OPERATING HIGHLIGHTS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
EOG Resources, Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||||||||||||||||||||||||||||||||||||
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Wellhead | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Crude Oil & Condensate Volumes (MBbld) (1) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
United States | 44.9 | 42.9 | 51.7 | 52.0 | 47.9 | 54.1 | 57.6 | 66.6 | 74.4 | 63.2 | 81.4 | 92.3 | 108.9 | 124.8 | 102.0 | 131.0 | 150.5 | 161.3 | 154.1 | 149.3 | 178.3 | 206.5 | 227.6 | 235.4 | 212.1 | 258.1 | 274.6 | 293.2 | 301.5 | 282.0 | 298.6 | 276.5 | 278.3 | 279.9 | 283.3 | 265.8 | 265.4 | 275.7 | 306.0 | 278.3 | 312.5 | 333.1 | 327.1 | 366.9 | 335.0 | 359.7 | 379.2 | 409.2 | 430.3 | 394.8 | 435.1 | 454.9 | 463.2 | 468.3 | 455.5 | 482.7 | 330.9 | 406.8 |
Canada (6) | 3.2 | 2.9 | 4.7 | 5.5 | 4.1 | 5.8 | 6.6 | 5.9 | 8.6 | 6.7 | 8.5 | 8.8 | 6.8 | 7.6 | 7.9 | 7.5 | 6.4 | 6.7 | 7.5 | 7.0 | 7.7 | 6.4 | 6.1 | 7.7 | 7.0 | 7.2 | 5.6 | 5.3 | 5.2 | 5.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
Trinidad | 3.0 | 3.0 | 3.0 | 3.3 | 3.1 | 3.8 | 5.4 | 4.8 | 4.7 | 4.7 | 4.4 | 3.3 | 3.1 | 2.8 | 3.4 | 2.2 | 1.7 | 1.2 | 1.0 | 1.5 | 1.2 | 1.4 | 1.2 | 1.1 | 1.2 | 1.1 | 1.0 | 0.9 | 0.9 | 1.0 | 1.0 | 0.7 | 1.0 | 0.9 | 0.9 | 0.7 | 0.8 | 0.7 | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 | 1.1 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.8 | 0.5 | 0.6 | 0.5 | 0.1 | 0.3 |
Other International (2) | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | 0.2 | 0.2 | 1.4 | 1.5 | 6.2 | 4.8 | 3.4 | 2.4 | 0.8 | - | 0.1 | 0.8 | 2.7 | 4.6 | 5.0 | 4.5 | 4.3 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Total | 51.2 | 48.9 | 59.5 | 60.9 | 55.2 | 63.8 | 69.7 | 77.4 | 87.8 | 74.7 | 94.4 | 104.5 | 118.9 | 135.3 | 113.4 | 140.8 | 158.7 | 169.3 | 162.7 | 157.9 | 187.3 | 214.4 | 235.0 | 244.3 | 220.4 | 266.5 | 281.3 | 299.5 | 307.7 | 288.9 | 299.7 | 277.5 | 279.5 | 281.0 | 284.4 | 267.9 | 267.7 | 282.6 | 311.7 | 282.5 | 315.7 | 334.7 | 327.9 | 368.1 | 336.7 | 363.3 | 384.6 | 415.0 | 435.6 | 399.9 | 435.9 | 455.7 | 464.1 | 468.9 | 456.2 | 483.3 | 331.1 | 407.2 |
Natural Gas Liquids Volumes (MBbld) (1) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
United States | 21.7 | 22.1 | 23.1 | 23.3 | 22.5 | 23.7 | 27.5 | 31.1 | 35.7 | 29.5 | 34.5 | 38.4 | 43.2 | 49.6 | 41.5 | 50.3 | 54.6 | 58.1 | 57.0 | 55.1 | 58.6 | 63.7 | 68.2 | 66.6 | 64.3 | 70.8 | 78.5 | 85.8 | 83.1 | 79.7 | 77.4 | 73.4 | 77.7 | 79.1 | 76.9 | 79.4 | 84.3 | 81.9 | 80.9 | 81.6 | 78.8 | 86.6 | 87.4 | 100.6 | 88.4 | 100.6 | 112.9 | 127.8 | 122.8 | 116.1 | 119.8 | 131.1 | 141.3 | 144.0 | 134.1 | 161.3 | 101.2 | 131.2 |
Canada (6) | 1.1 | 1.0 | 1.0 | 1.1 | 1.1 | 0.9 | 0.9 | 0.8 | 0.8 | 0.9 | 0.9 | 0.7 | 0.8 | 1.1 | 0.9 | 0.8 | 0.9 | 0.9 | 0.8 | 0.8 | 0.9 | 1.0 | 0.9 | 0.8 | 0.9 | 0.8 | 0.7 | 0.6 | 0.5 | 0.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
Other International (2) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.1 | 0.1 | - | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total | 22.8 | 23.1 | 24.1 | 24.4 | 23.6 | 24.6 | 28.4 | 31.9 | 36.5 | 30.4 | 35.4 | 39.1 | 44.0 | 50.7 | 42.4 | 51.1 | 55.5 | 59.0 | 57.8 | 55.9 | 59.5 | 64.7 | 69.1 | 67.4 | 65.2 | 71.6 | 79.2 | 86.4 | 83.6 | 80.3 | 77.5 | 73.5 | 77.8 | 79.1 | 77.0 | 79.4 | 84.3 | 81.9 | 80.9 | 81.6 | 78.8 | 86.6 | 87.4 | 100.6 | 88.4 | 100.6 | 112.9 | 127.8 | 122.8 | 116.1 | 119.8 | 131.1 | 141.3 | 144.0 | 134.1 | 161.3 | 101.2 | 131.2 |
Natural Gas Volumes (MMcfd) (1) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
United States | 1,193 | 1,139 | 1,128 | 1,075 | 1,134 | 1,043 | 1,069 | 1,175 | 1,241 | 1,133 | 1,134 | 1,114 | 1,122 | 1,085 | 1,113 | 1,062 | 1,070 | 1,022 | 981 | 1,034 | 934 | 928 | 899 | 873 | 908 | 894 | 925 | 941 | 921 | 920 | 905 | 891 | 889 | 860 | 886 | 829 | 820 | 791 | 800 | 810 | 728 | 755 | 748 | 829 | 765 | 853 | 914 | 948 | 974 | 923 | 1,003 | 1,047 | 1,079 | 1,148 | 1,069 | 1,139 | 939 | 1,039 |
Canada (6) | 230 | 225 | 219 | 225 | 224 | 211 | 204 | 200 | 185 | 200 | 143 | 139 | 123 | 124 | 132 | 105 | 96 | 94 | 84 | 95 | 79 | 79 | 76 | 69 | 76 | 64 | 67 | 63 | 51 | 61 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
Trinidad | 263 | 266 | 268 | 294 | 273 | 351 | 341 | 333 | 340 | 341 | 385 | 349 | 330 | 313 | 344 | 369 | 422 | 387 | 335 | 378 | 352 | 346 | 352 | 372 | 355 | 387 | 380 | 356 | 329 | 363 | 337 | 334 | 355 | 370 | 349 | 361 | 349 | 329 | 323 | 340 | 308 | 320 | 323 | 299 | 313 | 293 | 282 | 260 | 230 | 266 | 267 | 273 | 260 | 242 | 260 | 201 | 174 | 188 |
Other International (2) | 16 | 15 | 13 | 13 | 14 | 16 | 15 | 14 | 12 | 14 | 14 | 13 | 12 | 11 | 13 | 11 | 10 | 9 | 8 | 9 | 8 | 8 | 7 | 7 | 8 | 7 | 11 | 9 | 9 | 9 | 31 | 32 | 30 | 27 | 30 | 25 | 25 | 24 | 22 | 25 | 22 | 21 | 25 | 32 | 25 | 30 | 32 | 28 | 32 | 30 | 38 | 36 | 34 | 35 | 37 | 38 | 34 | 35 |
Total | 1,702 | 1,645 | 1,628 | 1,607 | 1,645 | 1,621 | 1,629 | 1,722 | 1,778 | 1,688 | 1,676 | 1,615 | 1,587 | 1,533 | 1,602 | 1,547 | 1,598 | 1,512 | 1,408 | 1,516 | 1,373 | 1,361 | 1,334 | 1,321 | 1,347 | 1,352 | 1,383 | 1,369 | 1,310 | 1,353 | 1,273 | 1,257 | 1,274 | 1,257 | 1,265 | 1,215 | 1,194 | 1,144 | 1,145 | 1,175 | 1,058 | 1,096 | 1,096 | 1,160 | 1,103 | 1,176 | 1,228 | 1,236 | 1,236 | 1,219 | 1,308 | 1,356 | 1,373 | 1,425 | 1,366 | 1,378 | 1,147 | 1,262 |
Crude Oil Equivalent Volumes (MBoed) (3) (6) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
United States | 265.4 | 255.0 | 262.8 | 254.4 | 259.4 | 251.5 | 263.3 | 293.5 | 317.0 | 281.5 | 304.9 | 316.4 | 339.4 | 355.3 | 329.1 | 358.5 | 383.3 | 389.7 | 374.6 | 376.6 | 392.6 | 424.8 | 445.7 | 447.6 | 427.9 | 478.0 | 507.2 | 536.1 | 538.3 | 515.0 | 527.1 | 498.3 | 504.2 | 502.2 | 507.9 | 483.6 | 486.3 | 489.4 | 520.3 | 494.9 | 512.6 | 545.6 | 539.2 | 605.6 | 551.0 | 602.5 | 644.4 | 695.0 | 715.5 | 664.7 | 722.0 | 760.4 | 784.3 | 803.6 | 767.8 | 833.8 | 588.5 | 711.1 |
Canada (6) | 42.6 | 41.4 | 42.2 | 44.1 | 42.6 | 41.8 | 41.5 | 40.0 | 40.3 | 40.9 | 33.2 | 32.6 | 27.9 | 29.3 | 30.7 | 25.7 | 23.4 | 23.2 | 22.3 | 23.6 | 21.8 | 20.6 | 19.7 | 19.9 | 20.5 | 18.7 | 17.4 | 16.4 | 14.1 | 16.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
Trinidad | 46.8 | 47.3 | 47.7 | 52.3 | 48.5 | 62.4 | 62.2 | 60.3 | 61.3 | 61.5 | 68.6 | 61.4 | 58.0 | 54.9 | 60.7 | 63.8 | 72.0 | 65.7 | 56.8 | 64.5 | 59.8 | 59.0 | 59.8 | 63.0 | 60.4 | 65.6 | 64.5 | 60.1 | 55.7 | 61.5 | 57.1 | 56.5 | 60.2 | 62.7 | 59.1 | 60.8 | 59.0 | 55.6 | 54.6 | 57.5 | 52.2 | 54.1 | 54.6 | 51.0 | 53.0 | 49.8 | 47.8 | 44.1 | 39.0 | 45.1 | 45.1 | 46.1 | 44.1 | 40.9 | 44.0 | 34.0 | 29.2 | 31.6 |
Other International (2) | 2.8 | 2.5 | 2.2 | 2.3 | 2.4 | 2.8 | 2.6 | 2.5 | 2.0 | 2.5 | 2.4 | 2.2 | 2.0 | 2.0 | 2.2 | 1.8 | 1.8 | 1.7 | 1.4 | 1.7 | 1.4 | 1.5 | 1.2 | 1.3 | 1.3 | 1.2 | 1.9 | 1.5 | 1.5 | 1.5 | 5.3 | 5.7 | 5.2 | 4.6 | 5.2 | 5.5 | 5.8 | 10.2 | 8.6 | 7.6 | 5.9 | 4.2 | 4.3 | 5.4 | 4.9 | 7.6 | 10.0 | 9.7 | 10.0 | 9.4 | 6.5 | 6.3 | 5.8 | 5.8 | 6.2 | 6.3 | 5.7 | 6.1 |
Total | 357.6 | 346.2 | 354.9 | 353.1 | 352.9 | 358.5 | 369.6 | 396.3 | 420.6 | 386.4 | 409.1 | 412.6 | 427.3 | 441.5 | 422.7 | 449.8 | 480.5 | 480.3 | 455.1 | 466.4 | 475.6 | 505.9 | 526.4 | 531.8 | 510.1 | 563.5 | 591.0 | 614.1 | 609.6 | 594.7 | 589.5 | 560.5 | 569.6 | 569.5 | 572.2 | 549.9 | 551.1 | 555.2 | 583.5 | 560.0 | 570.7 | 603.9 | 598.1 | 662.0 | 608.9 | 659.9 | 702.2 | 748.8 | 764.5 | 719.2 | 773.6 | 812.8 | 834.2 | 850.3 | 818.0 | 874.1 | 623.4 | 748.8 |
Total MMBoe (3) | 32.2 | 31.5 | 32.6 | 32.5 | 128.8 | 32.3 | 33.6 | 36.5 | 38.7 | 141.1 | 36.8 | 37.5 | 39.3 | 40.6 | 154.3 | 40.9 | 43.7 | 44.2 | 41.9 | 170.7 | 42.8 | 46.0 | 48.4 | 48.9 | 186.2 | 50.7 | 53.8 | 56.5 | 56.1 | 217.1 | 53.1 | 51.0 | 52.4 | 52.4 | 208.9 | 50.0 | 50.1 | 51.1 | 53.7 | 205.0 | 51.4 | 55.0 | 55.0 | 60.9 | 222.3 | 59.4 | 63.9 | 68.9 | 70.3 | 262.5 | 69.6 | 74.0 | 76.7 | 78.2 | 298.6 | 79.5 | 56.7 | 136.3 |
Average Crude Oil & Condensate Prices ($/Bbl) (4) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
United States | $33.24 | $52.82 | $60.79 | $67.61 | $54.42 | $73.29 | $73.18 | $71.54 | $80.38 | $74.88 | $88.00 | $99.50 | $87.22 | $96.33 | $92.92 | $101.81 | $95.80 | $97.64 | $98.72 | $98.38 | $106.57 | $103.73 | $108.56 | $97.23 | $103.81 | $100.58 | $102.66 | $97.33 | $72.76 | $92.73 | $46.71 | $57.47 | $45.93 | $40.34 | $47.55 | $30.87 | $43.87 | $43.66 | $47.93 | $41.84 | $50.38 | $47.51 | $48.06 | $56.95 | $50.91 | $64.24 | $67.91 | $69.53 | $59.37 | $65.16 | $56.11 | $61.01 | $56.67 | $57.14 | $57.74 | $46.97 | $20.40 | $36.17 |
Canada (6) | 37.11 | 52.52 | 61.43 | 68.92 | 57.72 | 73.27 | 71.63 | 69.12 | 75.47 | 72.66 | 84.24 | 102.65 | 90.54 | 89.32 | 91.92 | 89.39 | 82.78 | 86.09 | 85.59 | 86.08 | 85.32 | 89.66 | 97.90 | 78.02 | 87.05 | 89.98 | 94.66 | 87.64 | 72.72 | 86.71 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
Trinidad | 33.45 | 47.50 | 57.07 | 63.44 | 50.85 | 66.45 | 68.90 | 65.06 | 74.36 | 68.80 | 86.84 | 99.49 | 89.70 | 87.02 | 90.62 | 99.25 | 88.68 | 90.84 | 83.93 | 92.26 | 94.51 | 86.96 | 94.96 | 84.91 | 90.30 | 89.93 | 94.25 | 87.87 | 63.65 | 84.63 | 39.78 | 49.53 | 38.56 | 32.38 | 39.51 | 22.78 | 35.91 | 34.81 | 40.04 | 33.76 | 41.56 | 39.64 | 39.42 | 46.56 | 42.30 | 54.86 | 60.57 | 61.71 | 51.80 | 57.26 | 43.68 | 49.56 | 48.36 | 46.73 | 47.16 | 34.93 | 0.60 | 27.75 |
Other International (2) | 46.71 | 46.75 | 57.93 | 63.64 | 53.07 | 71.37 | 73.21 | 74.14 | 74.29 | 73.11 | 85.57 | 101.52 | 110.84 | 103.46 | 100.11 | 107.15 | 91.20 | 83.59 | 87.34 | 89.57 | 95.13 | 92.28 | 81.30 | 89.97 | 89.11 | 87.20 | 91.27 | 94.31 | 87.90 | 90.03 | 43.06 | 62.40 | 61.80 | 53.28 | 57.32 | 32.33 | - | 43.53 | 38.96 | 36.72 | 47.77 | 35.13 | - | 45.72 | 57.20 | 71.61 | 70.88 | 72.81 | 70.44 | 71.45 | 60.13 | 55.07 | 59.87 | 53.76 | 57.40 | 57.51 | 48.78 | 53.41 |
Composite | 33.51 | 52.47 | 60.65 | 67.50 | 54.46 | 72.87 | 72.69 | 70.96 | 79.55 | 74.29 | 87.61 | 99.77 | 87.49 | 95.75 | 92.79 | 101.12 | 95.20 | 97.13 | 98.02 | 97.77 | 105.61 | 103.19 | 108.20 | 96.57 | 103.20 | 100.25 | 102.47 | 97.13 | 72.74 | 92.58 | 46.68 | 57.45 | 45.91 | 40.32 | 47.53 | 30.85 | 43.65 | 43.63 | 47.76 | 41.76 | 50.34 | 47.46 | 48.11 | 56.97 | 50.91 | 64.27 | 67.93 | 69.55 | 59.47 | 65.21 | 56.09 | 60.99 | 56.66 | 57.13 | 57.72 | 46.96 | 20.40 | 36.16 |
Average Natural Gas Liquids Prices ($/Bbl) (4) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
United States | $22.12 | $25.60 | $31.15 | $40.29 | $30.03 | $46.64 | $40.31 | $36.56 | $43.95 | $41.68 | $46.63 | $51.50 | $50.90 | $51.58 | $50.37 | $42.49 | $33.54 | $30.95 | $35.36 | $35.41 | $31.63 | $30.19 | $32.75 | $35.01 | $32.46 | $38.10 | $34.35 | $32.61 | $23.48 | $31.84 | $16.10 | $15.55 | $13.25 | $13.25 | $14.50 | $10.41 | $14.56 | $14.92 | $18.51 | $14.63 | $21.63 | $18.65 | $22.38 | $26.92 | $22.61 | $24.46 | $27.86 | $30.09 | $23.54 | $26.60 | $20.28 | $15.63 | $12.67 | $16.23 | $16.03 | $10.94 | $10.20 | $10.65 |
Canada (6) | 25.52 | 25.60 | 30.96 | 39.31 | 30.49 | 45.78 | 42.55 | 40.34 | 44.98 | 43.40 | 47.11 | 60.39 | 57.69 | 49.16 | 52.69 | 50.88 | 42.89 | 41.09 | 42.50 | 44.13 | 41.90 | 39.49 | 32.24 | 45.17 | 39.45 | 46.88 | 40.90 | 40.38 | 31.42 | 40.73 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
Other International (2) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.46 | 7.81 | 8.05 | - | 4.61 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Composite | 22.29 | 25.60 | 31.14 | 40.25 | 30.05 | 46.61 | 40.38 | 36.66 | 43.97 | 41.73 | 46.65 | 51.65 | 51.02 | 51.53 | 50.41 | 42.62 | 33.72 | 31.11 | 35.45 | 35.54 | 31.78 | 30.33 | 32.74 | 35.13 | 32.55 | 38.20 | 34.41 | 32.67 | 23.53 | 31.91 | 16.08 | 15.54 | 13.24 | 13.25 | 14.49 | 10.41 | 14.56 | 14.92 | 18.51 | 14.63 | 21.63 | 18.65 | 22.38 | 26.92 | 22.61 | 24.46 | 27.86 | 30.09 | 23.54 | 26.60 | 20.28 | 15.63 | 12.67 | 16.23 | 16.03 | 10.94 | 10.20 | 10.65 |
Average Natural Gas Prices ($/Mcf) (4) (5) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
United States | $4.06 | $3.37 | $3.27 | $4.21 | $3.72 | $5.24 | $4.12 | $4.21 | $3.78 | $4.30 | $4.10 | $4.24 | $4.06 | $3.27 | $3.92 | $2.46 | $2.09 | $2.61 | $2.93 | $2.51 | $3.08 | $3.73 | $3.19 | $3.28 | $3.32 | $4.96 | $4.14 | $3.48 | $3.21 | $3.93 | $2.27 | $2.11 | $2.04 | $1.44 | $1.97 | $1.27 | $1.18 | $1.94 | $2.05 | $1.60 | $2.32 | $2.14 | $2.20 | $2.17 | $2.20 | $2.76 | $2.56 | $2.67 | $3.50 | $2.88 | $2.77 | $1.98 | $1.97 | $2.20 | $2.22 | $1.50 | $1.11 | $1.32 |
Canada (6) | 4.43 | 3.40 | 3.15 | 4.41 | 3.85 | 5.22 | 3.60 | 3.42 | 3.30 | 3.91 | 3.67 | 4.16 | 3.81 | 3.14 | 3.71 | 2.45 | 2.21 | 2.39 | 2.98 | 2.49 | 3.24 | 3.17 | 2.61 | 3.34 | 3.08 | 4.70 | 4.72 | 4.05 | 3.64 | 4.32 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
Trinidad | 1.32 | 1.51 | 1.77 | 2.26 | 1.73 | 2.51 | 2.58 | 2.53 | 2.99 | 2.65 | 3.20 | 3.51 | 3.59 | 3.87 | 3.53 | 2.98 | 3.42 | 4.38 | 4.12 | 3.72 | 3.91 | 3.82 | 3.41 | 3.60 | 3.68 | 3.63 | 3.69 | 3.50 | 3.77 | 3.65 | 3.09 | 3.05 | 2.90 | 2.57 | 2.89 | 1.88 | 1.89 | 1.86 | 1.89 | 1.88 | 2.57 | 2.40 | 2.04 | 2.52 | 2.38 | 2.88 | 2.98 | 2.88 | 3.03 | 2.94 | 2.91 | 2.69 | 2.52 | 2.78 | 2.72 | 2.17 | 2.13 | 2.15 |
Other International (2) | 6.03 | 3.55 | 3.53 | 3.96 | 4.34 | 4.28 | 4.27 | 5.41 | 5.91 | 4.90 | 5.63 | 5.61 | 5.54 | 5.70 | 5.62 | 5.79 | 5.64 | 5.67 | 5.75 | 5.71 | 6.75 | 6.81 | 6.12 | 6.01 | 6.45 | 6.12 | 4.39 | 5.00 | 5.04 | 5.03 | 3.28 | 3.49 | 7.18 | 6.51 | 5.05 | 3.63 | 3.35 | 3.74 | 3.85 | 3.64 | 3.76 | 3.66 | 3.74 | 4.23 | 3.89 | 4.36 | 4.10 | 3.83 | 4.02 | 4.08 | 4.37 | 4.25 | 4.25 | 4.88 | 4.44 | 4.32 | 4.36 | 4.34 |
Composite | 3.71 | 3.07 | 3.01 | 3.88 | 3.42 | 4.64 | 3.73 | 3.80 | 3.59 | 3.93 | 3.87 | 4.08 | 3.95 | 3.40 | 3.83 | 2.61 | 2.47 | 3.07 | 3.23 | 2.83 | 3.32 | 3.73 | 3.23 | 3.39 | 3.42 | 4.58 | 4.04 | 3.52 | 3.38 | 3.88 | 2.51 | 2.40 | 2.40 | 1.88 | 2.30 | 1.50 | 1.44 | 1.95 | 2.04 | 1.73 | 2.42 | 2.25 | 2.19 | 2.31 | 2.29 | 2.83 | 2.69 | 2.74 | 3.42 | 2.92 | 2.85 | 2.19 | 2.13 | 2.36 | 2.38 | 1.67 | 1.36 | 1.53 |
