first quarter 2025?
EOG Resources (EOG) reported revenue of $5.7B for the first quarter 2025 (Q1 2025), -7% from a year earlier and +2% from the quarter before.
Was EOG Resources profitable in the first quarter 2025?
Operating profit was $1.9B (32.8% of revenue) and net earnings $1.5B.
Source: EOG Resources 10-Q on SEC EDGAR.