EOG Resources — Third Quarter 2026 Earnings Summary

EOG Resources reported third-quarter 2026 net income of $2.78 billion, or $5.33 per diluted share, driven by strong crude oil and condensate revenues of $4.39 billion. The company generated $11.45 billion in net cash provided by operating activities for the full year 2026, resulting in free cash flow of $6.47 billion after capital expenditures of $4.82 billion. Total production averaged 1,433.1 thousand barrels of oil equivalent per day in the third quarter, with crude oil volumes reaching 550.4 thousand barrels per day. Adjusted net income for the quarter was $2.54 billion, or $4.87 per diluted share, reflecting adjustments for mark-to-market derivatives and asset disposition gains.