(1) | Thousand barrels per day or million cubic feet per day, as applicable. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(2) | Other International includes EOG's United Kingdom operations (until disposition in 4Q 2018), China operations, Canada operations and Argentina operations (until disposition in 3Q 2016). | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(3) | Thousand barrels of oil equivalent per day or million barrels of oil equivalent, as applicable; includes crude oil and condensate, natural gas liquids (NGLs) and natural gas. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Crude oil equivalent volumes are determined using a ratio of 1.0 barrel of crude oil and condensate or NGLs to 6.0 thousand cubic feet of natural gas. MMBoe is calculated by | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
multiplying the MBoed amount by the number of days in the period and then dividing that amount by one thousand. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(4) | Dollars per barrel or per thousand cubic feet, as applicable. Excludes the impact of financial commodity derivative instruments. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(5) | Includes a positive revenue adjustment of $0.49 per Mcf and $0.44 per Mcf for the three and twelve months ended December 31, 2018, respectively, related to the adoption of ASU 2014-09, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
"Revenue From Contracts with Customers" (ASU 2014-09). In connection with the adoption of ASU 2014-09, EOG presents natural gas processing fees for certain processing and marketing | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
agreements as Gathering and Processing Costs, instead of a deduction to Natural Gas revenues. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(6) | As a result of the disposition of substantially all of EOG's Canadian operations in 4Q 2014, effective 1Q 2015, EOG's Canadian Operations are included in Other International. |
&"CB Futura CondensedBold,Regular"&8 1
CONSOLIDATED STATEMENTS OF INCOME | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
EOG Resources, Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2009 (3) | 2010 (3) | 2011 (3) | 2012 (3) | 2013 (3) | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||||||||||||||||||||||||||||||||||||
(In Millions, Except Per Share Amounts and Share Data) | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | Year |
Net Operating Revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Crude Oil and Condensate | $154.6 | $233.2 | $329.8 | $372.1 | $1,089.7 | $406.2 | $455.8 | $506.4 | $630.4 | $1,998.8 | $757.4 | $938.5 | $953.1 | $1,189.3 | $3,838.3 | $1,310.3 | $1,376.3 | $1,512.2 | $1,460.7 | $5,659.5 | $1,781.8 | $2,013.0 | $2,337.7 | $2,168.1 | $8,300.6 | $2,397.1 | $2,619.0 | $2,671.5 | $2,054.9 | $9,742.5 | $1,260.2 | $1,452.8 | $1,181.1 | $1,040.5 | $4,934.6 | $753.7 | $1,059.7 | $1,137.7 | $1,366.2 | $4,317.3 | $1,430.1 | $1,445.4 | $1,451.4 | $1,929.4 | $6,256.4 | $2,101.3 | $2,377.5 | $2,655.3 | $2,383.3 | $9,517.4 | $2,200.4 | $2,528.9 | $2,419.0 | $2,464.3 | $9,612.5 | $2,065.5 | $614.6 | $2,680.1 |
Natural Gas Liquids | 45.7 | 53.9 | 69.0 | 90.2 | 258.8 | 103.0 | 104.2 | 107.5 | 147.6 | 462.3 | 148.7 | 183.8 | 206.6 | 240.3 | 779.4 | 198.3 | 150.0 | 170.4 | 208.5 | 727.2 | 169.5 | 178.5 | 208.2 | 217.8 | 774.0 | 246.2 | 248.0 | 258.9 | 180.9 | 934.0 | 112.0 | 103.9 | 95.2 | 96.5 | 407.7 | 75.3 | 111.6 | 112.5 | 137.8 | $437.2 | 153.4 | 146.9 | 180.0 | 249.2 | 729.6 | 221.4 | 286.4 | 353.7 | 266.0 | 1,127.5 | 218.6 | 186.4 | 164.7 | 215.1 | 784.8 | 160.5 | 93.9 | 254.4 |
Natural Gas | 567.6 | 460.0 | 450.3 | 573.1 | 2,051.0 | 677.0 | 553.4 | 602.2 | 587.5 | 2,420.1 | 583.9 | 600.0 | 576.8 | 479.8 | 2,240.5 | 367.3 | 359.4 | 426.7 | 418.3 | 1,571.7 | 410.9 | 462.6 | 396.1 | 411.4 | 1,681.0 | 556.7 | 509.1 | 443.1 | 407.5 | 1,916.4 | 287.8 | 274.0 | 281.9 | 217.4 | 1,061.0 | 165.5 | 156.0 | 205.3 | 215.4 | $742.2 | 230.6 | 224.0 | 220.4 | 246.9 | 921.9 | 299.8 | 300.9 | 311.7 | 389.2 | 1,301.5 | 335.0 | 269.9 | 269.6 | 309.6 | 1,184.1 | 209.8 | 141.7 | 351.5 |
Gains (Losses) on Mark-to-Market Commodity Derivative Contracts | 351.4 | 33.6 | 20.8 | 25.9 | 431.7 | 7.8 | 37.0 | 61.0 | (43.9) | 61.9 | (66.7) | 189.6 | 357.6 | 145.5 | 626.0 | 134.2 | 188.5 | 4.6 | 66.4 | 393.7 | (105.0) | 191.5 | (293.4) | 40.6 | (166.3) | (155.7) | (229.3) | 469.1 | 750.2 | 834.3 | 76.2 | (48.5) | 29.3 | 4.9 | 61.9 | 5.4 | (44.3) | 5.1 | (65.8) | ($99.6) | 62.0 | 9.5 | (6.6) | (45.0) | 19.8 | (59.8) | (185.9) | (52.1) | 132.1 | (165.6) | (20.6) | 177.3 | 85.9 | (62.4) | 180.3 | 1,205.8 | (126.3) | 1,079.5 |
Gathering, Processing and Marketing | 37.8 | 77.3 | 134.6 | 157.4 | 407.1 | 171.9 | 195.9 | 234.0 | 307.9 | 909.7 | 395.6 | 487.7 | 578.0 | 654.5 | 2,115.8 | 718.2 | 710.7 | 764.4 | 903.4 | 3,096.7 | 923.0 | 959.4 | 872.7 | 888.6 | 3,643.7 | 1,015.4 | 1,027.8 | 1,196.9 | 806.2 | 4,046.3 | 570.3 | 678.4 | 572.1 | 432.3 | 2,253.1 | 334.0 | 485.2 | 532.5 | 614.6 | $1,966.3 | 726.5 | 778.8 | 784.4 | 1,008.4 | 3,298.1 | 1,101.8 | 1,436.4 | 1,361.0 | 1,331.1 | 5,230.4 | 1,285.7 | 1,501.4 | 1,334.5 | 1,238.8 | 5,360.3 | 1,038.6 | 362.8 | 1,401.4 |
Gains (Losses) on Asset Dispositions, Net | 0.3 | 0.5 | (0.2) | 534.8 | 535.4 | (0.7) | 8.3 | 64.8 | 151.1 | 223.5 | 71.7 | 163.8 | 207.5 | 49.9 | 492.9 | 67.5 | 113.3 | 67.3 | (55.5) | 192.6 | 164.2 | 13.2 | 8.2 | 12.0 | 197.6 | 11.5 | 3.8 | 60.4 | 431.9 | 507.6 | 1.6 | (5.6) | (1.1) | (3.7) | (8.8) | 9.2 | (15.6) | 108.2 | 104.0 | $205.8 | (16.7) | (8.9) | (8.2) | (65.2) | (99.1) | (14.9) | (6.3) | 115.9 | 79.9 | 174.6 | (4.5) | 8.0 | (0.5) | 120.0 | 123.6 | 16.5 | 13.2 | 29.7 |
Other, Net | 0.8 | 2.5 | 2.5 | 7.4 | 13.2 | 5.5 | 3.4 | 6.1 | 8.6 | 23.6 | 6.5 | 6.9 | 6.1 | 13.7 | 33.2 | 10.9 | 11.1 | 9.2 | 10.0 | 41.2 | 12.1 | 22.0 | 11.9 | 10.5 | 56.5 | 12.5 | 9.1 | 18.7 | 13.9 | 54.2 | 10.4 | 14.7 | 14.0 | 8.8 | 47.9 | 11.3 | 23.1 | 17.2 | 29.8 | $81.4 | 24.7 | 16.8 | 23.4 | 16.7 | 81.6 | 31.6 | 29.1 | 36.1 | (7.1) | 89.6 | 43.3 | 25.7 | 30.3 | 34.9 | 134.4 | 21.0 | 3.5 | 24.5 |
Total | 1,158.2 | 861.0 | 1,006.8 | 1,760.9 | 4,786.9 | 1,370.7 | 1,358.0 | 1,582.0 | 1,789.2 | 6,099.9 | 1,897.1 | 2,570.3 | 2,885.7 | 2,773.0 | 10,126.1 | 2,806.7 | 2,909.3 | 2,954.8 | 3,011.8 | 11,682.6 | 3,356.5 | 3,840.2 | 3,541.4 | 3,749.0 | 14,487.1 | 4,083.7 | 4,187.5 | 5,118.6 | 4,645.5 | 18,035.3 | 2,318.5 | 2,469.7 | 2,172.5 | 1,796.7 | 8,757.4 | 1,354.4 | 1,775.7 | 2,118.5 | 2,402.0 | 7,650.6 | 2,610.6 | 2,612.5 | 2,644.8 | 3,340.4 | 11,208.3 | 3,681.2 | 4,238.1 | 4,781.6 | 4,574.5 | 17,275.4 | 4,057.9 | 4,697.6 | 4,303.5 | 4,320.3 | 17,380.0 | 4,717.7 | 1,103.4 | 5,821.1 |
Operating Expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Lease and Well | 145.5 | 134.6 | 142.2 | 157.0 | 579.3 | 166.0 | 160.7 | 180.9 | 190.8 | 698.4 | 215.1 | 216.7 | 248.9 | 261.3 | 942.0 | 261.5 | 250.8 | 253.4 | 234.3 | 1,000.0 | 249.0 | 268.9 | 299.2 | 288.9 | 1,106.0 | 320.8 | 346.5 | 368.3 | 380.8 | 1,416.4 | 361.5 | 289.7 | 283.2 | 247.9 | 1,182.3 | 240.9 | 218.4 | 226.3 | 241.9 | 927.5 | 255.8 | 255.2 | 251.9 | 281.9 | 1,044.8 | 300.1 | 314.6 | 321.5 | 346.4 | 1,282.7 | 334.1 | 347.3 | 348.9 | 334.5 | 1,367.0 | 329.7 | 245.4 | 575.1 |
Transportation Costs | 68.9 | 66.0 | 71.0 | 77.5 | 283.4 | 88.7 | 94.4 | 103.2 | 98.9 | 385.2 | 97.6 | 102.0 | 108.7 | 122.0 | 430.3 | 131.8 | 135.4 | 164.4 | 169.8 | 601.4 | 184.3 | 224.5 | 219.7 | 224.5 | 853.0 | 243.2 | 240.6 | 246.1 | 242.3 | 972.2 | 228.3 | 209.8 | 203.6 | 207.6 | 849.3 | 190.5 | 179.4 | 200.9 | 193.3 | 764.1 | 178.7 | 186.4 | 183.6 | 191.7 | 740.4 | 177.0 | 177.8 | 196.0 | 196.1 | 746.9 | 176.5 | 174.1 | 199.4 | 208.3 | 758.3 | 208.3 | 151.7 | 360.0 |
Gathering and Processing Costs | 17.7 | 13.5 | 13.3 | 13.1 | 57.6 | 15.7 | 13.2 | 18.5 | 19.4 | 66.8 | 19.2 | 17.7 | 18.5 | 25.3 | 80.7 | 25.6 | 20.6 | 26.2 | 25.5 | 97.9 | 24.5 | 25.9 | 31.1 | 26.4 | 107.9 | 33.9 | 32.5 | 41.6 | 37.8 | 145.8 | 36.0 | 35.0 | 35.5 | 39.7 | 146.2 | 28.5 | 29.3 | 32.6 | 32.5 | 122.9 | 38.1 | 34.8 | 32.6 | 43.3 | 148.8 | 101.3 | 109.2 | 114.1 | 112.4 | 437.0 | 111.3 | 112.6 | 127.5 | 127.6 | 479.1 | 128.5 | 96.8 | 225.2 |
Exploration Costs | 49.6 | 34.3 | 44.9 | 40.8 | 169.6 | 51.2 | 50.1 | 47.3 | 38.8 | 187.4 | 50.9 | 41.2 | 48.5 | 31.0 | 171.6 | 42.8 | 48.1 | 46.0 | 48.7 | 185.6 | 44.2 | 47.3 | 39.5 | 30.4 | 161.4 | 48.1 | 42.2 | 49.0 | 45.1 | 184.4 | 39.4 | 43.8 | 31.4 | 34.9 | 149.5 | 29.8 | 30.6 | 25.5 | 39.1 | 125.0 | 56.9 | 34.7 | 30.8 | 23.0 | 145.3 | 34.8 | 47.5 | 32.8 | 33.9 | 149.0 | 35.9 | 32.5 | 34.5 | 36.5 | 139.9 | 39.7 | 27.3 | 67.0 |
Dry Hole Costs | 3.0 | 33.6 | 3.0 | 11.6 | 51.2 | 23.1 | 19.3 | 2.7 | 27.4 | 72.5 | 23.0 | 1.7 | 22.6 | 6.0 | 53.3 | - | 11.1 | 1.9 | 2.0 | 15.0 | 4.0 | 35.7 | 19.6 | 15.4 | 74.7 | 8.3 | 5.6 | 16.4 | 18.2 | 48.5 | 14.7 | (0.6) | 0.2 | 0.4 | 14.7 | 0.2 | (0.2) | 10.4 | 0.2 | 10.6 | - | - | 0.1 | 4.5 | 4.6 | - | 4.9 | 0.4 | 0.1 | 5.4 | 0.1 | 3.8 | 24.1 | - | 28.0 | 0.4 | 0.1 | 0.5 |
Impairments | 65.5 | 47.0 | 69.4 | 123.9 | 305.8 | 69.6 | 80.4 | 352.9 | 239.7 | 742.6 | 89.3 | 358.7 | 83.4 | 499.6 | 1,031.0 | 133.2 | 54.2 | 62.8 | 1,020.5 | 1,270.7 | 53.5 | 38.0 | 85.9 | 109.5 | 286.9 | 113.4 | 39.0 | 55.5 | 535.7 | 743.6 | 69.4 | 68.6 | 6,307.4 | 168.2 | 6,613.6 | 71.6 | 72.7 | 178.0 | 298.0 | 620.3 | 193.2 | 78.9 | 53.7 | 153.4 | 479.2 | 64.6 | 51.7 | 44.6 | 186.1 | 347.0 | 72.4 | 112.1 | 105.3 | 228.1 | 517.9 | 1,572.9 | 305.4 | 1,878.4 |
Marketing Costs | 32.0 | 74.1 | 131.8 | 159.6 | 397.5 | 168.7 | 191.3 | 231.7 | 292.5 | 884.2 | 385.4 | 469.4 | 572.6 | 644.7 | 2,072.1 | 705.5 | 694.1 | 755.4 | 880.5 | 3,035.5 | 904.6 | 965.6 | 876.7 | 901.9 | 3,648.8 | 1,006.3 | 1,043.5 | 1,213.7 | 862.5 | 4,126.0 | 638.7 | 670.2 | 615.2 | 461.9 | 2,386.0 | 340.9 | 480.0 | 552.5 | 634.2 | 2,007.6 | 736.5 | 790.6 | 793.5 | 1,009.6 | 3,330.2 | 1,106.4 | 1,420.4 | 1,327.0 | 1,349.4 | 5,203.2 | 1,270.0 | 1,500.9 | 1,343.3 | 1,237.3 | 5,351.5 | 1,109.0 | 444.4 | 1,553.4 |
Depreciation, Depletion and Amortization | 389.3 | 375.6 | 385.3 | 398.9 | 1,549.1 | 431.9 | 465.3 | 500.9 | 543.8 | 1,941.9 | 568.2 | 602.9 | 651.7 | 693.6 | 2,516.4 | 748.7 | 808.8 | 825.9 | 786.3 | 3,169.7 | 846.4 | 910.5 | 928.8 | 915.3 | 3,601.0 | 946.5 | 996.6 | 1,040.0 | 1,013.9 | 3,997.0 | 912.8 | 909.2 | 722.2 | 769.4 | 3,313.6 | 928.9 | 862.5 | 899.5 | 862.5 | 3,553.4 | 816.0 | 865.4 | 846.2 | 881.7 | 3,409.4 | 748.6 | 848.7 | 918.2 | 920.0 | 3,435.4 | 879.6 | 957.3 | 953.6 | 959.2 | 3,749.7 | 1,000.0 | 706.7 | 1,706.7 |
General and Administrative | 57.9 | 58.8 | 62.8 | 68.8 | 248.3 | 60.4 | 64.8 | 81.3 | 74.0 | 280.5 | 70.0 | 67.4 | 82.3 | 85.1 | 304.8 | 76.3 | 75.7 | 92.9 | 86.7 | 331.6 | 78.0 | 80.6 | 98.6 | 91.1 | 348.3 | 82.9 | 90.9 | 96.9 | 131.3 | 402.0 | 84.3 | 82.3 | 91.0 | 109.0 | 366.6 | 100.5 | 97.7 | 94.4 | 102.2 | 394.8 | 97.3 | 108.5 | 111.7 | 117.1 | 434.5 | 94.7 | 104.1 | 111.3 | 116.9 | 427.0 | 109.3 | 121.8 | 135.8 | 125.2 | 489.4 | 114.3 | 131.9 | 246.1 |
Taxes Other Than Income | 47.4 | 23.5 | 47.8 | 55.6 | 174.3 | 75.5 | 78.0 | 74.3 | 89.3 | 317.1 | 105.9 | 104.3 | 98.5 | 101.9 | 410.6 | 121.5 | 118.2 | 120.1 | 135.6 | 495.4 | 134.9 | 151.2 | 172.5 | 165.3 | 623.9 | 196.0 | 205.4 | 205.0 | 151.2 | 757.6 | 106.4 | 122.1 | 105.7 | 87.5 | 421.7 | 60.7 | 93.5 | 91.9 | 103.6 | 349.7 | 130.3 | 130.1 | 125.9 | 158.3 | 544.7 | 179.1 | 194.3 | 209.0 | 190.1 | 772.5 | 192.9 | 204.4 | 203.1 | 199.8 | 800.2 | 157.3 | 80.3 | 237.7 |
Total | 876.8 | 861.0 | 971.5 | 1,106.8 | 3,816.1 | 1,150.8 | 1,217.5 | 1,593.7 | 1,614.6 | 5,576.6 | 1,624.6 | 1,982.0 | 1,935.7 | 2,470.5 | 8,012.8 | 2,246.9 | 2,217.0 | 2,349.0 | 3,389.9 | 10,202.8 | 2,523.4 | 2,748.2 | 2,771.6 | 2,768.7 | 10,811.9 | 2,999.4 | 3,042.8 | 3,332.5 | 3,418.8 | 12,793.5 | 2,491.5 | 2,430.1 | 8,395.4 | 2,126.5 | 15,443.5 | 1,992.5 | 2,063.9 | 2,312.0 | 2,507.5 | 8,875.9 | 2,502.8 | 2,484.6 | 2,430.0 | 2,864.5 | 10,281.9 | 2,806.6 | 3,273.2 | 3,274.9 | 3,451.4 | 12,806.1 | 3,182.1 | 3,566.8 | 3,475.5 | 3,456.5 | 13,681.0 | 4,660.1 | 2,190.0 | 6,850.1 |
Operating Income (Loss) | 281.4 | - | 35.3 | 654.1 | 970.8 | 219.9 | 140.5 | (11.7) | 174.6 | 523.3 | 272.5 | 588.3 | 950.0 | 302.5 | 2,113.3 | 559.8 | 692.3 | 605.8 | (378.1) | 1,479.8 | 833.1 | 1,092.0 | 769.8 | 980.3 | 3,675.2 | 1,084.3 | 1,144.7 | 1,786.1 | 1,226.7 | 5,241.8 | (173.0) | 39.6 | (6,222.9) | (329.8) | (6,686.1) | (638.1) | (288.2) | (193.5) | (105.5) | (1,225.3) | 107.8 | 127.9 | 214.8 | 475.9 | 926.4 | 874.6 | 964.9 | 1,506.7 | 1,123.1 | 4,469.3 | 875.8 | 1,130.8 | 828.0 | 863.8 | 3,699.0 | 57.6 | (1,086.6) | (1,029.0) |
Other Income (Expense), Net | 1.8 | 1.2 | (0.3) | (0.6) | 2.1 | 2.7 | (0.6) | 5.8 | 6.4 | 14.3 | 3.6 | 6.2 | 1.4 | (4.3) | 6.9 | 10.6 | 4.7 | 7.6 | (8.4) | 14.5 | (10.2) | 4.9 | 11.2 | (8.8) | (2.9) | (3.3) | 7.9 | (21.3) | (28.4) | (45.1) | (10.0) | 9.4 | 8.6 | (6.1) | 1.9 | (4.5) | (21.0) | (7.9) | (17.2) | (50.5) | 3.1 | 5.0 | 0.2 | 0.8 | 9.2 | 0.7 | (8.5) | 3.3 | 21.2 | 16.7 | 5.6 | 8.5 | 9.1 | 8.1 | 31.4 | 18.1 | (4.5) | 13.6 |
Income (Loss) Before Interest Expense and Income Taxes | 283.2 | 1.2 | 35.0 | 653.5 | 972.9 | 222.6 | 139.9 | (5.9) | 181.0 | 537.6 | 276.1 | 594.5 | 951.4 | 298.2 | 2,120.2 | 570.4 | 697.0 | 613.4 | (386.5) | 1,494.3 | 822.9 | 1,096.9 | 781.0 | 971.5 | 3,672.3 | 1,081.0 | 1,152.6 | 1,764.8 | 1,198.3 | 5,196.7 | (183.0) | 49.0 | (6,214.3) | (335.9) | (6,684.2) | (642.6) | (309.2) | (201.4) | (122.7) | (1,275.8) | 110.9 | 132.9 | 215.1 | 476.7 | 935.6 | 875.3 | 956.4 | 1,510.0 | 1,144.3 | 4,486.0 | 881.4 | 1,139.3 | 837.1 | 871.9 | 3,730.4 | 75.7 | (1,091.1) | (1,015.4) |
