EOG Resources Inc. operates in 3 segments: United States; Trinidad; and Other International.
- Segment Profit Margin
- Segment Return on Assets (Segment ROA)
- Segment Asset Turnover
- Segment Capital Expenditures to Depreciation
- Operating revenues and other
- Depreciation, depletion and amortization
- Income (loss) before income taxes
- Additions to oil and gas properties, excluding dry hole costs
- Total assets
Segment Profit Margin
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 20.24% | 24.41% | 5.73% | -20.56% | -82.18% |
Trinidad | 43.23% | 48.82% | 37.42% | 20.65% | 48.17% |
Other International | -41.79% | -5.97% | -133.03% | -119.72% | -438.22% |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | United States | United States segment profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Trinidad | Trinidad segment profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. | |
Other International | Other International segment profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Segment Profit Margin: United States
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Income (loss) before income taxes | 3,451,677) | 4,099,918) | 623,194) | (1,505,808) | (6,832,514) |
Operating revenues and other | 17,052,363) | 16,794,591) | 10,872,071) | 7,323,200) | 8,314,442) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 20.24% | 24.41% | 5.73% | -20.56% | -82.18% |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment profit margin = 100 × Income (loss) before income taxes ÷ Operating revenues and other
= 100 × 3,451,677 ÷ 17,052,363 = 20.24%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | United States | United States segment profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Segment Profit Margin: Trinidad
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Income (loss) before income taxes | 117,203) | 151,288) | 106,548) | 50,072) | 183,427) |
Operating revenues and other | 271,106) | 309,860) | 284,713) | 242,424) | 380,809) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 43.23% | 48.82% | 37.42% | 20.65% | 48.17% |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment profit margin = 100 × Income (loss) before income taxes ÷ Operating revenues and other
= 100 × 117,203 ÷ 271,106 = 43.23%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Trinidad | Trinidad segment profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Segment Profit Margin: Other International
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Income (loss) before income taxes | (23,613) | (10,208) | (68,560) | (101,769) | (272,469) |
Operating revenues and other | 56,504) | 170,948) | 51,536) | 85,008) | 62,177) |
Segment Profitability Ratio | |||||
Segment profit margin1 | -41.79% | -5.97% | -133.03% | -119.72% | -438.22% |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment profit margin = 100 × Income (loss) before income taxes ÷ Operating revenues and other
= 100 × -23,613 ÷ 56,504 = -41.79%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Other International | Other International segment profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Segment Return on Assets (Segment ROA)
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 9.52% | 12.36% | 2.20% | -5.40% | -26.95% |
Trinidad | 16.61% | 24.03% | 10.93% | 5.63% | 20.68% |
Other International | -16.41% | -8.09% | -12.56% | -15.35% | -36.99% |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | United States | United States segment ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Trinidad | Trinidad segment ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. | |
Other International | Other International segment ROA improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Segment ROA: United States
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Income (loss) before income taxes | 3,451,677) | 4,099,918) | 623,194) | (1,505,808) | (6,832,514) |
Total assets | 36,274,942) | 33,178,733) | 28,312,599) | 27,907,083) | 25,351,908) |
Segment Profitability Ratio | |||||
Segment ROA1 | 9.52% | 12.36% | 2.20% | -5.40% | -26.95% |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment ROA = 100 × Income (loss) before income taxes ÷ Total assets
= 100 × 3,451,677 ÷ 36,274,942 = 9.52%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | United States | United States segment ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Segment ROA: Trinidad
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Income (loss) before income taxes | 117,203) | 151,288) | 106,548) | 50,072) | 183,427) |
Total assets | 705,747) | 629,633) | 974,477) | 889,253) | 886,826) |
Segment Profitability Ratio | |||||
Segment ROA1 | 16.61% | 24.03% | 10.93% | 5.63% | 20.68% |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment ROA = 100 × Income (loss) before income taxes ÷ Total assets
= 100 × 117,203 ÷ 705,747 = 16.61%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Trinidad | Trinidad segment ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
Segment ROA: Other International
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Income (loss) before income taxes | (23,613) | (10,208) | (68,560) | (101,769) | (272,469) |
Total assets | 143,919) | 126,108) | 546,002) | 663,097) | 736,510) |
Segment Profitability Ratio | |||||
Segment ROA1 | -16.41% | -8.09% | -12.56% | -15.35% | -36.99% |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment ROA = 100 × Income (loss) before income taxes ÷ Total assets
= 100 × -23,613 ÷ 143,919 = -16.41%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Other International | Other International segment ROA improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Segment Asset Turnover
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 0.47 | 0.51 | 0.38 | 0.26 | 0.33 |
Trinidad | 0.38 | 0.49 | 0.29 | 0.27 | 0.43 |
Other International | 0.39 | 1.36 | 0.09 | 0.13 | 0.08 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | United States | United States segment asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Trinidad | Trinidad segment asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. | |
Other International | Other International segment asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
Segment Asset Turnover: United States
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating revenues and other | 17,052,363) | 16,794,591) | 10,872,071) | 7,323,200) | 8,314,442) |
Total assets | 36,274,942) | 33,178,733) | 28,312,599) | 27,907,083) | 25,351,908) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.47 | 0.51 | 0.38 | 0.26 | 0.33 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment asset turnover = Operating revenues and other ÷ Total assets
= 17,052,363 ÷ 36,274,942 = 0.47
