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v3.25.3

Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Selected Financial Information by Reportable Segment | Financial information by reportable segment is presented below for the three-month and nine-month periods ended September 30, 2025 and 2024 (in millions):
| United States |  | Trinidad |  | Other International (1) |  | Total
Three Months Ended September 30, 2025 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 3,234 |  |  | $ | 9 |  |  | $ | — |  |  | $ | 3,243 |
NGLs | 604 |  |  | — |  |  | — |  |  | 604 |
Natural Gas | 626 |  |  | 80 |  |  | 1 |  |  | 707 |
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net | 116 |  |  | — |  |  | — |  |  | 116 |
Gathering, Processing and Marketing | 1,175 |  |  | 3 |  |  | — |  |  | 1,178 |
Losses on Asset Dispositions, Net | (18) |  |  | — |  |  | — |  |  | (18) |
Other, Net | 17 |  |  | — |  |  | — |  |  | 17 |
Operating Revenues and Other | 5,754 |  |  | 92 |  |  | 1 |  |  | 5,847 |
Lease and Well | 413 |  |  | 13 |  |  | 5 |  |  |
Gathering, Processing and Transportation Costs | 587 |  |  | — |  |  | — |  |  |
Marketing Costs | 1,134 |  |  | — |  |  | — |  |  |
Depreciation, Depletion and Amortization | 1,134 |  |  | 35 |  |  | — |  |  |
General and Administrative | 232 |  |  | 5 |  |  | 2 |  |  |
Taxes Other Than Income | 307 |  |  | 1 |  |  | 1 |  |  |
Other Segment Items (2) | 113 |  |  | 21 |  |  | 8 |  |  |
Operating Income (Loss) | 1,834 |  |  | 17 |  |  | (15) |  |  | 1,836 |
Interest Income |  |  |  |  |  |  | 57 |
Other Income |  |  |  |  |  |  | 2 |
Interest Expense, Net |  |  |  |  |  |  | (71) |
Income Before Income Taxes |  |  |  |  |  |  | $ | 1,824 |
Other Segment Disclosures: |  |  |  |  |  |  |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs (3) | 8,046 |  |  | 48 |  |  | 34 |  |  | 8,128 |
Interest Expense, Net | 71 |  |  | — |  |  | — |  |  | 71 |
Interest Income | 53 |  |  | 3 |  | 1 |  |  | 57 |
| United States |  | Trinidad |  | Other International (1) |  | Total
Three Months Ended September 30, 2024 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 3,482 |  |  | $ | 6 |  |  | $ | — |  |  | $ | 3,488 |
NGLs | 524 |  |  | — |  |  | — |  |  | 524 |
Natural Gas | 296 |  |  | 76 |  |  | — |  |  | 372 |
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net | 79 |  |  | — |  |  | — |  |  | 79 |
Gathering, Processing and Marketing | 1,481 |  |  | — |  |  | — |  |  | 1,481 |
Gains (Losses) on Asset Dispositions, Net | (8) |  |  | 1 |  |  | — |  |  | (7) |
Other, Net | 27 |  |  | 1 |  |  | — |  |  | 28 |
Operating Revenues and Other | 5,881 |  |  | 84 |  |  | — |  |  | 5,965 |
Lease and Well | 380 |  |  | 12 |  |  | — |  |  |
Gathering, Processing and Transportation Costs | 445 |  |  | — |  |  | — |  |  |
Marketing Costs | 1,500 |  |  | — |  |  | — |  |  |
Depreciation, Depletion and Amortization | 996 |  |  | 35 |  |  | — |  |  |
General and Administrative | 162 |  |  | 4 |  |  | 1 |  |  |
Taxes Other Than Income | 281 |  |  | 1 |  |  | 1 |  |  |
Other Segment Items (2) | 54 |  |  | 2 |  |  | 2 |  |  |
Operating Income (Loss) | 2,063 |  |  | 30 |  |  | (4) |  |  | 2,089 |
Interest Income |  |  |  |  |  |  | 76 |
Other Income |  |  |  |  |  |  | — |
Interest Expense, Net |  |  |  |  |  |  | (31) |
Income Before Income Taxes |  |  |  |  |  |  | $ | 2,134 |
Other Segment Disclosures: |  |  |  |  |  |  |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 1,246 |  |  | 31 |  |  | 3 |  |  | 1,280 |
Interest Expense, Net | 31 |  |  | — |  |  | — |  |  | 31 |
Interest Income | 71 |  |  | 4 |  |  | 1 |  |  | 76 |
| United States |  | Trinidad |  | Other International (1) |  | Total
Nine Months Ended September 30, 2025 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 9,489 |  |  | $ | 21 |  |  | $ | — |  |  | $ | 9,510 |
NGLs | 1,710 |  |  | — |  |  | — |  |  | 1,710 |
Natural Gas | 1,696 |  |  | 247 |  |  | 1 |  |  | 1,944 |