Interest Expense, Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Interest Expense Incurred | 31.2 | 37.2 | 43.5 | 43.9 | 155.8 | 43.9 | 48.7 | 52.4 | 60.9 | 205.9 | 65.9 | 66.0 | 66.1 | 70.1 | 268.1 | 62.2 | 62.8 | 65.9 | 72.4 | 263.3 | 71.9 | 73.5 | 72.0 | 67.2 | 284.6 | 64.4 | 65.8 | 64.2 | 64.2 | 258.6 | 65.4 | 71.5 | 70.4 | 71.8 | 279.2 | 77.2 | 79.6 | 78.3 | 78.3 | 313.4 | 78.4 | 77.3 | 76.2 | 69.9 | 301.8 | 67.2 | 69.4 | 70.0 | 62.9 | 269.5 | 62.4 | 60.1 | 50.1 | 50.8 | 223.4 | 53.6 | 61.9 | 115.5 |
Capitalized Interest | (12.8) | (12.4) | (13.1) | (16.6) | (54.9) | (18.4) | (18.9) | (19.5) | (19.5) | (76.3) | (15.5) | (14.7) | (13.9) | (13.6) | (57.7) | (11.9) | (12.1) | (12.7) | (13.1) | (49.8) | (10.0) | (11.8) | (12.6) | (14.6) | (49.2) | (14.2) | (14.0) | (14.5) | (14.5) | (57.2) | (12.1) | (11.0) | (9.8) | (8.9) | (41.8) | (8.8) | (8.5) | (7.4) | (7.0) | (31.7) | (6.9) | (6.9) | (7.1) | (6.5) | (27.4) | (5.3) | (5.9) | (6.4) | (6.9) | (24.5) | (7.5) | (10.2) | (10.5) | (10.1) | (38.3) | (8.9) | (7.7) | (16.6) |
Income (Loss) Before Income Taxes | 264.8 | (23.6) | 4.6 | 626.2 | 872.0 | 197.1 | 110.1 | (38.8) | 139.6 | 408.0 | 225.7 | 543.2 | 899.2 | 241.7 | 1,909.8 | 520.1 | 646.3 | 560.2 | (445.8) | 1,280.8 | 761.0 | 1,035.2 | 721.6 | 918.9 | 3,436.9 | 1,030.8 | 1,100.8 | 1,715.1 | 1,148.6 | 4,995.3 | (236.3) | (11.5) | (6,274.9) | (398.9) | (6,921.6) | (711.0) | (380.3) | (272.3) | (194.0) | (1,557.5) | 39.4 | 62.5 | 146.0 | 413.4 | 661.2 | 813.4 | 892.9 | 1,446.4 | 1,088.3 | 4,241.0 | 826.5 | 1,089.4 | 797.5 | 831.2 | 3,545.3 | 31.0 | (1,145.3) | (1,114.3) |
Income Tax Provision (Benefit) | 106.1 | (6.9) | 0.4 | 225.8 | 325.4 | 79.1 | 50.2 | 32.1 | 85.9 | 247.3 | 91.7 | 247.6 | 358.3 | 121.1 | 818.7 | 196.1 | 250.5 | 204.7 | 59.2 | 710.5 | 266.3 | 375.5 | 259.1 | 338.9 | 1,239.8 | 369.9 | 394.4 | 611.5 | 704.0 | 2,079.8 | (66.6) | (16.8) | (2,199.2) | (114.5) | (2,397.1) | (239.2) | (87.7) | (82.3) | (51.6) | (460.8) | 10.9 | 39.4 | 45.4 | (2,017.1) | (1,921.4) | 174.8 | 196.2 | 255.4 | 195.5 | 822.0 | 191.5 | 241.6 | 182.3 | 194.7 | 810.4 | 21.2 | (235.9) | (214.7) |
Net Income (Loss) | $158.7 | ($16.7) | $4.2 | $400.4 | $546.6 | $118.0 | $59.9 | ($70.9) | $53.7 | $160.7 | $134.0 | $295.6 | $540.9 | $120.6 | $1,091.1 | $324.0 | $395.8 | $355.5 | ($505.0) | $570.3 | $494.7 | $659.7 | $462.5 | $580.2 | $2,197.1 | $660.9 | $706.4 | $1,103.6 | $444.6 | $2,915.5 | ($169.7) | $5.3 | ($4,075.7) | ($284.3) | ($4,524.5) | ($471.8) | ($292.6) | ($190.0) | ($142.4) | ($1,096.7) | $28.5 | $23.1 | $100.5 | $2,430.5 | $2,582.6 | $638.6 | $696.7 | $1,191.0 | $892.8 | $3,419.0 | $635.0 | $847.8 | $615.2 | $636.5 | $2,734.9 | $9.8 | ($909.4) | ($899.6) |
Diluted Net Income (Loss) Per Share | $0.33 | ($0.04) | $0.01 | $0.79 | $1.09 | $0.23 | $0.10 | ($0.15) | $0.13 | $0.32 | $0.26 | $0.55 | $1.00 | $0.22 | $2.05 | $0.60 | $0.73 | $0.66 | ($0.94) | $1.05 | $0.91 | $1.21 | $0.85 | $1.06 | $4.02 | $1.21 | $1.29 | $2.01 | $0.81 | $5.32 | ($0.31) | $0.01 | ($7.47) | ($0.52) | ($8.29) | ($0.86) | ($0.53) | ($0.35) | ($0.25) | ($1.98) | $0.05 | $0.04 | $0.17 | $4.20 | $4.46 | $1.10 | $1.20 | $2.05 | $1.54 | $5.89 | $1.09 | $1.46 | $1.06 | $1.10 | $4.71 | $0.02 | ($1.57) | ($1.55) |
Dividends Declared per Common Share | $0.073 | $0.073 | $0.073 | $0.073 | $0.292 | $0.078 | $0.078 | $0.078 | $0.078 | $0.310 | $0.080 | $0.080 | $0.080 | $0.080 | $0.320 | $0.085 | $0.085 | $0.085 | $0.085 | $0.340 | $0.09375 | $0.09375 | $0.09375 | $0.09375 | $0.3750 | $0.1250 | $0.1250 | $0.1675 | $0.1675 | $0.5850 | $0.1675 | $0.1675 | $0.1675 | $0.1675 | $0.6700 | $0.1675 | $0.1675 | $0.1675 | $0.1675 | $0.6700 | $0.1675 | $0.1675 | $0.1675 | $0.1675 | $0.6700 | $0.1850 | $0.1850 | $0.2200 | $0.2200 | $0.8100 | $0.2200 | $0.2875 | $0.2875 | $0.2875 | $1.0825 | $0.3750 | $0.3750 | $0.7500 |
Average Number of Common Shares (in thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic | 495,982 | 496,414 | 499,070 | 500,254 | 497,992 | 500,740 | 501,650 | 502,030 | 502,730 | 501,752 | 510,400 | 531,659 | 532,107 | 532,554 | 525,470 | 533,348 | 533,748 | 535,883 | 537,882 | 535,155 | 538,717 | 540,033 | 540,941 | 541,857 | 540,341 | 542,278 | 543,099 | 543,984 | 544,579 | 543,443 | 544,998 | 545,504 | 545,920 | 546,432 | 545,697 | 546,715 | 547,335 | 547,838 | 567,337 | 553,384 | 573,935 | 574,439 | 574,783 | 575,394 | 574,620 | 575,775 | 576,135 | 577,254 | 577,035 | 576,578 | 577,207 | 577,460 | 577,839 | 578,219 | 577,670 | 578,462 | 578,719 | 578,581 |
Diluted (2) | 500,408 | 496,414 | 504,844 | 506,986 | 503,768 | 507,738 | 509,006 | 502,030 | 509,433 | 509,000 | 517,639 | 538,664 | 538,584 | 539,048 | 532,536 | 540,485 | 539,970 | 541,963 | 537,882 | 541,524 | 544,526 | 545,477 | 547,152 | 547,966 | 546,227 | 548,071 | 548,676 | 549,518 | 549,153 | 548,539 | 544,998 | 549,683 | 545,920 | 546,432 | 545,697 | 546,715 | 547,335 | 547,838 | 567,337 | 553,384 | 578,593 | 578,483 | 578,736 | 579,203 | 578,693 | 579,726 | 580,375 | 581,559 | 580,288 | 580,441 | 580,222 | 580,247 | 581,271 | 580,849 | 580,777 | 580,283 | 578,719 | 578,581 |
Market Price Per Share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
High (1) | $36.42 | $39.56 | $42.22 | $50.88 | $50.88 | $50.22 | $57.48 | $54.24 | $51.03 | $57.48 | $60.72 | $59.91 | $53.94 | $53.10 | $60.72 | $59.99 | $57.17 | $59.85 | $62.25 | $62.25 | $69.10 | $69.50 | $86.96 | $94.15 | $94.15 | $99.75 | $118.89 | $118.81 | $103.04 | $118.89 | $97.88 | $101.36 | $87.85 | $89.52 | $101.36 | $77.70 | $86.87 | $97.20 | $109.37 | $109.37 | $106.79 | $100.53 | $98.37 | $109.66 | $109.66 | $119.00 | $128.03 | $131.60 | $133.53 | $133.53 | $101.37 | $107.89 | $95.29 | $84.69 | $107.89 | $89.54 | $62.43 | $89.54 |
Low (1) | 22.52 | 26.55 | 30.15 | 39.69 | 22.52 | 43.39 | 46.64 | 42.71 | 43.00 | 42.71 | 45.42 | 48.31 | 34.78 | 33.41 | 33.41 | 49.91 | 41.24 | 43.77 | 53.88 | 41.24 | 60.38 | 56.03 | 66.62 | 78.01 | 56.03 | 80.63 | 96.01 | 97.45 | 81.07 | 80.63 | 82.72 | 86.15 | 68.15 | 69.30 | 68.15 | 57.15 | 69.66 | 78.04 | 88.94 | 57.15 | 92.91 | 85.88 | 81.99 | 94.87 | 81.99 | 96.54 | 98.80 | 113.70 | 82.04 | 82.04 | 85.20 | 80.41 | 70.83 | 64.33 | 64.33 | 27.00 | 33.55 | 27.00 |
Close | 27.38 | 33.96 | 41.76 | 48.65 | 48.65 | 46.47 | 49.19 | 46.49 | 45.71 | 45.71 | 59.26 | 52.28 | 35.51 | 49.26 | 49.26 | 55.55 | 45.06 | 56.03 | 60.40 | 60.40 | 64.04 | 65.84 | 84.64 | 83.92 | 83.92 | 98.09 | 116.86 | 99.02 | 92.07 | 92.07 | 91.69 | 87.55 | 72.80 | 70.79 | 70.79 | 72.58 | 83.42 | 96.71 | 101.10 | 101.10 | 97.55 | 90.52 | 96.74 | 107.91 | 107.91 | 105.27 | 124.43 | 127.57 | 87.21 | 87.21 | 95.18 | 93.16 | 74.22 | 83.76 | 83.76 | 35.92 | 50.66 | 50.66 |
(1) Based on intra-day prices. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(2) In the periods where EOG realizes a Net Loss, the same number of shares are used in the calculation of both basic and diluted earnings per share. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(3) All share and per-share amounts for years 2009, 2010, 2011, 2012, and 2013 have been restated to reflect the 2-1 stock split effective March 31, 2014. |
&"CB Futura CondensedBold,Regular"&8 2
QUANTITATIVE RECONCILIATION OF ADJUSTED NET INCOME (LOSS) (NON-GAAP) TO NET INCOME (LOSS) (GAAP) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
BEFORE-TAX | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 (1) | 2017 (1) | 2018 (1) | 2019 | 2020 | |||||||||||||||||||||||||||||||||||||||||||||||
(In Millions, Except Per Share Data) | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | Year |
Income (Loss) before Income Taxes (GAAP) | ($710.9) | ($380.3) | ($272.3) | ($194.0) | ($1,557.5) | $39.4 | $62.5 | $146.0 | $413.4 | $661.2 | $813.4 | $892.9 | $1,446.4 | $1,088.3 | $4,241.0 | $827.2 | $1,089.4 | $797.5 | $831.2 | $3,545.3 | $31.0 | ($1,145.3) | ($1,114.3) | |||||||||||||||||||||||||||||||||||
Mark-to-Market (MTM) Commodity Derivative Contracts Impact | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total (Gains) Losses | (351.4) | (33.6) | (20.9) | (25.9) | (431.8) | (7.8) | (37.0) | (61.0) | 43.9 | (61.9) | 66.7 | (189.6) | (357.7) | (145.4) | (626.0) | (134.2) | (188.5) | (4.6) | (66.4) | (393.7) | 105.0 | (191.5) | 293.4 | (40.6) | 166.3 | 155.7 | 229.3 | (469.1) | (750.2) | (834.3) | (76.2) | 48.5 | (29.2) | (4.9) | (61.9) | (5.4) | 44.4 | (5.1) | 65.8 | 99.6 | (62.0) | (9.5) | 6.6 | 45.0 | (19.8) | 59.8 | 185.9 | 52.0 | (132.1) | 165.6 | 20.6 | (177.3) | (85.9) | 62.4 | (180.3) | (1,205.7) | 126.3 | (1,079.4) |
Net Cash Received from (Payments for) Settlements of Commodity Derivative Contracts | 311.0 | 344.8 | 331.3 | 290.6 | 1,277.6 | 23.0 | 15.8 | (13.6) | (18.2) | 7.0 | 25.0 | 6.3 | 52.5 | 96.9 | 180.7 | 133.6 | 173.2 | 249.1 | 155.5 | 711.4 | 67.0 | 68.9 | (20.6) | 1.1 | 116.4 | (34.0) | (86.9) | (68.0) | 222.9 | 34.0 | 367.7 | 193.4 | 99.9 | 69.1 | 730.1 | 17.7 | (14.8) | (25.0) | - | (22.2) | 1.9 | 0.7 | 2.1 | 2.7 | 7.4 | (22.0) | (66.4) | (91.9) | (78.6) | (258.9) | 20.9 | 10.4 | 108.4 | 91.5 | 231.2 | 84.3 | 639.4 | 723.8 |
Subtotal | (40.4) | 311.2 | 310.4 | 264.7 | 845.8 | 15.2 | (21.2) | (74.6) | 25.7 | (54.9) | 91.7 | (183.3) | (305.2) | (48.5) | (445.3) | (0.6) | (15.3) | 244.5 | 89.1 | 317.7 | 172.0 | (122.6) | 272.8 | (39.5) | 282.7 | 121.7 | 142.4 | (537.1) | (527.3) | (800.3) | 291.5 | 241.9 | 70.7 | 64.0 | 668.2 | 12.3 | 29.6 | (30.1) | 65.8 | 77.4 | (60.1) | (8.8) | 8.7 | 47.7 | (12.4) | 37.8 | 119.5 | (39.9) | (210.7) | (93.3) | 41.5 | (166.9) | 22.5 | 153.9 | 50.9 | (1,121.4) | 765.7 | (355.6) |
Impact of One-Time Items | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Add: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Impairments of Certain Assets | - | - | 102.8 | 217.8 | 320.6 | 137.8 | 23.4 | - | 100.3 | 261.4 | 20.9 | - | - | 131.8 | 152.7 | 23.7 | 65.3 | 27.2 | 158.7 | 275.0 | 1,516.3 | 239.2 | 1,755.5 | |||||||||||||||||||||||||||||||||||
Acquisition Costs | - | - | 2.9 | 2.2 | 5.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Tax Expense Related to the Repatriation of Accumulated | - | - | - | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Foreign Earnings in Future Years | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||||||||||||
Legal Settlement - Early Leasehold Termination | - | - | - | - | - | - | 10.2 | - | - | 10.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Severance Costs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Trinidad Tax Settlement | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Voluntary Retirements Expense | 22.4 | 19.7 | - | - | 42.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Acquisition - State Appointment Change | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||||||||||||
Joint Venture Transaction Costs | - | - | - | - | - | - | 3.1 | - | - | 3.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Joint Interest Billings Deemed Uncollectible | - | - | - | - | - | - | - | - | 4.5 | 4.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Less: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Gains on Property Exchange, Net of Tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Gains on Sale of California Assets, Net of Tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net (Gains) Losses on Asset Dispositions | (9.2) | 15.6 | (108.2) | (104.1) | (205.9) | 16.7 | 8.9 | 8.2 | 65.2 | 99.1 | 14.9 | 6.4 | (115.9) | (79.9) | (174.6) | 3.8 | (8.0) | 0.5 | (120.0) | (123.6) | (16.5) | (13.2) | (29.7) | |||||||||||||||||||||||||||||||||||
Tax Reform Impact | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Texas Margin Tax Rate Reduction | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||||||
Adjusted Income (Loss) before Income Taxes (Non-GAAP) | ($685.4) | ($315.4) | ($304.9) | ($12.3) | ($1,318.2) | $133.8 | $99.3 | $162.9 | $631.1 | $1,027.1 | $887.0 | $1,018.8 | $1,290.6 | $929.5 | $4,125.8 | $896.2 | $979.8 | $847.7 | $1,023.8 | $3,747.6 | $409.4 | ($153.6) | $255.9 | |||||||||||||||||||||||||||||||||||
INCOME TAX IMPACT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 (1) | 2017 (1) | 2018 (1) | 2019 (1) | 2020 (1) | |||||||||||||||||||||||||||||||||||||||||||||||
(In Millions, Except Per Share Data) | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | Year |
Income Tax Benefit (Provision) | $239.1 | $87.7 | $82.3 | $51.7 | $460.8 | ($10.9) | ($39.4) | ($45.4) | $2,017.1 | $1,921.4 | ($174.8) | ($196.2) | ($255.4) | ($195.6) | ($822.0) | ($191.8) | ($241.6) | ($182.3) | ($194.7) | ($810.4) | ($21.2) | $235.9 | $214.7 | |||||||||||||||||||||||||||||||||||
Mark-to-Market (MTM) Commodity Derivative Contracts Impact | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total (Gains) Losses | 2.0 | (15.8) | 1.7 | (23.6) | (35.6) | 22.2 | 3.4 | (2.4) | (16.1) | 7.1 | (13.1) | (40.9) | (11.4) | 29.1 | (36.5) | (4.5) | 38.9 | 18.9 | (13.7) | 39.6 | 264.6 | (27.7) | 236.9 | |||||||||||||||||||||||||||||||||||
Net Cash Received from (Payments for) Settlements of Commodity Derivative Contracts | (6.4) | 5.3 | 8.9 | - | 7.9 | (0.7) | (0.2) | (0.8) | (1.0) | (2.7) | 4.8 | 14.6 | 20.2 | 17.3 | 57.0 | (4.6) | (2.2) | (23.8) | (20.1) | (50.8) | (18.5) | (140.3) | (158.8) | |||||||||||||||||||||||||||||||||||
Subtotal | (4.4) | (10.5) | 10.6 | (23.6) | (27.7) | 21.5 | 3.2 | (3.2) | (17.1) | 4.4 | (8.3) | (26.3) | 8.8 | 46.4 | 20.5 | (9.1) | 36.7 | (4.9) | (33.8) | (11.2) | 246.1 | (168.0) | 78.1 | |||||||||||||||||||||||||||||||||||
Impact of One-Time Items | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Add: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Impairments of Certain Assets | - | - | (36.6) | (76.7) | (113.3) | (49.3) | (8.5) | - | (36.0) | (93.7) | (4.6) | - | - | (29.0) | (33.6) | (5.2) | (14.3) | (6.0) | (34.8) | (60.3) | (320.0) | (48.4) | (368.3) | |||||||||||||||||||||||||||||||||||
Acquisition Costs | - | - | (1.0) | 1.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Tax Expense Related to the Repatriation of Accumulated | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||||||||||||||||
