EOG Resources Profit Margin 2006-2019 | EOG
Current and historical gross margin, operating margin and net profit margin for EOG Resources (EOG) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. EOG Resources net profit margin as of June 30, 2019 is 19.69%.
|EOG Resources Annual Profit Margins
|EOG Resources Quarterly Profit Margins
||Oil & Gas - US Exploration and Production
EOG Resources, Inc. is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Trinidad, the United Kingdom and China. EOG's strategy is to generate the best rates of return by controlling operating and capital costs while maximizing oil and natural gas reserve recoveries. EOG strives to maintain the lowest possible operating cost structure that is consistent with prudent and safe operations. The company focuses on integrating technology such as 3D seismic, core analysis, and microseismic to develop proprietary petro-physical models. In order to find and develop low-cost reserves, EOG prioritizes exploration and drilling of internally generated prospects. This strategy is intended to consistently deliver cost-effective oil and natural gas production that maximizes cash flow and earnings, allowing the company to deliver long-term shareholder value while maintaining a strong balance sheet.