Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Schedule of Selected Financial Information by Reportable Segment

Financial information by reportable segment is presented below for the three-month and six-month periods ended June 30, 2025 and 2024 (in millions):


	United States		Trinidad		Other International (1)		Total
Three Months Ended June 30, 2025
Crude Oil and Condensate	$	2,969	$	5	$	—	$	2,974
NGLs	534		—		—		534
Natural Gas	516		84		—		600
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net	107		—		—		107
Gathering, Processing and Marketing	1,246		1		—		1,247
Gains (Losses) on Asset Dispositions, Net	(3)		—		3		—
Other, Net	16		—		—		16
Operating Revenues and Other	5,385		90		3		5,478
Lease and Well	383		10		3
Gathering, Processing and Transportation Costs	454		1		—
Marketing Costs	1,216		—		—
Depreciation, Depletion and Amortization	1,016		37		—
General and Administrative	178		4		4
Taxes Other Than Income	300		1		—
Other Segment Items (2)	79		7		38
Operating Income (Loss)	1,759		30		(42)		1,747
Interest Income							56
Other Expense							(1)
Interest Expense, Net							(51)
Income Before Income Taxes							$	1,751

Other Segment Disclosures:
Additions to Oil and Gas Properties, Excluding Dry Hole Costs	1,626		61		3		1,690


Interest Expense, Net	51		—		—		51
Interest Income	52		2		2		56


	United States		Trinidad		Other International (1)		Total
Three Months Ended June 30, 2024
Crude Oil and Condensate	$	3,688	$	4	$	—	$	3,692
NGLs	515		—		—		515
Natural Gas	239		64		—		303
Losses on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net	(47)		—		—		(47)
Gathering, Processing and Marketing	1,518		1		—		1,519
Gains on Asset Dispositions, Net	20		—		—		20
Other, Net	23		—		—		23
Operating Revenues and Other	5,956		69		—		6,025
Lease and Well	381		10		(1)
Gathering, Processing and Transportation Costs	423		—		—
Marketing Costs	1,490		—		—
Depreciation, Depletion and Amortization	949		34		1
General and Administrative	146		3		2
Taxes Other Than Income	337		—		—
Other Segment Items (2)	83		6		31
Operating Income (Loss)	2,147		16		(33)		2,130
Interest Income							64
Other Income							2
Interest Expense, Net							(36)
Income Before Income Taxes							$	2,160

Other Segment Disclosures:
Additions to Oil and Gas Properties, Excluding Dry Hole Costs	1,348		42		—		1,390


Interest Expense, Net	36		—		—		36
Interest Income	59		4		1		64


	United States		Trinidad		Other International (1)		Total
Six Months Ended June 30, 2025
Crude Oil and Condensate	$	6,255	$	12	$	—	$	6,267
NGLs	1,106		—		—		1,106
Natural Gas	1,070		167		—		1,237
Losses on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net	(84)		—		—		(84)
Gathering, Processing and Marketing	2,586		1		—		2,587
Losses on Asset Dispositions, Net	—		—		(1)		(1)
Other, Net	35		—		—		35
Operating Revenues and Other	10,968		180		(1)		11,147
Lease and Well	768		24		5
Gathering, Processing and Transportation Costs	894		1		—
Marketing Costs	2,541		—		—
Depreciation, Depletion and Amortization	1,979		87		—
General and Administrative	340		8		9
Taxes Other Than Income	640		2		—
Other Segment Items (2)	161		40		42
Operating Income (Loss)	3,645		18		(57)		3,606
Interest Income							124
Other Expense							(4)
Interest Expense, Net							(98)
Income Before Income Taxes							$	3,628

Other Segment Disclosures:
Additions to Oil and Gas Properties, Excluding Dry Hole Costs	2,984		59		3		3,046
Total Property, Plant and Equipment, Net	34,850		483		28		35,361
Total Assets	44,921		1,169		194		46,284
Interest Expense, Net	98		—		—		98
Interest Income	116		5		3		124


	United States		Trinidad		Other International (1)		Total
Six Months Ended June 30, 2024
Crude Oil and Condensate	$	7,164	$	8	$	—	$	7,172
NGLs	1,028		—		—		1,028
Natural Gas	556		129		—		685
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net	190		—		—		190
Gathering, Processing and Marketing	2,977		1		—		2,978
Gains (Losses) on Asset Dispositions, Net	52		(6)		—		46
Other, Net	49		—		—		49
Operating Revenues and Other	12,016		132		—		12,148
Lease and Well	767		19		—
Gathering, Processing and Transportation Costs	836		—		—
Marketing Costs	2,894		—		—
Depreciation, Depletion and Amortization	1,991		66		1
General and Administrative	303		7		3
Taxes Other Than Income	674		1		—
Other Segment Items (2)	140		7		38
Operating Income (Loss)	4,411		32		(42)		4,401
Interest Income							132
Other Expense							(4)
Interest Expense, Net							(69)
Income Before Income Taxes							$	4,460

Other Segment Disclosures:
Additions to Oil and Gas Properties, Excluding Dry Hole Costs	2,843		81		1		2,925
Total Property, Plant and Equipment, Net	33,202		423		19		33,644
Total Assets	43,953		1,130		141		45,224
Interest Expense, Net	69		—		—		69
Interest Income	121		8		3		132

(1) Other International primarily consists of EOG's Australia, Kingdom of Bahrain, Canada and United Arab Emirates operations. EOG is continuing the process of exiting its Canada operations.

(2) Other Segment Items include Exploration Costs, Dry Hole Costs and Impairments.

EOG RESOURCES INC 10-Q