EOG said it reported fourth-quarter net income (GAAP) of $701 million in Q4 2025, or $1.30 per diluted share, and adjusted net income (non-GAAP) of $1,222 million, or $2.27 per diluted share.

1. 01

   EOG said it reported fourth-quarter net income (GAAP) of $701 million in Q4 2025, or $1.30 per diluted share, and adjusted net income (non-GAAP) of $1,222 million, or $2.27 per diluted share.

2. 02

   The company said it recorded impairments of $689 million in Q4 2025, and that certain impairments of $646 million before taxes, mainly related to the write-down of natural gas and crude oil assets in the Barnett Shale and Woodford Oil Window, were added back to adjusted net income.

3. 03

   EOG reported net cash provided by operating activities (GAAP) of $10,044 million for 2025, adjusted cash flow from operations (non-GAAP) of $10,957 million, total capital expenditures (non-GAAP) of $6,294 million, and free cash flow (non-GAAP) of $4,663 million.

4. 04

   The company said it spent $4,464 million on the acquisition of Encino Acquisition Partners, LLC, net of cash acquired, in Q3 2025. It said current and long-term debt (GAAP) was $7,936 million as of December 31, 2025, and net debt-to-total capitalization (non-GAAP) was 13.2%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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