Foreign Earnings in Future Years | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||||||||||||||||
Legal Settlement - Early Leasehold Termination | - | - | - | - | - | - | (3.7) | - | - | (3.7) | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Severance Costs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Trinidad Tax Settlement | - | 43.0 | - | - | 43.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Voluntary Retirements Expense | (8.0) | (7.0) | - | (0.1) | (15.1) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Acquisition - State Appointment Change | - | - | - | 16.4 | 16.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Joint Venture Transaction Costs | - | - | - | - | - | - | (1.1) | - | - | (1.1) | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Joint Interest Billings Deemed Uncollectible | - | - | - | - | - | - | - | - | (1.6) | (1.6) | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Less: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Gains on Property Exchange, Net of Tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Gains on Sale of California Assets, Net of Tax | 1.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net (Gains) Losses on Asset Dispositions | 3.3 | (7.4) | 28.8 | 36.9 | 61.5 | (5.7) | (3.1) | (3.1) | (23.3) | (35.2) | (3.3) | (1.4) | 28.9 | 13.6 | 37.9 | (0.8) | 1.7 | (0.1) | 26.3 | 27.3 | 3.7 | 2.9 | 6.5 | |||||||||||||||||||||||||||||||||||
Tax Reform Impact | - | - | - | - | - | - | - | - | (2,169.4) | (2,169.4) | (6.5) | - | (57.1) | (46.6) | (110.3) | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Texas Margin Tax Rate Reduction | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||||
Adjusted Income Tax Benefit (Provision) (Non-GAAP) | $230.0 | $105.8 | $84.1 | $5.6 | $425.6 | ($44.4) | ($52.6) | ($51.5) | ($230.3) | ($378.9) | ($197.5) | ($223.9) | ($274.8) | ($211.2) | ($907.5) | ($206.9) | ($217.5) | ($193.3) | ($237.0) | ($854.6) | ($91.4) | $22.4 | ($69.0) | |||||||||||||||||||||||||||||||||||
AFTER-TAX | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 (1) | 2017 (1) | 2018 (1) | 2019 (1) | 2020 (1) | |||||||||||||||||||||||||||||||||||||||||||||||
(In Millions, Except Per Share Data) | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Year | 1st Qtr | 2nd Qtr | Year |
Reported Net Income (Loss) (GAAP) | $158.7 | ($16.7) | $4.2 | $400.4 | $546.6 | $118.0 | $59.9 | ($70.9) | $53.7 | $160.7 | $134.0 | $295.6 | $540.9 | $120.6 | $1,091.1 | $324.0 | $395.8 | $355.5 | ($505.0) | $570.3 | $494.7 | $659.7 | $462.5 | $580.2 | $2,197.1 | $660.9 | $706.4 | $1,103.6 | $444.6 | $2,915.5 | ($169.7) | $5.3 | ($4,075.7) | ($284.3) | ($4,524.5) | ($471.8) | ($292.6) | ($190.0) | ($142.3) | ($1,096.7) | $28.5 | $23.1 | $100.5 | $2,430.5 | $2,582.6 | $638.6 | $696.7 | $1,191.0 | $892.7 | $3,419.0 | $635.4 | $847.8 | $615.2 | $636.5 | $2,734.9 | $9.8 | ($909.4) | ($899.6) |
Mark-to-Market (MTM) Commodity Derivative Contracts Impact | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total (Gains) Losses | (3.4) | 28.5 | (3.3) | 42.2 | 64.0 | (39.8) | (6.0) | 4.2 | 28.9 | (12.7) | 46.6 | 144.9 | 40.6 | (103.0) | 129.1 | 16.0 | (138.4) | (67.0) | 48.7 | (140.7) | (941.1) | 98.6 | (842.5) | |||||||||||||||||||||||||||||||||||
Net Cash Received from (Payments for) Settlements of Commodity Derivative Contracts | 11.3 | (9.5) | (16.1) | - | (14.3) | 1.2 | 0.4 | 1.4 | 1.7 | 4.8 | (17.1) | (51.7) | (71.7) | (61.3) | (201.9) | 16.3 | 8.2 | 84.6 | 71.4 | 180.4 | 65.8 | 499.1 | 564.9 | |||||||||||||||||||||||||||||||||||
After-Tax MTM Impact | (26.0) | 200.3 | 199.7 | 169.9 | 543.9 | 9.7 | (13.5) | (47.8) | 16.4 | (35.2) | 58.6 | (117.4) | (195.4) | (31.0) | (285.2) | (0.4) | (9.8) | 156.6 | 57.0 | 203.4 | 110.1 | (78.5) | 174.6 | (24.9) | 181.3 | 78.1 | 91.3 | (344.6) | (339.8) | (515.0) | 187.6 | 155.7 | 45.4 | 41.3 | 430.0 | 7.9 | 19.0 | (19.4) | 42.2 | 49.7 | (38.6) | (5.6) | 5.6 | 30.6 | (8.0) | 29.5 | 93.2 | (31.1) | (164.3) | (72.8) | 32.3 | (130.2) | 17.6 | 120.1 | 39.7 | (875.3) | 597.7 | (277.6) |
Impact of One-Time Items | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Add: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Impairments of Certain Assets, Net of Tax | - | - | - | - | - | - | - | 208.3 | 122.3 | 330.6 | 30.3 | 226.2 | 10.6 | 249.1 | 516.2 | 37.1 | 1.5 | - | 849.4 | 888.0 | - | 2.0 | 2.4 | - | 4.4 | 36.1 | - | - | 517.0 | 553.1 | - | - | 4,047.2 | 78.1 | 4,125.4 | - | - | 66.1 | 141.2 | 207.3 | 88.5 | 14.9 | - | 64.4 | 167.7 | 16.3 | - | - | 102.8 | 119.1 | 18.5 | 51.0 | 21.2 | 123.9 | 214.7 | 1,196.3 | 190.8 | 1,387.2 |
Write-off of Fees Associated with Revolving Credit Facilities, Net of Tax | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.7 | 3.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Acquisition Costs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.9 | 3.1 | 5.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Tax Expense Related to the Repatriation of Accumulated | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Foreign Earnings in Future Years | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 249.9 | 249.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Legal Settlement - Early Leasehold Termination, net of tax | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.5 | 12.5 | - | - | - | - | - | - | 6.5 | - | - | 6.5 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Severance Costs, Net of Tax | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.5 | - | - | 5.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Trinidad Tax Settlement | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 43.0 | - | - | 43.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Voluntary Retirements Expense, Net of Tax | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.4 | 12.7 | - | (0.1) | 27.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Acquisition - State Appointment Change | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.4 | 16.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Joint Venture Transaction Costs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.0 | - | - | 2.0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Joint Interest Billings Deemed Uncollectible | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.9 | 2.9 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Less: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Gains on Property Exchange, Net of Tax | - | - | - | (244.2) | (244.2) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Gains on Sale of California Assets, Net of Tax | - | - | - | (91.8) | (91.8) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net (Gains) Losses on Asset Dispositions, Net of Tax | - | - | - | - | - | 0.4 | (5.3) | (41.5) | (96.3) | (142.7) | (45.9) | (105.2) | (132.9) | (33.5) | (317.5) | (43.2) | (75.1) | (43.4) | 35.6 | (126.1) | (114.9) | (9.4) | (5.2) | (7.2) | (136.7) | (7.4) | (1.7) | (38.4) | (439.8) | (487.3) | (1.1) | 6.1 | (3.4) | 2.9 | 4.5 | (5.9) | 8.2 | (79.4) | (67.2) | (144.3) | 11.0 | 5.8 | 5.1 | 41.9 | 63.8 | 11.6 | 4.9 | (87.0) | (66.3) | (136.7) | 3.1 | (6.3) | 0.4 | (93.6) | (96.4) | (12.8) | (10.3) | (23.2) |
Changes in Fair Value of Contingent Consideration Liability, Net of Tax | - | - | - | - | - | (9.9) | (1.5) | (1.5) | (1.6) | (14.5) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Tax Reform Impact | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (2,169.4) | (2,169.4) | (6.5) | - | (57.1) | (46.7) | (110.3) | - | - | - | - | - | - | - | - |
Texas Margin Tax Rate Reduction | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (19.5) | - | - | (19.5) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Adjusted Net Income (Loss) (Non-GAAP) | $132.7 | $183.6 | $203.9 | $234.3 | $754.5 | $118.2 | $39.6 | $46.6 | $94.5 | $298.9 | $177.0 | $299.2 | $223.2 | $308.9 | $1,008.3 | $317.5 | $312.4 | $468.7 | $437.0 | $1,535.6 | $489.9 | $573.8 | $634.3 | $548.1 | $2,246.1 | $767.7 | $796.0 | $720.6 | $431.9 | $2,716.2 | $16.8 | $153.1 | $13.5 | ($149.5) | $33.9 | ($455.4) | ($209.7) | ($220.8) | ($6.7) | ($892.6) | $89.4 | $46.7 | $111.3 | $400.9 | $648.2 | $689.5 | $794.8 | $1,015.8 | $718.2 | $3,218.3 | $689.3 | $762.3 | $654.4 | $786.9 | $2,892.9 | $318.0 | ($131.2) | $186.8 |
Adjusted Net Income (Loss) Per Share (Non-GAAP) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Basic | $0.27 | $0.37 | $0.41 | $0.47 | $1.52 | $0.24 | $0.08 | $0.10 | $0.19 | $0.60 | $0.35 | $0.57 | $0.42 | $0.58 | $1.92 | $0.60 | $0.59 | $0.88 | $0.81 | $2.87 | $0.91 | $1.07 | $1.18 | $1.01 | $4.16 | $1.42 | $1.47 | $1.32 | $0.79 | $5.00 | $0.03 | $0.28 | $0.02 | ($0.27) | $0.06 | ($0.83) | ($0.38) | ($0.40) | ($0.01) | ($1.61) | $0.16 | $0.08 | $0.19 | $0.70 | $1.13 | $1.20 | $1.38 | $1.76 | $1.24 | $5.58 | $1.19 | $1.32 | $1.13 | $1.36 | $5.01 | $0.55 | ($0.23) | $0.32 |
Diluted | $0.27 | $0.37 | $0.41 | $0.46 | $1.50 | $0.24 | $0.08 | $0.09 | $0.19 | $0.59 | $0.34 | $0.56 | $0.42 | $0.58 | $1.90 | $0.59 | $0.58 | $0.87 | $0.81 | $2.84 | $0.90 | $1.05 | $1.16 | $1.00 | $4.11 | $1.40 | $1.45 | $1.31 | $0.79 | $4.95 | $0.03 | $0.28 | $0.02 | ($0.27) | $0.06 | ($0.83) | ($0.38) | ($0.40) | ($0.01) | ($1.61) | $0.15 | $0.08 | $0.19 | $0.69 | $1.12 | $1.19 | $1.37 | $1.75 | $1.24 | $5.54 | $1.19 | $1.31 | $1.13 | $1.35 | $4.98 | $0.55 | ($0.23) | $0.32 |
(1) In accordance with SEC guidance related to the disclosure of non-GAAP financial measures, beginning with 1Q 2016, EOG will provide Before-Tax and After-Tax GAAP to Non-GAAP Net Income (Loss) reconciliations (and related income tax impact information) on a go-forward basis. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(2) All share and per-share amounts for years 2009, 2010, 2011, 2012, and 2013 have been restated to reflect the 2-1 stock split effective March 31, 2014. |
&A
CONSOLIDATED BALANCE SHEETS | ||||||||||||||||||||||||||||||||||||||||||||||
EOG Resources, Inc. | ||||||||||||||||||||||||||||||||||||||||||||||
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 (1) | 2017 (2) | 2018 | 2019 (3) | 2020 | |||||||||||||||||||||||||||||||||||
(In Millions, Except Share Data) | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 |
Assets | ||||||||||||||||||||||||||||||||||||||||||||||
Current Assets | ||||||||||||||||||||||||||||||||||||||||||||||
Cash and Cash Equivalents | $85.2 | $707.0 | $608.5 | $685.8 | $230.1 | $650.1 | $27.8 | $788.9 | $1,668.3 | $1,577.4 | $1,386.7 | $615.7 | $294.0 | $280.4 | $1,112.6 | $876.4 | $1,108.0 | $1,228.0 | $1,318.8 | $1,318.2 | $1,667.2 | $1,230.1 | $1,481.1 | $2,087.2 | $2,127.4 | $1,367.4 | $742.7 | $718.5 | $668.5 | $779.7 | $1,048.7 | $1,599.9 | $1,546.6 | $1,649.4 | $846.1 | $834.2 | $816.1 | $1,008.2 | $1,274.1 | $1,555.6 | $1,135.8 | $1,160.5 | $1,583.1 | $2,027.9 | $2,906.9 | $2,416.5 |
Accounts Receivable, Net | 558.1 | 570.2 | 604.3 | 771.4 | 869.1 | 810.1 | 897.7 | 1,113.2 | 1,228.5 | 1,279.7 | 1,249.7 | 1,451.2 | 1,543.5 | 1,375.1 | 1,579.8 | 1,656.6 | 1,891.2 | 1,809.0 | 1,849.5 | 1,658.8 | 1,801.7 | 1,902.3 | 2,009.1 | 1,779.3 | 1,266.6 | 1,304.9 | 1,123.1 | 930.6 | 780.6 | 935.6 | 920.2 | 1,216.3 | 1,187.1 | 1,114.5 | 1,243.5 | 1,597.5 | 1,702.1 | 1,908.0 | 2,151.2 | 1,915.2 | 2,203.4 | 2,002.0 | 1,928.0 | 2,001.7 | 1,449.6 | 943.4 |
Inventories | 242.6 | 243.6 | 240.2 | 261.7 | 313.1 | 306.6 | 381.3 | 415.7 | 481.8 | 540.1 | 580.4 | 590.6 | 561.5 | 620.3 | 657.9 | 683.2 | 697.5 | 657.4 | 566.0 | 563.3 | 635.4 | 667.1 | 672.9 | 706.6 | 764.2 | 661.2 | 660.3 | 598.9 | 538.9 | 495.8 | 429.6 | 350.0 | 314.2 | 336.2 | 344.0 | 483.9 | 584.7 | 671.0 | 767.0 | 859.4 | 860.8 | 853.1 | 778.1 | 767.3 | 662.4 | 676.5 |
Assets from Price Risk Management Activities | 857.0 | 606.6 | 290.6 | 20.9 | 9.6 | 18.7 | 60.7 | 48.2 | 45.5 | 109.2 | 365.0 | 450.7 | 451.4 | 421.1 | 248.7 | 166.1 | 32.7 | 105.7 | 44.5 | 8.3 | - | - | 132.9 | 465.1 | 329.8 | 106.8 | 71.5 | - | 4.1 | - | 2.2 | - | 1.1 | 4.7 | 3.3 | 7.7 | 0.8 | 1.9 | 1.6 | 23.8 | 3.9 | 135.0 | 122.6 | 1.3 | 932.9 | 207.0 |
Income Taxes Receivable | 5.2 | 19.1 | 27.1 | 37.0 | 42.2 | 30.7 | 89.4 | 54.9 | 30.6 | 27.7 | 28.0 | 26.6 | 24.6 | 28.4 | 54.0 | 29.2 | 24.5 | 23.5 | 42.3 | 4.8 | 0.2 | 24.5 | 18.0 | 71.6 | 61.1 | 48.4 | 53.7 | 40.7 | 39.0 | 4.9 | 0.2 | 12.3 | 80.5 | 91.3 | 126.9 | 113.3 | 262.8 | 364.1 | 321.0 | 427.9 | 440.2 | 121.3 | 135.7 | 151.7 | 309.3 | 197.0 |
Deferred Income Taxes | 6.8 | - | - | - | 5.1 | 1.2 | - | 9.3 | 28.1 | - | - | - | - | - | 121.0 | - | 102.0 | 157.0 | 127.7 | 244.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
Other | 54.8 | 63.8 | 61.0 | 62.7 | 76.7 | 98.8 | 77.6 | 97.2 | 114.8 | 103.8 | 125.6 | 119.1 | 167.0 | 222.8 | 226.1 | 178.4 | 225.1 | 260.3 | 243.2 | 274.0 | 288.3 | 415.2 | 332.4 | 286.6 | 225.6 | 209.4 | 133.1 | 155.7 | 157.7 | 187.4 | 199.7 | 206.7 | 264.6 | 187.3 | 200.1 | 242.5 | 218.6 | 278.7 | 302.2 | 275.5 | 263.8 | 223.6 | 272.2 | 323.4 | 229.9 | 157.0 |
Total | 1,809.7 | 2,210.3 | 1,831.7 | 1,839.5 | 1,545.9 | 1,916.2 | 1,534.5 | 2,527.4 | 3,597.6 | 3,637.9 | 3,735.4 | 3,253.9 | 3,042.0 | 2,948.1 | 4,000.1 | 3,589.9 | 4,081.0 | 4,240.9 | 4,192.0 | 4,072.0 | 4,392.8 | 4,239.2 | 4,646.4 | 5,396.4 | 4,774.7 | 3,698.1 | 2,784.4 | 2,444.4 | 2,188.8 | 2,403.4 | 2,600.6 | 3,385.2 | 3,394.1 | 3,383.4 | 2,763.9 | 3,279.1 | 3,585.1 | 4,231.9 | 4,817.1 | 5,057.4 | 4,907.9 | 4,495.5 | 4,819.7 | 5,273.3 | 6,491.0 | 4,597.4 |
Property, Plant and Equipment | ||||||||||||||||||||||||||||||||||||||||||||||
Oil and Gas Properties (Successful Efforts Method) | 21,460.2 | 22,292.1 | 23,515.4 | 24,614.3 | 25,725.2 | 26,647.2 | 28,208.6 | 29,263.8 | 30,526.4 | 31,588.9 | 32,196.3 | 33,664.4 | 35,092.3 | 35,562.4 | 37,021.2 | 38,126.3 | 39,075.1 | 40,262.6 | 41,887.9 | 42,821.8 | 44,324.0 | 46,270.7 | 47,912.9 | 46,503.5 | 47,727.9 | 48,936.1 | 50,025.2 | 50,613.2 | 51,159.3 | 51,355.6 | 50,466.0 | 49,592.1 | 50,195.6 | 50,973.8 | 51,717.0 | 52,555.7 | 53,854.4 | 55,319.1 | 56,799.2 | 57,330.0 | 58,691.7 | 60,214.1 | 61,620.0 | 62,830.4 | 64,046.4 | 64,406.3 |
