EOG Resources Research and Development Expenses 2010-2024 | EOG
EOG Resources annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- EOG Resources research and development expenses for the quarter ending December 31, 2024 were $60M, a 46.34% increase year-over-year.
- EOG Resources research and development expenses for the twelve months ending December 31, 2024 were $188M, a 3.3% increase year-over-year.
- EOG Resources annual research and development expenses for 2024 were $0.188B, a 3.3% increase from 2023.
- EOG Resources annual research and development expenses for 2023 were $0.182B, a 10.78% decline from 2022.
- EOG Resources annual research and development expenses for 2022 were $0.204B, a 9.33% decline from 2021.
EOG Resources Annual Research and Development Expenses
(Millions of US $) |
| 2024 |
$188 |
| 2023 |
$182 |
| 2022 |
$204 |
| 2021 |
$225 |
| 2020 |
$159 |
| 2019 |
$168 |
| 2018 |
$154 |
| 2017 |
$150 |
| 2016 |
$136 |
| 2015 |
$164 |
| 2014 |
$233 |
| 2013 |
$236 |
| 2012 |
$201 |
| 2011 |
$225 |
| 2010 |
$260 |
| 2009 |
$221 |
EOG Resources Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-12-31 |
$60 |
| 2024-09-30 |
$43 |
| 2024-06-30 |
$39 |
| 2024-03-31 |
$46 |
| 2023-12-31 |
$41 |
| 2023-09-30 |
$43 |
| 2023-06-30 |
$47 |
| 2023-03-31 |
$51 |
| 2022-12-31 |
$48 |
| 2022-09-30 |
$53 |
| 2022-06-30 |
$55 |
| 2022-03-31 |
$48 |
| 2021-12-31 |
$85 |
| 2021-09-30 |
$48 |
| 2021-06-30 |
$48 |
| 2021-03-31 |
$44 |
| 2020-12-31 |
$41 |
| 2020-09-30 |
$51 |
| 2020-06-30 |
$27 |
| 2020-03-31 |
$40 |
| 2019-12-31 |
$37 |
| 2019-09-30 |
$59 |
| 2019-06-30 |
$36 |
| 2019-03-31 |
$36 |
| 2018-12-31 |
$34 |
| 2018-09-30 |
$33 |
| 2018-06-30 |
$52 |
| 2018-03-31 |
$35 |
| 2017-12-31 |
$27 |
| 2017-09-30 |
$31 |
| 2017-06-30 |
$35 |
| 2017-03-31 |
$57 |
| 2016-12-31 |
$39 |
| 2016-09-30 |
$36 |
| 2016-06-30 |
$30 |
| 2016-03-31 |
$30 |
| 2015-12-31 |
$35 |
| 2015-09-30 |
$32 |
| 2015-06-30 |
$43 |
| 2015-03-31 |
$54 |
| 2014-12-31 |
$63 |
| 2014-09-30 |
$65 |
| 2014-06-30 |
$48 |
| 2014-03-31 |
$56 |
| 2013-12-31 |
$46 |
| 2013-09-30 |
$59 |
| 2013-06-30 |
$83 |
| 2013-03-31 |
$48 |
| 2012-12-31 |
$51 |
| 2012-09-30 |
$48 |
| 2012-06-30 |
$59 |
| 2012-03-31 |
$43 |
| 2011-12-31 |
$37 |
| 2011-09-30 |
$71 |
| 2011-06-30 |
$43 |
| 2011-03-31 |
$74 |
| 2010-12-31 |
$66 |
| 2010-09-30 |
$50 |
| 2010-06-30 |
$69 |
| 2010-03-31 |
$74 |
| 2009-12-31 |
$52 |
| 2009-09-30 |
$48 |
| 2009-06-30 |
$68 |
| 2009-03-31 |
$53 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - US Exploration and Production |
$62.252B |
$23.698B |
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EOG Resources Inc. is primarily involved in exploring and producing oil and natural gas. The leading upstream energy player's operations are spread across the United States, China and Trinidad. In the United States, the company operates in prolific resources with huge reserves of oil and natural gas. The significant reserve bases are likely to boost the company's oil and natural gas production in the coming years. EOG Resources added that it employs technologies like horizontal drilling and advanced completion techniques to maximize production from the wells. EOG Resources' operations in Trinidad include upstream activities in fields located at South East Coast Consortium. From these resources, the company produces natural gas under supply contracts.
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