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net | 32 |  |  | — |  |  | — |  |  | 32 |
Gathering, Processing and Marketing | 3,761 |  |  | 4 |  |  | — |  |  | 3,765 |
Losses on Asset Dispositions, Net | (18) |  |  | — |  |  | (1) |  |  | (19) |
Other, Net | 52 |  |  | — |  |  | — |  |  | 52 |
Operating Revenues and Other | 16,722 |  |  | 272 |  |  | — |  |  | 16,994 |
Lease and Well | 1,181 |  |  | 37 |  |  | 10 |  |  |
Gathering, Processing and Transportation Costs | 1,481 |  |  | 1 |  |  | — |  |  |
Marketing Costs | 3,675 |  |  | — |  |  | — |  |  |
Depreciation, Depletion and Amortization | 3,113 |  |  | 122 |  |  | — |  |  |
General and Administrative | 572 |  |  | 13 |  |  | 11 |  |  |
Taxes Other Than Income | 947 |  |  | 3 |  |  | 1 |  |  |
Other Segment Items (2) | 274 |  |  | 61 |  |  | 50 |  |  |
Operating Income (Loss) | 5,479 |  |  | 35 |  |  | (72) |  |  | 5,442 |
Interest Income |  |  |  |  |  |  | 181 |
Other Expense |  |  |  |  |  |  | (2) |
Interest Expense, Net |  |  |  |  |  |  | (169) |
Income Before Income Taxes |  |  |  |  |  |  | $ | 5,452 |
Other Segment Disclosures: |  |  |  |  |  |  |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs (3) | 11,030 |  |  | 107 |  |  | 37 |  |  | 11,174 |
Total Property, Plant and Equipment, Net | 42,024 |  |  | 499 |  |  | 62 |  |  | 42,585 |
Total Assets | 50,783 |  |  | 1,145 |  |  | 271 |  |  | 52,199 |
Interest Expense, Net | 169 |  |  | — |  |  | — |  |  | 169 |
Interest Income | 169 |  |  | 8 |  |  | 4 |  |  | 181 |
| United States |  | Trinidad |  | Other International (1) |  | Total
Nine Months Ended September 30, 2024 |  |  |  |  |  |  |
Crude Oil and Condensate | $ | 10,646 |  |  | $ | 14 |  |  | $ | — |  |  | $ | 10,660 |
NGLs | 1,552 |  |  | — |  |  | — |  |  | 1,552 |
Natural Gas | 852 |  |  | 205 |  |  | — |  |  | 1,057 |
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net | 269 |  |  | — |  |  | — |  |  | 269 |
Gathering, Processing and Marketing | 4,458 |  |  | 1 |  |  | — |  |  | 4,459 |
Gains (Losses) on Asset Dispositions, Net | 44 |  |  | (5) |  |  | — |  |  | 39 |
Other, Net | 76 |  |  | 1 |  |  | — |  |  | 77 |
Operating Revenues and Other | 17,897 |  |  | 216 |  |  | — |  |  | 18,113 |
Lease and Well | 1,147 |  |  | 31 |  |  | — |  |  |
Gathering, Processing and Transportation Costs | 1,281 |  |  | — |  |  | — |  |  |
Marketing Costs | 4,394 |  |  | — |  |  | — |  |  |
Depreciation, Depletion and Amortization | 2,987 |  |  | 101 |  |  | 1 |  |  |
General and Administrative | 465 |  |  | 11 |  |  | 4 |  |  |
Taxes Other Than Income | 955 |  |  | 2 |  |  | 1 |  |  |
Other Segment Items (2) | 194 |  |  | 9 |  |  | 40 |  |  |
Operating Income (Loss) | 6,474 |  |  | 62 |  |  | (46) |  |  | 6,490 |
Interest Income |  |  |  |  |  |  | 208 |
Other Expense |  |  |  |  |  |  | (4) |
Interest Expense, Net |  |  |  |  |  |  | (100) |
Income Before Income Taxes |  |  |  |  |  |  | $ | 6,594 |
Other Segment Disclosures: |  |  |  |  |  |  |
Additions to Oil and Gas Properties, Excluding Dry Hole Costs | 4,089 |  |  | 112 |  |  | 4 |  |  | 4,205 |
Total Property, Plant and Equipment, Net | 33,683 |  |  | 422 |  |  | 21 |  |  | 34,126 |
Total Assets | 44,867 |  |  | 1,094 |  |  | 190 |  |  | 46,151 |
Interest Expense, Net | 100 |  |  | — |  |  | — |  |  | 100 |
Interest Income | 192 |  |  | 12 |  |  | 4 |  |  | 208 |
(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. Other Segment Items primarily relate to exploration expense in the Kingdom of Bahrain and United Arab Emirates for the three-month period ended September 30, 2025 and to exploration expense in the Kingdom of Bahrain and United Arab Emirates and impairment in Canada for the nine-month period ended September 30, 2025. (3) Includes oil and gas properties from the Encino Acquisition Partners, LLC (Encino) acquisition of $6,633 million.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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