Other Property, Plant and Equipment | 1,086.1 | 1,172.5 | 1,261.5 | 1,350.1 | 1,417.6 | 1,490.1 | 1,598.5 | 1,733.1 | 1,863.0 | 1,871.5 | 1,993.8 | 2,150.0 | 2,277.0 | 2,375.9 | 2,609.5 | 2,740.6 | 2,769.6 | 2,847.0 | 2,954.1 | 2,967.1 | 3,128.4 | 3,374.3 | 3,571.6 | 3,751.0 | 3,849.2 | 3,840.2 | 3,890.9 | 3,986.6 | 4,004.3 | 4,001.1 | 4,013.6 | 4,008.6 | 3,977.7 | 3,883.8 | 3,934.1 | 3,960.8 | 4,082.8 | 4,141.4 | 4,192.0 | 4,220.7 | 4,277.9 | 4,328.7 | 4,394.5 | 4,472.3 | 4,648.8 | 4,665.8 |
Less: Accumulated Depreciation, Depletion and Amortization | (8,539.7) | (9,018.9) | (9,524.3) | (9,825.2) | (10,325.9) | (10,713.0) | (11,557.3) | (12,316.0) | (12,748.0) | (13,463.5) | (13,453.9) | (14,525.6) | (15,235.5) | (15,248.6) | (15,944.2) | (17,529.2) | (17,906.7) | (18,529.2) | (19,242.8) | (19,640.1) | (20,454.0) | (21,449.6) | (22,267.6) | (21,081.8) | (21,855.4) | (22,801.1) | (29,640.8) | (30,389.1) | (31,362.2) | (32,143.8) | (31,835.2) | (27,893.6) | (28,566.8) | (29,277.4) | (29,926.5) | (30,851.5) | (31,561.6) | (32,306.7) | (33,043.5) | (33,475.2) | (33,840.6) | (34,818.4) | (35,810.2) | (36,938.1) | (39,001.1) | (39,838.6) |
Total Property, Plant and Equipment, Net | 14,006.6 | 14,445.7 | 15,252.6 | 16,139.2 | 16,816.9 | 17,424.3 | 18,249.8 | 18,680.9 | 19,641.4 | 19,996.9 | 20,736.2 | 21,288.8 | 22,133.8 | 22,689.7 | 23,686.5 | 23,337.7 | 23,938.0 | 24,580.4 | 25,599.2 | 26,148.8 | 26,998.4 | 28,195.4 | 29,216.9 | 29,172.7 | 29,721.7 | 29,975.2 | 24,275.3 | 24,210.7 | 23,801.4 | 23,212.9 | 22,644.4 | 25,707.1 | 25,606.5 | 25,580.2 | 25,724.6 | 25,665.0 | 26,375.6 | 27,153.8 | 27,947.7 | 28,075.5 | 29,129.0 | 29,724.4 | 30,204.3 | 30,364.6 | 29,694.1 | 29,233.5 |
Long-Term Assets Held for Sale | ||||||||||||||||||||||||||||||||||||||||||||||
Deferred Income Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 108.4 | 121.4 | 123.1 | 20.2 | 19.3 | 20.5 | 19.7 | 19.1 | 18.6 | 17.2 | 16.9 | 16.1 | 16.2 | 16.8 | 17.5 | 17.5 | 18.2 | 17.1 | 16.9 | 0.8 | 1.2 | 1.5 | 2.0 | 2.4 | 2.6 | 1.8 |
Other Assets | 167.4 | 136.8 | 137.0 | 140.0 | 146.3 | 125.2 | 160.6 | 415.9 | 306.5 | 324.6 | 323.1 | 296.1 | 375.6 | 356.9 | 340.4 | 403.9 | 208.8 | 251.3 | 351.8 | 349.4 | 291.2 | 377.8 | 395.0 | 169.3 | 171.3 | 165.8 | 168.3 | 160.7 | 165.2 | 162.2 | 168.4 | 190.8 | 195.2 | 283.2 | 299.3 | 871.4 | 761.6 | 689.6 | 856.0 | 800.8 | 1,625.4 | 1,530.1 | 1,516.3 | 1,484.3 | 1,446.4 | 1,389.0 |
Total Assets | $15,983.7 | $16,792.8 | $17,221.3 | $18,118.7 | $18,509.1 | $19,465.7 | $19,944.9 | $21,624.2 | $23,545.5 | $23,959.4 | $24,794.7 | $24,838.8 | $25,551.4 | $25,994.7 | $28,027.0 | $27,331.5 | $28,227.8 | $29,072.6 | $30,143.0 | $30,570.2 | $31,790.8 | $32,933.8 | $34,381.4 | $34,758.6 | $34,687.0 | $33,859.6 | $27,247.7 | $26,834.9 | $26,174.0 | $25,795.7 | $25,430.3 | $29,299.2 | $29,212.0 | $29,263.6 | $28,805.3 | $29,833.1 | $30,740.5 | $32,092.4 | $33,637.7 | $33,934.5 | $35,663.5 | $35,751.5 | $36,542.3 | $37,124.6 | $37,634.1 | $35,221.7 |
Liabilities and Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||||||||
Current Liabilities | ||||||||||||||||||||||||||||||||||||||||||||||
Accounts Payable | $774.4 | $720.1 | $783.8 | $979.2 | $1,134.3 | $1,255.7 | $1,541.3 | $1,664.9 | $1,839.0 | $1,870.2 | $1,926.5 | $2,033.6 | $2,289.9 | $2,235.6 | $2,151.1 | $2,078.9 | $2,258.2 | $2,201.9 | $2,247.7 | $2,254.4 | $2,647.2 | $2,661.5 | $2,775.3 | $2,860.5 | $2,182.1 | $1,864.5 | $1,561.6 | $1,472.0 | $1,182.0 | $1,305.7 | $1,296.2 | $1,511.8 | $1,556.9 | $1,615.2 | $1,635.7 | $1,847.1 | $1,915.7 | $2,336.9 | $2,435.8 | $2,239.9 | $2,452.3 | $2,387.4 | $2,395.1 | $2,429.1 | $2,892.3 | $1,281.2 |
Accrued Taxes Payable | 78.9 | 78.5 | 86.3 | 92.9 | 90.2 | 90.1 | 114.8 | 82.2 | 136.9 | 148.6 | 157.3 | 147.1 | 123.4 | 142.2 | 168.7 | 162.1 | 155.1 | 161.6 | 200.5 | 159.4 | 270.9 | 228.5 | 258.0 | 140.1 | 121.7 | 164.3 | 174.9 | 93.6 | 93.1 | 138.3 | 143.3 | 118.4 | 143.7 | 155.5 | 180.3 | 148.9 | 179.6 | 213.5 | 249.2 | 214.7 | 239.5 | 268.8 | 302.8 | 254.8 | 200.3 | 193.8 |
Dividends Payable | 35.9 | 36.0 | 36.3 | 36.3 | 38.8 | 38.9 | 38.9 | 39.0 | 40.3 | 43.0 | 43.0 | 42.6 | 45.3 | 45.5 | 45.7 | 45.8 | 50.5 | 50.6 | 50.8 | 50.8 | 67.8 | 67.9 | 91.1 | 91.6 | 91.3 | 91.5 | 91.4 | 91.5 | 91.6 | 91.7 | 91.8 | 96.1 | 96.2 | 96.1 | 96.3 | 96.4 | 106.5 | 106.6 | 126.8 | 127.0 | 127.0 | 166.0 | 166.2 | 166.3 | 216.9 | 217.0 |
Liabilities from Price Risk Management Activities | 9.6 | 11.8 | 16.4 | 27.2 | 40.3 | 42.2 | 29.1 | 28.3 | 105.2 | 12.4 | - | - | 25.8 | - | - | 7.6 | 14.1 | 5.5 | 174.6 | 127.5 | 227.0 | 338.3 | - | - | - | - | - | - | - | 1.3 | - | 61.8 | 7.6 | - | 2.8 | 50.4 | 84.1 | 195.5 | 132.6 | - | 0.8 | - | - | 20.2 | - | - |
Deferred Income Taxes | 296.5 | 213.4 | 114.3 | 35.4 | 20.7 | 9.9 | 45.4 | 41.7 | 7.9 | 50.2 | 139.6 | 136.0 | 122.9 | 121.1 | 2.8 | 22.8 | 2.2 | 4.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
Current Portion of Long-Term Debt | - | 37.0 | 37.0 | 37.0 | 37.0 | - | - | 220.0 | 220.0 | 220.0 | 220.0 | - | - | - | - | 406.6 | 406.6 | 406.6 | 406.6 | 6.6 | 6.6 | 6.6 | 6.6 | 6.6 | 506.6 | 6.6 | 36.3 | 6.6 | 6.6 | 6.6 | 6.6 | 6.6 | 6.6 | 606.5 | 6.6 | 356.2 | 363.2 | 1,262.5 | 1,262.9 | 913.1 | 914.9 | 1,013.9 | 1,014.2 | 1,014.5 | 519.0 | 21.1 |
Current Portion of Operating Lease Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 396.3 | 396.5 | 384.3 | 369.4 | 322.4 | 252.6 |
Other | 88.0 | 92.9 | 127.1 | 137.6 | 131.8 | 121.4 | 168.8 | 144.0 | 150.9 | 131.8 | 179.9 | 163.0 | 152.9 | 135.6 | 210.1 | 200.2 | 188.0 | 189.9 | 267.1 | 263.0 | 176.1 | 234.7 | 245.4 | 174.8 | 130.9 | 150.7 | 182.8 | 155.6 | 174.7 | 168.7 | 195.1 | 232.6 | 221.0 | 249.0 | 258.3 | 226.5 | 187.7 | 182.3 | 217.8 | 233.7 | 170.5 | 181.4 | 211.1 | 232.7 | 154.1 | 188.7 |
Total | 1,283.3 | 1,189.7 | 1,201.2 | 1,345.6 | 1,493.1 | 1,558.2 | 1,938.3 | 2,220.1 | 2,500.2 | 2,476.2 | 2,666.3 | 2,522.3 | 2,760.2 | 2,680.0 | 2,578.4 | 2,924.0 | 3,074.7 | 3,020.4 | 3,347.3 | 2,861.7 | 3,395.6 | 3,537.5 | 3,376.4 | 3,273.6 | 3,032.6 | 2,277.6 | 2,047.0 | 1,819.3 | 1,548.0 | 1,712.3 | 1,733.0 | 2,027.3 | 2,032.0 | 2,722.3 | 2,180.0 | 2,725.5 | 2,836.8 | 4,297.3 | 4,425.1 | 3,728.4 | 4,301.3 | 4,414.0 | 4,473.7 | 4,487.0 | 4,305.0 | 2,154.4 |
Long-Term Debt | 2,105.1 | 2,760.0 | 2,760.0 | 2,760.0 | 2,760.0 | 3,734.1 | 3,768.6 | 5,003.3 | 5,004.7 | 5,006.3 | 5,007.8 | 5,009.2 | 5,006.4 | 5,008.0 | 6,299.8 | 5,900.5 | 5,901.1 | 5,901.6 | 5,902.2 | 5,902.6 | 5,898.2 | 5,898.5 | 5,898.9 | 5,899.3 | 6,388.2 | 6,388.7 | 6,389.0 | 6,648.9 | 6,979.0 | 6,979.3 | 6,979.5 | 6,979.8 | 6,980.0 | 6,380.3 | 6,380.4 | 6,030.8 | 6,071.6 | 5,172.3 | 5,172.0 | 5,170.2 | 5,166.0 | 4,165.3 | 4,163.1 | 4,160.9 | 4,703.2 | 5,703.1 |
Other Liabilities | 514.1 | 550.3 | 609.1 | 632.7 | 635.2 | 618.7 | 695.9 | 667.5 | 680.7 | 718.7 | 768.5 | 799.2 | 802.6 | 791.3 | 842.2 | 894.8 | 864.0 | 795.3 | 846.8 | 865.1 | 922.6 | 991.5 | 1,084.4 | 939.4 | 959.1 | 986.7 | 970.3 | 971.4 | 985.7 | 978.5 | 975.8 | 1,282.1 | 1,248.1 | 1,199.8 | 1,215.1 | 1,275.2 | 1,301.9 | 1,304.6 | 1,302.2 | 1,258.4 | 1,772.2 | 1,803.5 | 1,858.4 | 1,789.9 | 2,064.2 | 2,138.7 |
Deferred Income Taxes | 2,965.6 | 3,033.3 | 3,133.3 | 3,382.4 | 3,455.9 | 3,423.7 | 3,424.0 | 3,501.7 | 3,571.5 | 3,681.0 | 3,858.3 | 3,867.2 | 3,990.4 | 4,160.3 | 4,513.2 | 4,327.4 | 4,631.7 | 4,970.7 | 5,185.1 | 5,522.4 | 5,541.1 | 5,797.9 | 6,301.8 | 6,933.7 | 6,836.6 | 6,779.4 | 4,557.2 | 4,452.3 | 4,255.8 | 4,068.9 | 3,943.7 | 5,028.4 | 5,023.7 | 5,059.5 | 5,107.6 | 3,518.2 | 3,689.6 | 3,865.8 | 4,199.9 | 4,413.4 | 4,520.2 | 4,738.4 | 4,922.8 | 5,046.1 | 5,091.1 | 4,837.9 |
Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||||||||
Preferred Stock, Series B (1) | ||||||||||||||||||||||||||||||||||||||||||||||
Common Stock, $0.01 Par, 1,280,000,000 Shares Authorized | ||||||||||||||||||||||||||||||||||||||||||||||
and 582,386,649 Shares and 582,213,016 Shares Issued | ||||||||||||||||||||||||||||||||||||||||||||||
at June 30, 2020 and December 31, 2019, respectively | 202.5 | 202.5 | 202.5 | 202.5 | 202.5 | 202.5 | 202.5 | 202.5 | 202.7 | 202.7 | 202.7 | 202.7 | 202.7 | 202.7 | 202.7 | 202.7 | 202.7 | 202.7 | 202.7 | 202.7 | 205.5 | 205.5 | 205.5 | 205.5 | 205.5 | 205.5 | 205.5 | 205.5 | 205.5 | 205.5 | 205.5 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 | 205.8 |
Additional Paid in Capital | 349.2 | 395.1 | 528.6 | 596.7 | 620.4 | 656.6 | 695.0 | 730.0 | 2,148.5 | 2,181.1 | 2,230.6 | 2,272.1 | 2,345.5 | 2,374.1 | 2,459.5 | 2,500.4 | 2,539.6 | 2,576.4 | 2,614.9 | 2,646.9 | 2,697.8 | 2,728.5 | 2,785.7 | 2,837.2 | 2,819.0 | 2,857.6 | 2,897.4 | 2,923.4 | 2,951.8 | 2,982.1 | 2,992.9 | 5,420.4 | 5,447.2 | 5,485.8 | 5,513.6 | 5,536.5 | 5,569.2 | 5,591.6 | 5,626.3 | 5,658.8 | 5,695.2 | 5,729.3 | 5,769.1 | 5,817.5 | 5,852.8 | 5,886.3 |
Accumulated Other Comprehensive Income (Loss) | (21.7) | 130.5 | 291.6 | 339.7 | 405.2 | 314.6 | 375.9 | 440.1 | 485.4 | 492.9 | 372.4 | 401.7 | 429.5 | 400.1 | 451.4 | 439.9 | 427.8 | 408.3 | 425.3 | 415.8 | 402.8 | 426.6 | 387.7 | (23.1) | (36.4) | (28.0) | (35.0) | (33.3) | (31.1) | (25.3) | (25.1) | (19.0) | (18.7) | (17.5) | (17.2) | (19.3) | (14.3) | (17.5) | (19.5) | (1.4) | (2.9) | (4.5) | (3.7) | (4.7) | (3.3) | (6.1) |
Retained Earnings | 8,588.7 | 8,535.6 | 8,502.9 | 8,866.8 | 8,945.7 | 8,966.2 | 8,855.9 | 8,870.2 | 8,963.5 | 9,213.4 | 9,711.2 | 9,789.3 | 10,067.5 | 10,417.4 | 10,726.8 | 10,175.6 | 10,619.4 | 11,228.0 | 11,639.3 | 12,168.3 | 12,760.9 | 13,398.9 | 14,410.7 | 14,763.1 | 14,501.8 | 14,414.9 | 10,247.4 | 9,870.8 | 9,308.5 | 8,923.7 | 8,641.7 | 8,398.1 | 8,330.0 | 8,256.4 | 8,260.0 | 10,593.5 | 11,125.0 | 11,714.7 | 12,778.1 | 13,543.1 | 14,050.7 | 14,731.6 | 15,179.4 | 15,648.6 | 15,440.1 | 14,312.5 |
Common Stock Held in Treasury, 142,025 Shares and 298,820 | ||||||||||||||||||||||||||||||||||||||||||||||
Shares at June 30, 2020 and December 31, 2019, respectively | (3.1) | (4.2) | (7.9) | (7.7) | (8.9) | (8.9) | (11.2) | (11.2) | (11.7) | (12.9) | (23.1) | (24.9) | (53.4) | (39.2) | (47.0) | (33.8) | (33.2) | (30.8) | (20.6) | (15.3) | (33.7) | (51.1) | (69.7) | (70.1) | (19.4) | (22.8) | (31.1) | (23.4) | (29.2) | (29.3) | (16.7) | (23.7) | (36.1) | (28.8) | (40.0) | (33.3) | (45.1) | (42.2) | (52.2) | (42.2) | (45.0) | (31.9) | (26.3) | (26.5) | (24.8) | (10.9) |
Total Stockholders' Equity | 9,115.6 | 9,259.5 | 9,517.7 | 9,998.0 | 10,164.9 | 10,131.0 | 10,118.1 | 10,231.6 | 11,788.4 | 12,077.2 | 12,493.8 | 12,640.9 | 12,991.8 | 13,355.1 | 13,793.4 | 13,284.8 | 13,756.3 | 14,384.6 | 14,861.6 | 15,418.4 | 16,033.3 | 16,708.4 | 17,719.9 | 17,712.6 | 17,470.5 | 17,427.2 | 13,284.2 | 12,943.0 | 12,405.5 | 12,056.7 | 11,798.3 | 13,981.6 | 13,928.2 | 13,901.7 | 13,922.2 | 16,283.3 | 16,840.6 | 17,452.4 | 18,538.5 | 19,364.1 | 19,903.8 | 20,630.3 | 21,124.3 | 21,640.7 | 21,470.6 | 20,387.6 |
Total Liabilities and Stockholders' Equity | $15,983.7 | $16,792.8 | $17,221.3 | $18,118.7 | $18,509.1 | $19,465.7 | $19,944.9 | $21,624.2 | $23,545.5 | $23,959.4 | $24,794.7 | $24,838.8 | $25,551.4 | $25,994.7 | $28,027.0 | $27,331.5 | $28,227.8 | $29,072.6 | $30,143.0 | $30,570.1 | $31,790.8 | $32,933.8 | $34,381.4 | $34,758.6 | $34,687.0 | $33,859.6 | $27,247.7 | $26,834.9 | $26,174.0 | $25,795.7 | $25,430.3 | $29,299.2 | $29,212.0 | $29,263.6 | $28,805.3 | $29,833.1 | $30,740.5 | $32,092.4 | $33,637.7 | $33,934.5 | $35,663.5 | $35,751.5 | $36,542.3 | $37,124.6 | $37,634.1 | $35,221.7 |
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||||||||||||||||||||||||
Net Debt-to-Total Capitalization Ratio (Non-GAAP) | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 |
Total Stockholders' Equity - (a) | $9,115.6 | $9,259.5 | $9,517.7 | $9,998.0 | $10,164.9 | $10,131.0 | $10,118.1 | $10,231.6 | $11,788.4 | $12,077.2 | $12,493.8 | $12,640.9 | $12,991.8 | $13,355.1 | $13,793.4 | $13,284.8 | $13,756.3 | $14,384.6 | $14,861.6 | $15,418.4 | $16,033.3 | $16,708.4 | $17,719.9 | $17,712.6 | $17,470.5 | $17,427.2 | $13,284.2 | $12,943.0 | $12,405.5 | $12,056.7 | $11,798.3 | $13,981.6 | $13,928.2 | $13,901.7 | $13,922.2 | $16,283.3 | $16,840.6 | $17,452.4 | $18,538.5 | $19,364.1 | $19,903.8 | $20,630.3 | $21,124.3 | $21,640.7 | $21,470.6 | $20,387.6 |
Current and Long-Term Debt (GAAP) - (b) | 2,105.1 | 2,797.0 | 2,797.0 | 2,797.0 | 2,797.0 | 3,734.1 | 3,768.6 | 5,223.3 | 5,224.7 | 5,226.3 | 5,227.8 | 5,009.2 | 5,006.4 | 5,008.0 | 6,299.8 | 6,312.2 | 6,307.7 | 6,308.2 | 6,308.8 | 5,913.2 | 5,904.8 | 5,905.1 | 5,905.5 | 5,910.0 | 6,894.8 | 6,395.3 | 6,425.3 | 6,660.3 | 6,985.6 | 6,985.9 | 6,986.1 | 6,986.4 | 6,986.6 | 6,986.8 | 6,387.0 | 6,387.0 | 6,434.8 | 6,434.8 | 6,434.9 | 6,083.3 | 6,080.9 | 5,179.2 | 5,177.3 | 5,175.4 | 5,222.2 | 5,724.2 |
Less: Cash | (85.2) | (707.0) | (608.5) | (685.8) | (230.1) | (650.1) | (27.8) | (788.9) | (1,668.3) | (1,577.4) | (1,386.7) | (615.7) | (294.0) | (280.4) | (1,112.6) | (876.4) | (1,108.0) | (1,228.0) | (1,318.8) | (1,318.2) | (1,667.2) | (1,230.1) | (1,481.1) | (2,087.2) | (2,127.4) | (1,367.4) | (742.7) | (718.5) | (668.5) | (779.7) | (1,048.7) | (1,599.9) | (1,546.6) | (1,649.4) | (846.1) | (834.2) | (816.1) | (1,008.2) | (1,274.1) | (1,555.6) | (1,135.8) | (1,160.5) | (1,583.1) | (2,027.9) | (2,906.9) | (2,416.5) |
Net Debt (Non-GAAP) - (c) | 2,019.9 | 2,090.0 | 2,188.5 | 2,111.2 | 2,566.9 | 3,084.0 | 3,740.8 | 4,434.4 | 3,556.4 | 3,648.9 | 3,841.1 | 4,393.5 | 4,712.4 | 4,727.6 | 5,187.2 | 5,435.8 | 5,199.7 | 5,080.2 | 4,990.0 | 4,595.0 | 4,237.6 | 4,675.0 | 4,424.4 | 3,822.8 | 4,767.4 | 5,027.9 | 5,682.6 | 5,941.8 | 6,317.1 | 6,206.2 | 5,937.4 | 5,386.5 | 5,440.0 | 5,337.4 | 5,540.9 | 5,552.8 | 5,618.7 | 5,426.6 | 5,160.8 | 4,527.7 | 4,945.1 | 4,018.7 | 3,594.2 | 3,147.5 | 2,315.3 | 3,307.7 |
