EOG Resources (EOG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - EOG Resources reported a revenue of $5.67 billion for Q1 2025, a year-over-year decline of 7.4%, with an EPS of $2.87, slightly up from $2.82 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $5.83 billion, resulting in a surprise of -2.75%, while the EPS exceeded expectations by 4.74% [1] Financial Performance Metrics - Crude Oil Equivalent Volumes per day totaled 1,090.4 million barrels, slightly above the estimated 1,085.1 million barrels [4] - Natural Gas Volumes per day reached 2,080 million cubic feet, exceeding the estimate of 2,055.45 million cubic feet [4] - Crude Oil and Condensate Volumes per day were 502.1 million barrels, compared to the estimate of 500.57 million barrels [4] - Natural Gas Liquids Volumes per day totaled 241.7 million barrels, slightly below the estimate of 242.55 million barrels [4] - Average Crude Oil and Condensate Prices per barrel in the U.S. were $72.90, compared to the estimated $72.78 [4] - Total Production was 98.1 MBOE, exceeding the estimate of 97.8 MBOE [4] Revenue Breakdown - Revenues from Natural Gas were $637 million, below the estimate of $669.21 million, but represented a year-over-year increase of 66.8% [4] - Revenues from Crude Oil and Condensate were $3.29 billion, slightly above the estimate of $3.26 billion, but showed a year-over-year decline of 5.4% [4] - Revenues from Natural Gas Liquids reached $572 million, exceeding the estimate of $527.24 million, with a year-over-year increase of 11.5% [4] - Revenues from Gathering, Processing and Marketing were $1.34 billion, below the estimate of $1.37 billion, reflecting an 8.2% year-over-year decline [4] - Revenues from Other, Net were $19 million, below the estimate of $23.33 million, indicating a year-over-year decline of 26.9% [4] Stock Performance - EOG Resources' shares have returned -15.1% over the past month, compared to the Zacks S&P 500 composite's -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]