EOG Resources Q2 2026: revenue up 57.4%, EPS $5.15
EOG posted the strongest quarter in the data shown: revenue of $8.62 billion rose 57.4% from a year ago and GAAP EPS of $5.15 beat the $5.0287 consensus. Read it as an oil-price quarter — the composite crude realization jumped to $98.15 per barrel — with record volumes and a $1.839 billion capital return as supporting evidence. Softer gas prices and a rising cost base are the counterweight.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $5.15 came in about $0.12 above the $5.0287 consensus, a beat of roughly 2.4%. The non-GAAP adjusted figure was $5.07, only about $0.04 above consensus, because $0.08 of adjustments — mostly $0.09 of gains on asset dispositions — were stripped out. Year over year, GAAP EPS nearly doubled from $2.46.
Revenue was $8.62 billion, up 57.4% from $5.478 billion a year earlier and 24.5% above the $6.921 billion booked in Q1 2026. The driver is price as much as volume: the composite crude realization was $98.15 per barrel versus $64.82 a year ago, while total crude oil equivalent volumes rose to 1,410.4 MBoed from 1,134.1. There is no consensus revenue figure in this data set, so the beat/miss framing applies only to EPS.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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