Total Capitalization (GAAP) - (a) + (b) | $11,220.7 | $12,056.5 | $12,314.7 | $12,795.0 | $12,961.9 | $13,865.1 | $13,886.7 | $15,454.9 | $17,013.1 | $17,303.5 | $17,721.6 | $17,650.1 | $17,998.2 | $18,363.1 | $20,093.2 | $19,597.0 | $20,064.0 | $20,692.8 | $21,170.4 | $21,331.6 | $21,938.1 | $22,613.5 | $23,625.4 | $23,622.6 | $24,365.3 | $23,822.5 | $19,709.5 | $19,603.3 | $19,391.1 | $19,042.6 | $18,784.4 | $20,968.0 | $20,914.8 | $20,888.5 | $20,309.2 | $22,670.3 | $23,275.4 | $23,887.2 | $24,973.4 | $25,447.4 | $25,984.7 | $25,809.5 | $26,301.6 | $26,816.1 | $26,692.8 | $26,111.8 |
Total Capitalization (Non-GAAP) - (a) + (c) | $11,135.5 | $11,349.5 | $11,706.2 | $12,109.2 | $12,731.8 | $13,215.0 | $13,858.9 | $14,666.0 | $15,344.8 | $15,726.1 | $16,334.9 | $17,034.4 | $17,704.2 | $18,082.7 | $18,980.6 | $18,720.6 | $18,956.0 | $19,464.8 | $19,851.6 | $20,013.4 | $20,270.9 | $21,383.4 | $22,144.3 | $21,535.4 | $22,237.9 | $22,455.1 | $18,966.8 | $18,884.8 | $18,722.6 | $18,262.9 | $17,735.7 | $19,368.1 | $19,368.2 | $19,239.1 | $19,463.1 | $21,836.1 | $22,459.3 | $22,879.0 | $23,699.3 | $23,891.8 | $24,848.9 | $24,649.0 | $24,718.5 | $24,788.2 | $23,785.9 | $23,695.3 |
Debt-to-Total Capitalization (GAAP) - (b) / [(a) + (b)] | 19% | 23% | 23% | 22% | 22% | 27% | 27% | 34% | 31% | 30% | 29% | 28% | 28% | 27% | 31% | 32% | 31% | 30% | 30% | 28% | 27% | 26% | 25% | 25% | 28% | 27% | 33% | 34% | 36% | 37% | 37% | 33% | 33% | 33% | 31% | 28% | 28% | 27% | 26% | 24% | 23% | 20% | 20% | 19% | 20% | 22% |
Net Debt-to-Total Capitalization (Non-GAAP) - (c) / [(a) + (c)] | 18% | 18% | 19% | 17% | 20% | 23% | 27% | 30% | 23% | 23% | 24% | 26% | 27% | 26% | 27% | 29% | 27% | 26% | 25% | 23% | 21% | 22% | 20% | 18% | 21% | 22% | 30% | 31% | 34% | 34% | 33% | 28% | 28% | 28% | 28% | 25% | 25% | 24% | 22% | 19% | 20% | 16% | 15% | 13% | 10% | 14% |
(1) Effective January 1, 2016, EOG adopted the provisions of Accounting Standards Update (ASU) 2015-03, "Interest - Computation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs" (ASU 2015-03). ASU 2015-03 requires that debt issuance costs be presented in the balance sheet as a direct reduction from the related debt liability rather than as an asset. In connection with the adoption of ASU 2015-03, EOG restated its balance sheets during the years 2012, 2013, 2014 and 2015 to reclassify unamortized debt issuance costs from "Other Assets" to "Long-Term Debt." Debt issuance costs related to EOG's senior unsecured credit facility remain classified as "Other Assets." Periods prior to these have not been restated for the effects of this ASU. | ||||||||||||||||||||||||||||||||||||||||||||||
(2) Effective January 1, 2017, EOG adopted the provisions of ASU 2015-17, "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes" (ASU 2015-17), which simplifies the presentation of deferred taxes in a classified balance sheet by eliminating the requirement to separate deferred income tax liabilities and assets into current and noncurrent amounts. Instead, ASU 2015-17 requires that all deferred tax liabilities and assets be shown as noncurrent in a classfied balance sheet. In connection with the adoption of ASU 2015-17, EOG restated its balance sheets during the years 2014, 2015, and 2016 to reclassify current deferred income tax assets as noncurrent. Periods prior to these have not been restated for the effects of this ASU. | ||||||||||||||||||||||||||||||||||||||||||||||
(1) Effective January 1, 2016, EOG adopted the provisions of Accounting Standards Update (ASU) 2015-03, "Interest - Computation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt | ||||||||||||||||||||||||||||||||||||||||||||||
Issuance Costs" (ASU 2015-03). ASU 2015-03 requires that debt issuance costs be presented in the balance sheet as a direct reduction from the related debt liability rather than as an asset. In | ||||||||||||||||||||||||||||||||||||||||||||||
connection with the adoption of ASU 2015-03, EOG restated its balance sheets during the years 2012, 2013, 2014 and 2015 to reclassify unamortized debt issuance costs from "Other Assets" to "Long- | ||||||||||||||||||||||||||||||||||||||||||||||
Term Debt." Debt issuance costs related to EOG's senior unsecured credit facility remain classified as "Other Assets." Periods prior to these have not been restated for the effects of this ASU. | ||||||||||||||||||||||||||||||||||||||||||||||
(2) Effective January 1, 2017, EOG adopted the provisions of ASU 2015-17, "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes" (ASU 2015-17), which simplifies the | ||||||||||||||||||||||||||||||||||||||||||||||
presentation of deferred taxes in a classified balance sheet by eliminating the requirement to separate deferred income tax liabilities and assets into current and noncurrent amounts. Instead, ASU 2015- | ||||||||||||||||||||||||||||||||||||||||||||||
17 requires that all deferred tax liabilities and assets be shown as noncurrent in a classfied balance sheet. In connection with the adoption of ASU 2015-17, EOG restated its balance sheets during the | ||||||||||||||||||||||||||||||||||||||||||||||
years 2014, 2015, and 2016 to reclassify current deferred income tax assets as noncurrent. Periods prior to these have not been restated for the effects of this ASU. | ||||||||||||||||||||||||||||||||||||||||||||||
(3) Effective January 1, 2019, EOG adopted the provisions of Accounting Standards Update (ASU) 2016-02, "Leases (Topic 842)" (ASU 2016-02). ASU 2016-02 and other related ASUs require | ||||||||||||||||||||||||||||||||||||||||||||||
that lessees recognize a right-of-use (ROU) asset and related lease liability, representing the obligation to make lease payments for certain lease transactions, on the Condensed Consolidated | ||||||||||||||||||||||||||||||||||||||||||||||
Balance Sheets and disclose additional leasing information. EOG elected to adopt ASU 2016-02 and other related ASUs using the modified retrospective approach with a cumulative-effect | ||||||||||||||||||||||||||||||||||||||||||||||
adjustment to the opening balance of retained earnings as of the effective date. Financial results reported in periods prior to January 1, 2019, are unchanged. |
&9&A
CONSOLIDATED STATEMENTS OF CASH FLOWS | ||||||||||||||||||||||||||||||||||||||||||||||
EOG Resources, Inc. | ||||||||||||||||||||||||||||||||||||||||||||||
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||||||||||||||||||||||||
(In Millions) | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 | 9/30 | 12/31 | 3/31 | 6/30 |
Cash Flows from Operating Activities | ||||||||||||||||||||||||||||||||||||||||||||||
Reconciliation of Net Income (Loss) to | ||||||||||||||||||||||||||||||||||||||||||||||
Net Cash Provided by Operating Activities: | ||||||||||||||||||||||||||||||||||||||||||||||
Net Income (Loss) | $158.7 | $142.0 | $146.2 | $546.6 | $118.0 | $177.9 | $107.0 | $160.7 | $134.0 | $429.5 | $970.4 | $1,091.1 | $324.0 | $719.8 | $1,075.3 | $570.3 | $494.7 | $1,154.4 | $1,616.9 | $2,197.1 | $660.9 | $1,367.3 | $2,470.9 | $2,915.5 | ($169.7) | ($164.5) | ($4,240.2) | ($4,524.5) | ($471.8) | ($764.3) | ($954.3) | ($1,096.7) | $28.5 | $51.6 | $152.1 | $2,582.6 | $638.6 | $1,335.3 | $2,526.3 | $3,419.0 | $635.4 | $1,483.3 | $2,098.4 | $2,734.9 | $9.8 | ($899.6) |
Items Not Requiring (Providing) Cash | ||||||||||||||||||||||||||||||||||||||||||||||
Depreciation, Depletion and Amortization | 389.3 | 764.9 | 1,150.3 | 1,549.2 | 431.9 | 897.2 | 1,398.1 | 1,941.9 | 568.2 | 1,171.2 | 1,822.8 | 2,516.4 | 748.7 | 1,557.5 | 2,383.4 | 3,169.7 | 846.4 | 1,756.9 | 2,685.7 | 3,601.0 | 946.5 | 1,943.1 | 2,983.1 | 3,997.0 | 912.8 | 1,822.0 | 2,544.2 | 3,313.6 | 928.9 | 1,791.4 | 2,690.9 | 3,553.4 | 816.0 | 1,681.4 | 2,527.6 | 3,409.4 | 748.6 | 1,597.3 | 2,515.4 | 3,435.4 | 879.6 | 1,836.9 | 2,790.5 | 3,749.7 | 1,000.1 | 1,706.7 |
Impairments | 65.5 | 112.5 | 181.9 | 305.8 | 69.6 | 150.0 | 502.9 | 742.6 | 89.3 | 448.0 | 531.4 | 1,031.0 | 133.2 | 187.4 | 250.2 | 1,270.7 | 53.5 | 91.5 | 177.4 | 286.9 | 113.4 | 152.4 | 207.9 | 743.6 | 69.4 | 138.0 | 6,445.4 | 6,613.6 | 71.6 | 144.3 | 322.3 | 620.3 | 193.2 | 272.1 | 325.8 | 479.2 | 64.6 | 116.3 | 160.9 | 347.0 | 72.4 | 184.5 | 289.8 | 517.9 | 1,572.9 | 1,878.3 |
Stock-Based Compensation Expenses | 26.4 | 48.5 | 74.5 | 95.2 | 22.5 | 45.0 | 81.7 | 107.4 | 27.4 | 53.4 | 95.1 | 128.3 | 28.3 | 55.5 | 101.3 | 127.8 | 30.4 | 57.7 | 103.2 | 134.1 | 35.6 | 65.1 | 103.6 | 145.1 | 33.0 | 61.7 | 101.9 | 130.6 | 32.4 | 59.5 | 97.1 | 128.1 | 30.4 | 58.0 | 101.5 | 133.8 | 35.5 | 67.3 | 116.3 | 155.3 | 39.1 | 77.7 | 132.3 | 174.7 | 40.1 | 79.6 |
Deferred Income Taxes | 83.2 | 62.2 | 39.8 | 174.4 | 36.7 | 24.5 | 53.1 | 76.2 | 31.3 | 206.1 | 499.3 | 499.3 | 110.2 | 278.7 | 385.9 | 292.9 | 200.8 | 488.6 | 657.7 | 874.8 | 232.8 | 479.1 | 974.5 | 1,705.0 | (97.2) | (154.8) | (2,377.0) | (2,482.3) | (196.7) | (384.3) | (492.5) | (515.2) | 0.7 | 35.2 | 114.9 | (1,473.9) | 171.4 | 347.6 | 681.7 | 894.2 | 106.3 | 324.3 | 508.6 | 631.7 | 44.8 | (207.7) |
(Gains) Losses on Asset Dispositions, Net | (0.3) | (0.8) | (0.6) | (535.4) | 0.7 | (7.6) | (72.4) | (223.5) | (71.7) | (235.5) | (443.0) | (492.9) | (67.5) | (180.8) | (248.1) | (192.7) | (164.2) | (177.4) | (185.6) | (197.6) | (11.5) | (15.3) | (75.7) | (507.6) | (1.6) | 3.9 | 5.1 | 8.8 | (9.1) | 6.4 | (101.8) | (205.8) | 16.7 | 25.7 | 33.9 | 99.1 | 15.0 | 21.3 | (94.7) | (174.5) | 3.8 | (4.2) | (3.7) | (123.6) | (16.5) | (29.7) |
Other, Net | (0.4) | 2.5 | 3.3 | 6.7 | (1.0) | (1.3) | (2.3) | (0.5) | 2.5 | (0.8) | 2.2 | 15.1 | 0.4 | (3.4) | (10.3) | 0.7 | 8.3 | 8.7 | 0.5 | 11.1 | 5.4 | 1.0 | 17.2 | 48.1 | 12.5 | 6.8 | 3.7 | 11.9 | 5.4 | 30.0 | 42.2 | 61.7 | (3.1) | (6.7) | (4.5) | 6.5 | 2.0 | 13.5 | 15.3 | 7.1 | 3.0 | 5.4 | 4.2 | 4.5 | (8.8) | 0.2 |
Dry Hole Costs | 3.0 | 36.6 | 39.7 | 51.2 | 23.1 | 42.4 | 45.1 | 72.5 | 23.0 | 24.7 | 47.3 | 53.2 | - | 11.1 | 13.0 | 15.0 | 4.0 | 39.7 | 59.3 | 74.7 | 8.3 | 13.9 | 30.3 | 48.5 | 14.7 | 14.1 | 14.3 | 14.7 | 0.2 | - | 10.4 | 10.7 | - | - | 0.1 | 4.6 | - | 4.9 | 5.3 | 5.4 | 0.1 | 3.9 | 28.0 | 28.0 | 0.4 | 0.5 |
Mark-to-Market Commodity Derivative Contracts | ||||||||||||||||||||||||||||||||||||||||||||||
Total (Gains) Losses | (351.4) | (385.0) | (405.8) | (431.8) | (7.8) | (44.8) | (105.8) | (61.9) | 66.8 | (122.9) | (480.5) | (626.1) | (134.2) | (322.7) | (327.3) | (393.7) | 105.0 | (86.5) | 206.9 | 166.3 | 155.7 | 385.0 | (84.1) | (834.3) | (76.2) | (27.7) | (57.0) | (61.9) | (5.4) | 38.9 | 33.8 | 99.6 | (62.0) | (71.5) | (64.9) | (19.8) | 59.8 | 245.7 | 297.7 | 165.6 | 20.6 | (156.7) | (242.6) | (180.3) | (1,205.8) | (1,079.4) |
Net Cash Received from (Payments for) | ||||||||||||||||||||||||||||||||||||||||||||||
Settlements of Commodity Derivative Contracts | 311.0 | 655.7 | 987.0 | 1,277.6 | 23.0 | 38.8 | 25.2 | 7.0 | 24.9 | 31.3 | 83.7 | 180.7 | 133.6 | 306.8 | 555.9 | 711.5 | 67.0 | 136.0 | 115.3 | 116.4 | (34.0) | (120.9) | (188.9) | 34.0 | 367.7 | 561.1 | 661.0 | 730.1 | 17.7 | 2.9 | (22.2) | (22.2) | 1.9 | 2.6 | 4.7 | 7.4 | (22.0) | (88.3) | (180.2) | (258.9) | 20.8 | 31.3 | 139.7 | 231.2 | 84.4 | 723.8 |
Excess Tax Benefits from Stock-Based Compensation | (4.7) | (21.9) | (34.1) | (76.1) | - | - | - | - | - | - | - | - | (16.6) | (22.1) | (49.4) | (67.0) | (11.7) | (21.9) | (50.2) | (55.8) | (27.4) | (63.8) | (87.8) | (99.4) | (8.9) | (16.4) | (24.2) | (26.0) | - | (11.8) | (22.1) | (29.4) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other, Net | 2.9 | 6.9 | 9.4 | 18.9 | 2.5 | 8.5 | 13.4 | 17.3 | 6.2 | 13.2 | 21.1 | 26.5 | 3.4 | 9.9 | 12.7 | 14.4 | 5.0 | 7.8 | 16.2 | 18.2 | 3.6 | 7.2 | 8.7 | 13.0 | 1.6 | 6.3 | 8.9 | 12.5 | 1.4 | 5.0 | 7.5 | 11.0 | (0.3) | (0.2) | 0.3 | 1.2 | (0.5) | (0.3) | 1.7 | 3.1 | 1.0 | 1.6 | 1.2 | 1.0 | (0.4) | (0.7) |
Changes in Components of Working Capital | ||||||||||||||||||||||||||||||||||||||||||||||
and Other Assets and Liabilities | ||||||||||||||||||||||||||||||||||||||||||||||
Accounts Receivable | 157.0 | 149.0 | 119.1 | (47.8) | (95.8) | (39.3) | (124.8) | (339.1) | (113.9) | (165.3) | (129.0) | (339.7) | (89.9) | 115.4 | (112.2) | (178.7) | (236.8) | (164.8) | (213.8) | (23.6) | (144.3) | (249.3) | (341.0) | 85.0 | 353.1 | 298.2 | 448.3 | 641.4 | 132.4 | (22.6) | (11.9) | (232.8) | 28.7 | 103.8 | (25.4) | (392.1) | (109.7) | (309.8) | (553.5) | (368.2) | (309.0) | (69.8) | (5.9) | (91.8) | 722.2 | 1,191.4 |
Inventories | (22.9) | (22.2) | (23.6) | (50.1) | (53.3) | (67.4) | (134.2) | (171.8) | (67.7) | (127.1) | (167.6) | (176.6) | 10.2 | (103.6) | (154.8) | (156.8) | (15.1) | 22.1 | 61.1 | 53.4 | (68.9) | (109.8) | (119.2) | (162.0) | (62.2) | 37.6 | 27.0 | 58.5 | 57.6 | 95.8 | 137.6 | 170.7 | 24.8 | (6.1) | (17.7) | (174.5) | (106.8) | (192.2) | (286.8) | (395.4) | (19.0) | (11.3) | 55.6 | 90.3 | 102.7 | 84.6 |
Accounts Payable | (352.6) | (414.8) | (361.7) | (153.6) | 147.6 | 254.8 | 527.3 | 654.8 | 165.5 | 189.3 | 245.4 | 351.1 | 236.6 | 176.4 | 83.7 | (17.2) | 186.1 | 141.4 | 145.2 | 178.7 | 361.8 | 347.5 | 566.8 | 543.6 | (677.9) | (999.6) | (1,310.2) | (1,409.2) | (289.6) | (203.3) | (201.2) | (74.1) | 20.4 | 76.7 | 112.9 | 324.2 | 53.7 | 456.0 | 537.5 | 439.3 | 194.1 | 126.8 | 134.3 | 168.5 | 433.5 | (1,184.7) |
Accrued Taxes Payable | 19.2 | 4.2 | 16.1 | 90.9 | (3.8) | (6.0) | (40.1) | (53.1) | 79.8 | 94.3 | 101.2 | 92.6 | (5.2) | 14.4 | 42.8 | 78.1 | 9.0 | 24.8 | 73.2 | 75.1 | 139.8 | 115.7 | 176.4 | 16.5 | 2.1 | 64.1 | 77.6 | 11.8 | 2.5 | 93.3 | 114.0 | 92.8 | (38.6) | (39.1) | (50.0) | (63.9) | 22.0 | 22.5 | (36.9) | (92.4) | 115.0 | 53.3 | 88.0 | 40.1 | (54.6) | (61.1) |
Other Assets | 1.4 | (7.5) | (4.3) | (5.5) | (13.5) | (24.5) | (16.1) | (32.2) | (18.7) | (4.8) | (28.6) | (23.6) | (108.8) | (102.3) | (120.1) | (118.5) | (47.2) | (92.3) | (78.8) | (109.6) | (12.5) | (141.5) | (62.0) | (14.4) | 59.2 | 76.1 | 147.0 | 118.1 | 3.9 | (33.6) | (12.5) | (40.7) | (44.7) | (61.1) | (83.9) | (658.6) | (8.9) | (62.8) | (103.3) | (125.4) | (6.9) | 487.4 | 394.6 | 358.0 | 58.3 | 253.0 |