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | United States | United States segment asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Segment Asset Turnover: Trinidad
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating revenues and other | 271,106) | 309,860) | 284,713) | 242,424) | 380,809) |
Total assets | 705,747) | 629,633) | 974,477) | 889,253) | 886,826) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.38 | 0.49 | 0.29 | 0.27 | 0.43 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment asset turnover = Operating revenues and other ÷ Total assets
= 271,106 ÷ 705,747 = 0.38
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Trinidad | Trinidad segment asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
Segment Asset Turnover: Other International
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating revenues and other | 56,504) | 170,948) | 51,536) | 85,008) | 62,177) |
Total assets | 143,919) | 126,108) | 546,002) | 663,097) | 736,510) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.39 | 1.36 | 0.09 | 0.13 | 0.08 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment asset turnover = Operating revenues and other ÷ Total assets
= 56,504 ÷ 143,919 = 0.39
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Other International | Other International segment asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
Segment Capital Expenditures to Depreciation
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 1.70 | 1.87 | 1.24 | 1.85 | 1.43 |
Trinidad | 0.67 | 0.02 | 1.27 | 0.52 | 0.66 |
Other International | 0.68 | 0.81 | 0.60 | 0.72 | 5.93 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | United States | United States segment capital expenditures to depreciation ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Trinidad | Trinidad segment capital expenditures to depreciation ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 not reaching 2017 level. | |
Other International | Other International segment capital expenditures to depreciation ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
Segment Capital Expenditures to Depreciation: United States
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Additions to oil and gas properties, excluding dry hole costs | 6,208,394) | 6,155,874) | 4,067,359) | 6,223,228) | 4,495,730) |
Depreciation, depletion and amortization | 3,652,294) | 3,296,499) | 3,269,196) | 3,365,390) | 3,139,863) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 1.70 | 1.87 | 1.24 | 1.85 | 1.43 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment capital expenditures to depreciation = Additions to oil and gas properties, excluding dry hole costs ÷ Depreciation, depletion and amortization
= 6,208,394 ÷ 3,652,294 = 1.70
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | United States | United States segment capital expenditures to depreciation ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |
Segment Capital Expenditures to Depreciation: Trinidad
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Additions to oil and gas properties, excluding dry hole costs | 53,325) | 1,618) | 145,937) | 75,407) | 102,358) |
Depreciation, depletion and amortization | 79,389) | 91,971) | 115,321) | 145,591) | 154,853) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 0.67 | 0.02 | 1.27 | 0.52 | 0.66 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment capital expenditures to depreciation = Additions to oil and gas properties, excluding dry hole costs ÷ Depreciation, depletion and amortization
= 53,325 ÷ 79,389 = 0.67
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Trinidad | Trinidad segment capital expenditures to depreciation ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 not reaching 2017 level. |
Segment Capital Expenditures to Depreciation: Other International
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Additions to oil and gas properties, excluding dry hole costs | 12,233) | 37,838) | 14,932) | 30,734) | 112,316) |
Depreciation, depletion and amortization | 18,021) | 46,938) | 24,870) | 42,436) | 18,928) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 0.68 | 0.81 | 0.60 | 0.72 | 5.93 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Segment capital expenditures to depreciation = Additions to oil and gas properties, excluding dry hole costs ÷ Depreciation, depletion and amortization
= 12,233 ÷ 18,021 = 0.68
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Other International | Other International segment capital expenditures to depreciation ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
Operating revenues and other
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 17,052,363) | 16,794,591) | 10,872,071) | 7,323,200) | 8,314,442) |
Trinidad | 271,106) | 309,860) | 284,713) | 242,424) | 380,809) |
Other International | 56,504) | 170,948) | 51,536) | 85,008) | 62,177) |
Total | 17,379,973) | 17,275,399) | 11,208,320) | 7,650,632) | 8,757,428) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Depreciation, depletion and amortization
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 3,652,294) | 3,296,499) | 3,269,196) | 3,365,390) | 3,139,863) |
Trinidad | 79,389) | 91,971) | 115,321) | 145,591) | 154,853) |
Other International | 18,021) | 46,938) | 24,870) | 42,436) | 18,928) |
Total | 3,749,704) | 3,435,408) | 3,409,387) | 3,553,417) | 3,313,644) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Income (loss) before income taxes
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 3,451,677) | 4,099,918) | 623,194) | (1,505,808) | (6,832,514) |
Trinidad | 117,203) | 151,288) | 106,548) | 50,072) | 183,427) |
Other International | (23,613) | (10,208) | (68,560) | (101,769) | (272,469) |
Total | 3,545,267) | 4,240,998) | 661,182) | (1,557,505) | (6,921,556) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Additions to oil and gas properties, excluding dry hole costs
EOG Resources Inc., additions to oil and gas properties, excluding dry hole costs by reportable segment
US$ in thousands
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 6,208,394) | 6,155,874) | 4,067,359) | 6,223,228) | 4,495,730) |
Trinidad | 53,325) | 1,618) | 145,937) | 75,407) | 102,358) |
Other International | 12,233) | 37,838) | 14,932) | 30,734) | 112,316) |
Total | 6,273,952) | 6,195,330) | 4,228,228) | 6,329,369) | 4,710,404) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Total assets
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
---|---|---|---|---|---|
United States | 36,274,942) | 33,178,733) | 28,312,599) | 27,907,083) | 25,351,908) |
Trinidad | 705,747) | 629,633) | 974,477) | 889,253) | 886,826) |
Other International | 143,919) | 126,108) | 546,002) | 663,097) | 736,510) |
Total | 37,124,608) | 33,934,474) | 29,833,078) | 29,459,433) | 26,975,244) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).