EOG Resources (EOG) Revenue — Quarter Ended Dec 31, 2024
Revenue declined in the reporting quarter. The decrease was steeper compared to the same quarter one year ago than the sequential decline.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue declined in the reporting quarter. The decrease was steeper compared to the same quarter one year ago than the sequential decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.6B
Revenue reported for this quarter.
Quarter-over-quarter
-6.4%
Change from the immediately preceding quarter.
Year-over-year
-12.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $6.1B | +1.3% |
| Jun 30, 2024 | $6B | +8.1% |
| Sep 30, 2024 | $6B | -4.0% |
| Dec 31, 2024 | $5.6B | -12.1% |
Revenue performance
The reported revenue decreased from the immediately preceding quarter. It also fell relative to the same quarter one year earlier.
Quarterly comparison
The sequential decline extended a recent pattern of slower revenue, while the year-over-year comparison showed a more pronounced reduction.
What to watch
The continued revenue contraction may affect future quarterly performance.