Other Liabilities | (18.1) | (24.8) | 9.4 | (12.3) | (5.5) | (10.9) | 44.3 | 19.3 | 8.6 | (12.0) | 37.0 | 15.0 | (5.1) | (27.4) | 39.9 | 36.1 | (52.9) | (51.4) | 10.9 | (20.4) | (29.2) | 57.1 | 66.6 | 75.4 | (31.9) | (48.8) | (15.6) | (66.3) | 8.0 | 1.6 | 36.8 | (16.2) | (51.2) | (66.9) | (69.2) | (89.9) | (29.1) | (53.2) | (14.8) | 10.9 | (54.1) | (58.1) | (18.3) | (56.6) | (66.1) | (64.4) |
Changes in Components of Working Capital | ||||||||||||||||||||||||||||||||||||||||||||||
Associated with Investing and Financing Activities | 138.6 | 169.2 | 147.1 | 118.5 | (74.6) | (136.0) | (216.7) | (209.0) | 2.0 | 76.6 | 133.2 | 237.0 | (223.7) | (97.4) | 87.7 | 74.2 | (57.4) | (19.6) | (72.9) | (51.4) | (68.3) | (31.6) | (108.6) | (103.4) | 260.0 | 169.8 | 519.2 | 499.8 | 2.2 | (54.5) | (119.8) | (156.1) | (63.3) | (79.1) | (120.4) | 90.0 | 18.0 | (27.3) | 95.5 | 301.1 | (94.4) | (22.0) | (38.8) | (115.0) | (132.1) | 282.2 |
Net Cash Provided by Operating Activities | 605.8 | 1,277.2 | 2,093.7 | 2,922.4 | 620.3 | 1,301.3 | 2,085.7 | 2,708.6 | 957.5 | 2,069.2 | 3,341.4 | 4,578.4 | 1,077.6 | 2,573.2 | 4,009.6 | 5,236.8 | 1,424.9 | 3,315.7 | 5,328.2 | 7,329.4 | 2,267.7 | 4,202.2 | 6,538.7 | 8,649.2 | 960.5 | 1,847.9 | 2,979.4 | 3,595.2 | 291.6 | 794.7 | 1,554.3 | 2,359.1 | 898.1 | 1,976.4 | 2,937.8 | 4,265.3 | 1,552.2 | 3,493.8 | 5,683.4 | 7,768.6 | 1,607.8 | 4,294.3 | 6,355.9 | 8,163.2 | 2,584.9 | 2,673.0 |
Investing Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||
Additions to Oil and Gas Properties | (822.6) | (1,433.6) | (2,267.9) | (3,176.9) | (1,063.4) | (2,288.2) | (3,740.9) | (5,210.6) | (1,527.9) | (3,122.6) | (4,665.5) | (6,294.3) | (1,878.8) | (3,748.2) | (5,326.9) | (6,735.3) | (1,604.1) | (3,250.1) | (5,084.3) | (6,697.1) | (1,736.6) | (3,724.5) | (5,653.0) | (7,519.7) | (1,428.7) | (2,611.9) | (3,918.1) | (4,725.2) | (547.4) | (1,143.5) | (1,781.6) | (2,489.7) | (912.2) | (1,885.4) | (2,928.0) | (3,950.9) | (1,365.1) | (2,980.3) | (4,571.9) | (5,839.3) | (1,939.4) | (3,446.5) | (4,866.9) | (6,151.9) | (1,566.0) | (1,990.0) |
Additions to Other Property, Plant and Equipment | (65.0) | (151.8) | (240.6) | (326.2) | (61.5) | (115.7) | (223.1) | (370.8) | (159.8) | (340.1) | (502.1) | (656.4) | (170.7) | (315.5) | (477.3) | (619.8) | (92.2) | (183.5) | (271.1) | (363.6) | (166.0) | (403.0) | (587.2) | (727.1) | (116.9) | (201.6) | (252.3) | (288.0) | (25.8) | (44.6) | (60.3) | (93.0) | (34.3) | (88.1) | (139.6) | (173.3) | (76.1) | (144.9) | (202.4) | (237.2) | (61.0) | (116.9) | (187.4) | (270.6) | (122.8) | (147.4) |
Acquisition of Galveston LNG Inc. | - | - | - | - | - | - | - | (210.0) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
Proceeds from Sales of Assets | 0.4 | 0.8 | 2.5 | 212.0 | 3.8 | 41.9 | 126.4 | 672.6 | 260.1 | 944.5 | 1,294.6 | 1,433.1 | 450.1 | 1,111.5 | 1,213.6 | 1,309.8 | 479.4 | 579.9 | 587.3 | 760.6 | 19.8 | 74.5 | 91.3 | 569.3 | 1.1 | 116.2 | 144.3 | 192.8 | 6.6 | 252.5 | 457.7 | 1,119.2 | 46.8 | 175.3 | 191.6 | 226.8 | 2.8 | 8.3 | 11.5 | 227.4 | 15.0 | 17.6 | 35.4 | 140.3 | 25.8 | 43.4 |
Changes in Restricted Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (52.3) | (68.1) | (65.8) | (9.1) | (91.2) | (91.2) | 60.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
Net Cash Received from Yates Transaction | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 54.5 | - | - | - | - | - | - | - | - | ||||||
Other Investing Activities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (20.0) | (20.0) | - | - | - | (10.0) | - | - |
Changes in Components of Working Capital | - | - | - | |||||||||||||||||||||||||||||||||||||||||||
Associated with Investing Activities | (138.5) | (169.1) | (146.8) | (118.2) | 74.3 | 135.7 | 216.5 | 208.9 | (0.2) | (76.9) | (133.5) | (237.3) | 224.1 | 97.7 | (87.7) | (73.9) | 57.2 | 19.4 | 72.9 | 51.1 | 68.3 | 31.6 | 109.0 | 103.5 | (259.7) | (169.9) | (519.3) | (499.9) | (2.2) | 54.5 | 120.6 | 156.1 | 63.3 | 79.1 | 120.5 | (89.9) | (18.0) | 27.3 | (95.5) | (301.1) | 94.4 | 22.1 | 38.7 | 115.0 | 132.1 | (282.2) |
Other, Net | 0.6 | 1.4 | 1.4 | (5.3) | 7.1 | (4.2) | (4.2) | 7.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
Net Cash Used in Investing Activities | (1,025.1) | (1,752.3) | (2,651.4) | (3,414.6) | (1,039.7) | (2,230.5) | (3,625.3) | (4,902.8) | (1,427.8) | (2,595.1) | (4,006.5) | (5,754.9) | (1,375.3) | (2,854.5) | (4,678.3) | (6,119.2) | (1,159.7) | (2,886.6) | (4,763.3) | (6,314.8) | (1,823.6) | (4,112.6) | (6,131.1) | (7,513.6) | (1,804.2) | (2,867.2) | (4,545.4) | (5,320.3) | (568.8) | (881.1) | (1,263.6) | (1,252.9) | (836.4) | (1,719.1) | (2,755.5) | (3,987.4) | (1,456.4) | (3,089.6) | (4,878.3) | (6,170.2) | (1,891.0) | (3,523.7) | (4,980.2) | (6,177.2) | (1,530.9) | (2,376.2) |
Financing Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||
Net Commercial Paper Borrowings | 208.1 | - | - | - | - | - | 33.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.7 | 259.7 | (259.7) | (259.7) | (259.7) | (259.7) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Borrowings | - | 900.0 | 900.0 | 900.0 | - | 991.4 | 991.4 | 2,478.6 | - | - | - | - | - | - | 1,234.1 | 1,234.1 | - | - | - | - | 496.2 | 496.2 | 496.2 | 496.2 | 990.2 | 990.2 | 990.2 | 990.2 | 991.1 | 991.1 | 991.1 | 991.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,483.9 |
Long-Term Debt Repayments | - | - | - | - | - | (37.0) | (37.0) | (37.0) | - | - | - | (220.0) | - | - | - | - | - | - | - | (400.0) | (500.0) | (500.0) | (500.0) | (500.0) | - | (500.0) | (500.0) | (500.0) | (400.0) | (400.0) | (400.0) | (563.8) | - | - | (600.0) | (600.0) | - | - | - | (350.0) | - | (900.0) | (900.0) | (900.0) | - | (1,000.0) |
Settlement of Foreign Currency Swap | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (31.5) | (31.5) | (31.5) | (31.5) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Common Stock Sold | - | - | - | - | - | - | - | - | 1,388.2 | 1,388.3 | 1,388.3 | 1,388.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
Dividends Paid | (33.5) | (69.5) | (106.0) | (142.2) | (36.3) | (75.2) | (114.3) | (153.2) | (39.0) | (81.6) | (124.1) | (167.2) | (43.2) | (88.9) | (134.4) | (181.1) | (46.2) | (97.0) | (147.7) | (199.2) | (51.8) | (119.7) | (187.7) | (279.7) | (91.7) | (183.1) | (274.6) | (367.0) | (92.1) | (184.0) | (276.7) | (372.9) | (96.7) | (193.0) | (289.3) | (386.5) | (97.0) | (203.6) | (311.1) | (438.0) | (127.5) | (254.7) | (420.9) | (588.2) | (167.1) | (384.1) |
Excess Tax Benefits from Stock-Based Compensation | 4.7 | 21.9 | 34.1 | 76.1 | - | - | - | - | - | - | - | - | 16.6 | 22.1 | 49.4 | 67.0 | 11.7 | 21.9 | 50.2 | 55.8 | 27.4 | 63.8 | 87.8 | 99.5 | 8.9 | 16.4 | 24.2 | 26.1 | - | 11.8 | 22.1 | 29.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Treasury Stock Purchased | (4.9) | (6.1) | (9.9) | (11.0) | (5.4) | (7.3) | (10.3) | (11.3) | (15.0) | (16.7) | (21.4) | (24.0) | (20.1) | (22.6) | (44.8) | (58.6) | (11.0) | (21.1) | (55.6) | (63.8) | (28.9) | (89.5) | (114.8) | (127.4) | (15.4) | (26.4) | (43.4) | (48.8) | (12.7) | (28.8) | (55.6) | (82.1) | (18.6) | (21.7) | (50.4) | (63.4) | (16.8) | (32.0) | (58.6) | (63.5) | (6.3) | (8.4) | (22.2) | (25.2) | (4.7) | (5.1) |
Proceeds from Stock Options Exercised and | ||||||||||||||||||||||||||||||||||||||||||||||
Employee Stock Purchase Plan | 1.2 | 8.0 | 13.7 | 20.5 | 5.3 | 21.0 | 24.5 | 34.6 | 17.4 | 24.6 | 26.9 | 35.9 | 20.2 | 33.0 | 59.7 | 82.9 | 8.0 | 20.8 | 30.1 | 38.8 | 1.0 | 10.4 | 11.7 | 22.2 | 4.0 | 14.5 | 15.0 | 22.7 | 2.7 | 10.6 | 14.3 | 23.3 | 2.3 | 9.6 | 11.2 | 20.8 | 1.4 | 11.1 | 12.1 | 20.5 | 0.4 | 8.7 | 9.6 | 18.0 | 0.1 | 8.6 |
Repayment of Capital Lease Obligation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (1.4) | (2.8) | (1.4) | (2.9) | (4.3) | (5.8) | (1.5) | (3.0) | (4.5) | (6.0) | (1.5) | (3.1) | (4.6) | (6.2) | (1.6) | (3.2) | (4.8) | (1.6) | (1.6) | (3.2) | (4.9) | (6.5) | (1.7) | (3.3) | (5.1) | (8.2) | (3.2) | (6.4) | (9.6) | (12.9) | (3.6) | (8.5) |
Changes in working Capital Associated with | ||||||||||||||||||||||||||||||||||||||||||||||
Financing Activities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.1 | - | - | - | - | - | - |
Other, Net (1) | (0.1) | (8.8) | (9.2) | (9.2) | 0.3 | (0.9) | (6.3) | (8.3) | (1.8) | 0.2 | 0.3 | (4.5) | (0.4) | (0.3) | (1.8) | (1.8) | 0.2 | 0.3 | - | 0.3 | (0.9) | (0.9) | (1.3) | (1.0) | (1.9) | (1.4) | (5.8) | (5.8) | (1.6) | (1.6) | (2.5) | (6.4) | - | - | (0.1) | (0.1) | 0.1 | - | - | - | - | (4.9) | (5.0) | (5.0) | - | (2.6) |
Net Cash Provided by (Used in) Financing Activities | 175.5 | 845.5 | 822.7 | 834.2 | (36.1) | 892.0 | 881.7 | 2,303.4 | 1,349.8 | 1,314.8 | 1,270.0 | 1,008.5 | (26.9) | (56.7) | 1,160.8 | 1,139.7 | (38.7) | (78.0) | (127.3) | (573.9) | (90.0) | (174.2) | (244.1) | (327.7) | 892.6 | 307.1 | 230.7 | 370.9 | 226.1 | 136.2 | 28.2 | (242.7) | (114.6) | (208.3) | (933.5) | (1,035.7) | (114.0) | (227.8) | (362.6) | (839.1) | (136.6) | (1,165.7) | (1,348.1) | (1,513.3) | (175.3) | 92.2 |
Effect of Exchange Rate Changes on Cash | (2.3) | 5.3 | 12.2 | 12.5 | (0.2) | 1.5 | (0.1) | (6.1) | (0.1) | (0.4) | (7.1) | (5.2) | 2.9 | 2.7 | 4.8 | 3.4 | 5.1 | 0.5 | 4.8 | 1.1 | (5.1) | (3.5) | (0.6) | (38.9) | (8.7) | (7.6) | (9.2) | (14.5) | 1.1 | 11.4 | 11.3 | 17.9 | (0.4) | 0.5 | (2.6) | (7.9) | 0.1 | (2.4) | (2.7) | (37.9) | - | - | (0.1) | (0.3) | 0.2 | (0.5) |
Increase (Decrease) in Cash and Cash Equivalents | (246.1) | 375.7 | 277.2 | 354.5 | (455.7) | (35.7) | (658.0) | 103.1 | 879.4 | 788.5 | 597.8 | (173.2) | (321.7) | (335.3) | 496.9 | 260.7 | 231.6 | 351.6 | 442.4 | 441.8 | 349.0 | (88.1) | 162.9 | 769.0 | 40.2 | (719.8) | (1,344.5) | (1,368.7) | (50.0) | 61.2 | 330.2 | 881.4 | (53.3) | 49.5 | (753.8) | (765.7) | (18.1) | 174.0 | 439.8 | 721.4 | (419.8) | (395.1) | 27.5 | 472.4 | 878.9 | 388.5 |
Cash and Cash Equivalents at Beginning of Period | 331.3 | 331.3 | 331.3 | 331.3 | 685.8 | 685.8 | 685.8 | 685.8 | 788.9 | 788.9 | 788.9 | 788.9 | 615.7 | 615.7 | 615.7 | 615.7 | 876.4 | 876.4 | 876.4 | 876.4 | 1,318.2 | 1,318.2 | 1,318.2 | 1,318.2 | 2,087.2 | 2,087.2 | 2,087.2 | 2,087.2 | 718.5 | 718.5 | 718.5 | 718.5 | 1,599.9 | 1,599.9 | 1,599.9 | 1,599.9 | 834.2 | 834.2 | 834.2 | 834.2 | 1,555.6 | 1,555.6 | 1,555.6 | 1,555.6 | 2,028.0 | 2,028.0 |
Cash and Cash Equivalents at End of Period | $85.2 | $707.0 | $608.5 | $685.8 | $230.1 | $650.1 | $27.8 | $788.9 | $1,668.3 | $1,577.4 | $1,386.7 | $615.7 | $294.0 | $280.4 | $1,112.6 | $876.4 | $1,108.0 | $1,228.0 | $1,318.8 | $1,318.2 | $1,667.2 | $1,230.1 | $1,481.1 | $2,087.2 | $2,127.4 | $1,367.4 | $742.7 | $718.5 | $668.5 | $779.7 | $1,048.7 | $1,599.9 | $1,546.6 | $1,649.4 | $846.1 | $834.2 | $816.1 | $1,008.2 | $1,274.0 | $1,555.6 | $1,135.8 | $1,160.5 | $1,583.1 | $2,028.0 | $2,906.9 | $2,416.5 |
(1) | Other, net includes debt issuance costs of $2.6 million, $5.0 million, zero, zero, $1.6 million, $5.9 million, $0.9 million, zero, $1.6 million, $4.8 million, $8.3 million, and $8.9 million at June 30, 2020 and December 31, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, and 2009 respectively. |
&9&A
ADDITIONAL OPERATING HIGHLIGHTS | |||||||||||
EOG Resources, Inc. | |||||||||||
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
Net Developed Lease Acreage (Acres in Thousands) | |||||||||||
United States | 1,246 | 1,325 | 1,303 | 1,258 | 1,453 | 1,621 | 1,700 | 2,225 | 2,048 | 1,884 | 2,035 |
Canada | 1,671 | 1,025 | 1,021 | 1,002 | 1,007 | 95 | 46 | 36 | 36 | 36 | 36 |
Trinidad | 64 | 64 | 65 | 65 | 66 | 66 | 66 | 67 | 67 | 67 | 67 |
China | 131 | 131 | 131 | 131 | 131 | 131 | 131 | 131 | 131 | 131 | 131 |
United Kingdom | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 6 | 6 | - | - |
Total Net Developed Lease Acreage | 3,115 | 2,548 | 2,523 | 2,459 | 2,659 | 1,915 | 1,945 | 2,464 | 2,288 | 2,118 | 2,269 |
Net Undeveloped Lease Acreage (Acres in Thousands) | |||||||||||
United States | 4,184 | 4,403 | 3,573 | 2,970 | 2,706 | 2,591 | 2,006 | 2,237 | 2,152 | 2,410 | 2,273 |
Canada | 1,660 | 1,258 | 748 | 638 | 482 | 183 | 161 | 98 | 99 | 99 | 96 |
Other | |||||||||||
China | - | - | - | - | - | - | - | - | - | - | - |
Argentina | - | - | - | 79 | 95 | 95 | 79 | - | - | - | - |
Trinidad | 156 | 39 | 39 | 39 | 39 | 39 | 40 | 39 | 115 | 115 | 115 |
United Kingdom | 277 | 190 | 95 | 95 | 54 | 35 | 7 | 4 | 4 | - | - |
Total Net Undeveloped Lease Acreage | 6,277 | 5,890 | 4,455 | 3,821 | 3,376 | 2,943 | 2,293 | 2,378 | 2,370 | 2,624 | 2,484 |
Total Net Developed and Undeveloped Lease Acreage | 9,392 | 8,438 | 6,978 | 6,280 | 6,035 | 4,858 | 4,238 | 4,842 | 4,658 | 4,742 | 4,753 |
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
Net Working Interest Well Completions | |||||||||||
Exploratory | |||||||||||
United States | |||||||||||
Gas | 17.5 | 7.4 | 3.2 | 6.5 | 2.0 | - | - | - | - | - | - |
Oil | 14.5 | 16.0 | 8.7 | 7.2 | 6.0 | 11.0 | 2.0 | 1.0 | - | - | 4.0 |
Dry | 5.6 | 9.8 | 2.0 | 0.5 | 3.0 | 5.0 | -0 | - | 1.0 | 1.0 | 1.0 |
Total | 37.6 | 33.2 | 13.9 | 14.2 | 11.0 | 16.0 | 2.0 | 1.0 | 1.0 | 1.0 | 5.0 |
International | |||||||||||
Gas | - | 3 | 1.0 | - | 2.0 | 2.0 | 4.0 | - | 1.0 | 2.0 | - |
Oil | 4.0 | 1.0 | 2.0 | 3.9 | 2.0 | 1.0 | - | - | - | - | - |
Dry | 0.7 | 2.7 | 2.0 | 1.0 | 1.0 | 1.0 | 2.0 | - | 1.0 | - | 2.0 |
Total | 4.7 | 6.5 | 5.0 | 4.9 | 5.0 | 4.0 | 6.0 | - | 2.0 | 2.0 | 2.0 |
Total Exploratory | 42.3 | 39.7 | 18.9 | 19.1 | 16.0 | 20.0 | 8.0 | 1.0 | 3.0 | 3.0 | 7.0 |
Development | |||||||||||
United States | |||||||||||
Gas | 351.6 | 374.0 | 139.0 | 100.3 | 50.0 | 39.0 | 14.0 | 17.0 | 21.0 | 37.0 | 22.0 |
Oil | 142.6 | 459.0 | 687.2 | 704.7 | 787.7 | 807.0 | 457.0 | 420.0 | 490.0 | 704.0 | 721.0 |
Dry | 21.5 | 29.4 | 17.7 | 7.0 | 15.2 | 7.0 | 8.0 | 6.0 | 13.0 | 18.0 | 12.0 |
Total | 515.7 | 862.4 | 843.9 | 812.0 | 852.9 | 853.0 | 479.0 | 443.0 | 524.0 | 759.0 | 755.0 |
International | |||||||||||
Gas | 48.1 | 24.5 | 10.9 | 3.0 | 1.0 | 1.0 | 2.0 | 1.0 | 9.0 | 1.0 | 3.0 |
Oil | 38.0 | 128.0 | 94.5 | 80.1 | 79.0 | 35.0 | - | - | - | - | - |
Dry | - | - | - | - | - | - | - | - | - | - | - |
Total | 86.1 | 152.5 | 105.4 | 83.1 | 80.0 | 36.0 | 2.0 | 1.0 | 9.0 | 1.0 | 3.0 |
Total Development | 601.8 | 1,014.9 | 949.3 | 895.1 | 932.9 | 889.0 | 481.0 | 444.0 | 533.0 | 760.0 | 758.0 |
Total Net Working Interest Well Completions | 644.1 | 1,054.6 | 968.2 | 914.2 | 948.9 | 909.0 | 489.0 | 445.0 | 536.0 | 763.0 | 765.0 |
&9&A
NET PROVED AND PROVED DEVELOPED RESERVE SUMMARY | |||||||||||||||
EOG Resources, Inc. | |||||||||||||||
Liquids (MBbl) (1) | Natural Gas (Bcf) | Oil Equivalent (MBoe) | |||||||||||||
U.S. | Canada (3) | Trinidad | Other | Total | U.S. | Canada (3) | Trinidad | Other | Total | U.S. | Canada (3) | Trinidad | Other | Total | |
International (2) | International (2) | International (2) | |||||||||||||
Net proved reserves at December 31, 2008 | 205,846 | 10,795 | 8,326 | 65 | 225,032 | 4,889.0 | 1,237.2 | 1,198.1 | 14.9 | 7,339.2 | 1,020,671 | 217,002 | 208,013 | 2,548 | 1,448,234 |
Revisions of previous estimates | 10,511 | (1,109) | (1,760) | 17 | 7,659 | (378.0) | (447.2) | (104.9) | 3.0 | (927.1) | (52,487) | (75,638) | (19,250) | 515 | (146,860) |
Purchases in place | 21,467 | - | - | - | 21,467 | 450.8 | -0 | - | -0 | 450.8 | 96,605 | - | - | - | 96,605 |
Extensions, discoveries & other additions | 76,804 | 19,807 | - | - | 96,611 | 1,925.0 | 846.5 | - | - | 2,771.5 | 397,642 | 160,882 | - | - | 558,524 |
Sales in place | (8,973) | (50) | - | - | (9,023) | (114.4) | (5) | - | - | (119.5) | (28,032) | (898) | - | - | (28,930) |
Production | (25,714) | (1,885) | (1,123) | (24) | (28,746) | (422.3) | (81.9) | (107.4) | (5.2) | (616.8) | (96,107) | (15,540) | (19,016) | (891) | (131,554) |
Net proved reserves at December 31, 2009 | 279,941 | 27,558 | 5,443 | 58 | 313,000 | 6,350.1 | 1,549.5 | 985.8 | 12.7 | 8,898.1 | 1,338,292 | 285,808 | 169,747 | 2,172 | 1,796,019 |
Revisions of previous estimates | 19,177 | (300) | (754) | 20 | 18,143 | (222.7) | (29.9) | (88.6) | 1.9 | (339.3) | (17,945) | (5,288) | (15,513) | 342 | (38,404) |
Purchases in place | 13 | - | - | - | 13 | - | - | - | - | - | 14 | - | - | - | 14 |
Extensions, discoveries & other additions | 241,700 | 3,219 | 1,751 | 48 | 246,718 | 821.3 | 3.4 | 63 | 8 | 895.6 | 378,582 | 3,789 | 12,250 | 1,363 | 395,984 |
Sales in place | (1,084) | (595) | - | - | (1,679) | (34.6) | (316.2) | - | - | (350.8) | (6,860) | (53,288) | - | - | (60,148) |
Production | (33,856) | (2,771) | (1,709) | (28) | (38,364) | (422.6) | (73.0) | (132.6) | (5.2) | (633.4) | (104,277) | (14,937) | (23,815) | (901) | (143,930) |
Net proved reserves at December 31, 2010 | 505,891 | 27,111 | 4,731 | 98 | 537,831 | 6,491.5 | 1,133.8 | 827.6 | 17.3 | 8,470.2 | 1,587,806 | 216,084 | 142,669 | 2,976 | 1,949,535 |
Revisions of previous estimates | 14,811 | (4,568) | 18 | 25 | 10,286 | (344.0) | (49.8) | (24.2) | 1.3 | (416.7) | (42,526) | (12,865) | (4,011) | 239 | (59,163) |
Purchases in place | 26 | - | - | - | 26 | 3.0 | - | - | - | 3.0 | 521 | - | - | - | 521 |
Extensions, discoveries & other additions | 267,840 | 449 | - | - | 268,289 | 634.6 | -0 | 74.7 | 4.5 | 713.8 | 373,602 | 448 | 12,455 | 750 | 387,255 |
Sales in place | (14,309) | - | - | - | (14,309) | (323.6) | - | - | - | (323.6) | (68,247) | - | - | - | (68,247) |
Production | (52,377) | (3,198) | (1,242) | (25) | (56,842) | (415.7) | (48.1) | (127.4) | (4.6) | (595.8) | (121,648) | (11,219) | (22,484) | (787) | (156,138) |
Net proved reserves at December 31, 2011 | 721,882 | 19,794 | 3,507 | 98 | 745,281 | 6,045.8 | 1,035.9 | 750.7 | 18.5 | 7,850.9 | 1,729,508 | 192,448 | 128,629 | 3,178 | 2,053,763 |
Revisions of previous estimates | 51,398 | (1,930) | 71 | 5 | 49,544 | (1,736.0) | (894.5) | (24.1) | 1.6 | (2,653.0) | (237,936) | (151,015) | (3,953) | 283 | (392,621) |
Purchases in place | 1,622 | - | - | - | 1,622 | 14.8 | - | - | - | 14.8 | 4,098 | - | - | - | 4,098 |
Extensions, discoveries & other additions | 312,567 | 5,859 | - | 8,834 | 327,260 | 477.8 | - | - | 0.3 | 478.1 | 392,196 | 5,860 | - | 8,876 | 406,932 |
Sales in place | (23,221) | (1,420) | - | - | (24,641) | (386.2) | (8.5) | - | - | (394.7) | (87,588) | (2,832) | - | - | (90,420) |
Production | (74,813) | (2,883) | (550) | (39) | (78,285) | (380.2) | (34.6) | (138.4) | (3.4) | (556.6) | (138,170) | (8,657) | (23,616) | (611) | (171,054) |
Net proved reserves at December 31, 2012 | 989,435 | 19,420 | 3,028 | 8,898 | 1,020,781 | 4,036.0 | 98.3 | 588.2 | 17.0 | 4,739.5 | 1,662,108 | 35,804 | 101,060 | 11,726 | 1,810,698 |
Revisions of previous estimates | 69,825 | (5,914) | (991) | (142) | 62,778 | 264.0 | 31.4 | (17.4) | (0.7) | 277.3 | 113,823 | (676) | (3,892) | (265) | 108,990 |
Purchases in place | 2,299 | - | - | - | 2,299 | 5.7 | - | - | - | 5.7 | 3,241 | - | - | - | 3,241 |
Extensions, discoveries & other additions | 299,210 | 683 | - | 58 | 299,951 | 504.7 | 0.1 | 79.5 | 9.8 | 594.1 | 383,324 | 693 | 13,245 | 1,703 | 398,965 |
Sales in place | (3,808) | - | - | - | (3,808) | (69.4) | - | - | - | (69.4) | (15,375) | - | - | - | (15,375) |
Production | (100,910) | (2,865) | (447) | (33) | (104,255) | (342.3) | (27.7) | (129.6) | (2.8) | (502.4) | (157,955) | (7,482) | (22,049) | (490) | (187,976) |
Net proved reserves at December 31, 2013 | 1,256,051 | 11,324 | 1,590 | 8,781 | 1,277,746 | 4,398.7 | 102.1 | 520.7 | 23.3 | 5,044.8 | 1,989,166 | 28,339 | 88,364 | 12,674 | 2,118,543 |
Revisions of previous estimates | 55,751 | (320) | 99 | (65) | 55,465 | 252.2 | 9.8 | 12.9 | (4.3) | 270.6 | 97,782 | 1,316 | 2,245 | (775) | 100,568 |
Purchases in place | 11,517 | - | - | - | 11,517 | 17.1 | - | - | - | 17.1 | 14,367 | - | - | - | 14,367 |
Extensions, discoveries & other additions | 411,223 | - | - | 14 | 411,237 | 638.3 | - | 4.5 | 4.7 | 647.5 | 517,613 | - | 758 | 796 | 519,167 |
Sales in place | (5,923) | (8,479) | - | - | (14,402) | (52.4) | (78.7) | - | - | (131.1) | (14,661) | (21,602) | - | - | (36,263) |
Production | (132,007) | (2,362) | (350) | (26) | (134,745) | (348.4) | (22.3) | (132.5) | (3.1) | (506.3) | (190,065) | (6,080) | (22,430) | (551) | (219,126) |
Net proved reserves at December 31, 2014 | 1,596,612 | 163 | 1,339 | 8,704 | 1,606,818 | 4,905.5 | 10.9 | 405.6 | 20.6 | 5,342.6 | 2,414,202 | 1,973 | 68,937 | 12,144 | 2,497,256 |
Adjustment to include Canada in Other International | - | (163) | - | 163 | - | - | (10.9) | - | 10.9 | - | - | (1,973) | - | 1,973 | - |
Revisions of previous estimates | (228,214) | - | (1) | 68 | (228,147) | (1,453.1) | - | 16.8 | 5.6 | (1,430.7) | (470,401) | - | 2,802 | 995 | (466,604) |
Purchases in place | 44,173 | - | - | - | 44,173 | 72.3 | - | - | - | 72.3 | 56,215 | - | - | - | 56,215 |
Extensions, discoveries & other additions | 190,457 | - | 63 | 13 | 190,533 | 306.3 | - | 21.7 | 4.4 | 332.4 | 241,513 | - | 3,682 | 736 | 245,931 |
Sales in place | (814) | - | - | (197) | (1,011) | (3.9) | - | - | (11.1) | (15.0) | (1,467) | - | - | (2,039) | (3,506) |
Production | (131,479) | - | (332) | (84) | (131,895) | (337.3) | - | (127.5) | (10.9) | (475.7) | (187,701) | - | (21,578) | (1,896) | (211,175) |
Net proved reserves at December 31, 2015 | 1,470,735 | - | 1,069 | 8,667 | 1,480,471 | 3,489.8 | - | 316.6 | 19.5 | 3,825.9 | 2,052,361 | - | 53,843 | 11,913 | 2,118,117 |
Revisions of previous estimates | 95,811 | - | 54 | 861 | 96,726 | 298.4 | - | 29.5 | 5.2 | 333.1 | 145,542 | - | 4,978 | 1,722 | 152,242 |
Purchases in place | 27,079 | - | - | - | 27,079 | 91.5 | - | - | - | 91.5 | 42,330 | - | - | - | 42,330 |
Extensions, discoveries & other additions | 165,303 | - | - | - | 165,303 | 202.1 | - | 59.9 | - | 262.0 | 198,973 | - | 9,990 | - | 208,963 |
Sales in place | (42,339) | - | - | - | (42,339) | (752.0) | - | - | - | (752.0) | (167,669) | - | - | - | (167,669) |
Production | (131,732) | - | (284) | (1,273) | (133,289) | (308.6) | - | (125.1) | (8.9) | (442.6) | (183,145) | - | (21,150) | (2,755) | (207,050) |
Net proved reserves at December 31, 2016 | 1,584,857 | - | 839 | 8,255 | 1,593,951 | 3,021.2 | - | 280.9 | 15.8 | 3,317.9 | 2,088,392 | - | 47,661 | 10,880 | 2,146,933 |
Revisions of previous estimates | 104,778 | - | 80 | (179) | 104,679 | 602.8 | - | (27.4) | 8.6 | 584.0 | 205,262 | - | (4,493) | 1,249 | 202,018 |
Purchases in place | 1,532 | - | - | - | 1,532 | 4.8 | - | - | - | 4.8 | 2,332 | - | - | - | 2,332 |
Extensions, discoveries & other additions | 282,140 | - | 301 | 119 | 282,560 | 619.3 | - | 174.2 | 35.9 | 829.4 | 385,354 | - | 29,340 | 6,104 | 420,798 |
Sales in place | (11,280) | - | - | - | (11,280) | (56.4) | - | - | - | (56.4) | (20,687) | - | - | - | (20,687) |
Production | (154,483) | - | (322) | (191) | (154,996) | (293.2) | - | (114.3) | (9.1) | (416.6) | (203,351) | - | (19,366) | (1,707) | (224,424) |
Net proved reserves at December 31, 2017 | 1,807,544 | - | 898 | 8,004 | 1,816,446 | 3,898.5 | - | 313.4 | 51.2 | 4,263.1 | 2,457,302 | - | 53,142 | 16,526 | 2,526,970 |
Revisions of previous estimates | 10,705 | - | (183) | 44 | 10,566 | (127.2) | - | 20.7 | 15.0 | (91.5) | (10,500) | - | 3,272 | 2,544 | (4,684) |
Purchases in place | 4,749 | - | - | - | 4,749 | 41.3 | - | - | - | 41.3 | 11,640 | - | - | - | 11,640 |
Extensions, discoveries & other additions | 510,412 | - | - | 15 | 510,427 | 951.4 | - | - | 4.6 | 956.0 | 668,972 | - | - | 778 | 669,750 |
Sales in place | (809) | - | - | (6,310) | (7,119) | (22.2) | - | - | - | (22.2) | (4,509) | - | - | (6,310) | (10,819) |
Production | (186,588) | - | (298) | (1,542) | (188,428) | (351.2) | - | (97.1) | (11.2) | (459.5) | (245,127) | - | (16,478) | (3,406) | (265,011) |
Net proved reserves at December 31, 2018 | 2,146,013 | - | 417 | 211 | 2,146,641 | 4,390.6 | - | 237.0 | 59.6 | 4,687.2 | 2,877,778 | - | 39,936 | 10,132 | 2,927,846 |
Revisions of previous estimates | (37,579) | - | 85 | (8) | (37,502) | (184.4) | - | 47.0 | 2.6 | (134.8) | (68,317) | - | 7,915 | 431 | (59,971) |
Purchases in place | 4,807 | - | - | - | 4,807 | 71.7 | - | - | - | 71.7 | 16,761 | - | - | - | 16,761 |
Extensions, discoveries & other additions | 537,750 | - | - | 28 | 537,778 | 1,175.9 | - | 87.5 | 9.7 | 1,273.1 | 733,730 | - | 14,577 | 1,661 | 749,968 |
Sales in place | (2,137) | - | - | - | (2,137) | (14.5) | - | - | - | (14.5) | (4,555) | - | - | - | (4,555) |
Production | (215,202) | - | (236) | (40) | (215,478) | (404.5) | - | (95.4) | (13.1) | (513.0) | (282,619) | - | (16,130) | (2,232) | (300,981) |
Net proved reserves at December 31, 2019 | 2,433,652 | - | 266 | 191 | 2,434,109 | 5,034.8 | - | 276.1 | 58.8 | 5,369.7 | 3,272,778 | - | 46,298 | 9,992 | 3,329,068 |
Liquids (MBbl) (1) | Natural Gas (Bcf) | Oil Equivalent (MBoe) | |||||||||||||
Net Proved Developed Reserves at | U.S. | Canada (3) | Trinidad | Other | Total | U.S. | Canada (3) | Trinidad | Other | Total | U.S. | Canada (3) | Trinidad | Other | Total |
December 31, | International (2) | International (2) | International (2) | ||||||||||||
2009 | 189,322 | 10,831 | 3,966 | 58 | 204,177 | 3,330.1 | 681.0 | 609.4 | 12.7 | 4,633.2 | 744,339 | 124,323 | 105,540 | 2,172 | 976,374 |
2010 | 253,308 | 12,758 | 3,853 | 98 | 270,017 | 3,519.7 | 401.6 | 519.2 | 17.3 | 4,457.8 | 839,928 | 79,701 | 90,382 | 2,976 | 1,012,987 |
2011 | 338,144 | 9,220 | 2,657 | 97 | 350,118 | 3,234.9 | 295.8 | 606.3 | 18.6 | 4,155.6 | 877,301 | 58,524 | 103,710 | 3,178 | 1,042,713 |
2012 | 442,648 | 7,963 | 2,378 | 253 | 453,242 | 2,387.5 | 98.3 | 476.7 | 17.0 | 2,979.5 | 840,564 | 24,348 | 81,826 | 3,081 | 949,819 |
2013 | 582,481 | 7,767 | 1,505 | 163 | 591,916 | 2,597.3 | 102.1 | 494.6 | 19.4 | 3,213.4 | 1,015,359 | 24,782 | 83,933 | 3,402 | 1,127,476 |
2014 | 758,305 | 163 | 1,339 | 90 | 759,897 | 3,102.8 | 10.9 | 396.9 | 17.7 | 3,528.3 | 1,275,447 | 1,973 | 67,484 | 3,043 | 1,347,947 |
2015 | 649,968 | - | 1,069 | 63 | 651,100 | 2,211.2 | -0 | 297.6 | 19.5 | 2,528.3 | 1,018,491 | - | 50,677 | 3,309 | 1,072,477 |
2016 | 737,750 | - | 839 | 8,255 | 746,844 | 1,804.4 | -0 | 262.2 | 15.8 | 2,082.4 | 1,038,483 | - | 44,543 | 10,880 | 1,093,906 |
2017 | 892,277 | - | 898 | 7,933 | 901,108 | 2,450.8 | -0 | 299.2 | 29.3 | 2,779.3 | 1,300,757 | - | 50,779 | 12,798 | 1,364,334 |
2018 | 1,053,604 | - | 417 | 150 | 1,054,171 | 2,699.0 | -0 | 223.9 | 40.9 | 2,963.8 | 1,503,441 | - | 37,746 | 6,950 | 1,548,137 |
2019 | 1,188,442 | - | 266 | 143 | 1,188,851 | 2,974.6 | -0 | 177.7 | 41.8 | 3,194.1 | 1,684,209 | - | 29,886 | 7,117 | 1,721,212 |
(1) Crude oil and condensate and natural gas liquids. | |||||||||||||||
(2) Other International includes EOG's United Kingdom operations (until disposition in 4Q 2018), China operations, Argentina operations (effective 2Q 2012 until disposition in 3Q 2016), and, effective 1Q 2015, EOG's Canada operations. | |||||||||||||||
(3) As a result of the disposition of substantially all of EOG's Canadian operations in 4Q 2014, effective 1Q 2015, EOG's Canadian Operations are included in Other International. |
&9&A
TOTAL EXPENDITURES | ||||||||||||||
EOG Resources, Inc. | ||||||||||||||
Acquisition | Acquisition | Asset | Total | Gathering, | ||||||||||
Costs Unproved | Exploration | Development Drilling | Facilities | Total | Costs Proved | Retirement | Exploration & | Processing | Total | |||||
($ In Millions) | Properties | Costs | Costs | Costs (7) | Drilling & Facilities | Properties | Costs | Development | and Other | Expenditures | ||||
2009 | United States | 648.3 | (2) | 473.5 | 1,839.1 | -0 | 2,960.9 | 464.3 | (3) | 59.8 | 3,485.0 | 324.7 | 3,809.7 | |
Canada | 17.8 | 51.2 | 219.8 | -0 | 288.8 | -0 | 17.8 | 306.6 | 1.0 | 307.6 | ||||
Trinidad | 0.8 | 14.2 | 21.3 | -0 | 36.3 | -0 | 6.1 | 42.4 | 0.2 | 42.6 | ||||
Other International (1) | (0.3) | 71.9 | 2.0 | -0 | 73.6 | -0 | (0.1) | 73.5 | 0.3 | 73.8 | ||||
Total | 666.6 | 610.8 | 2,082.2 | -0 | 3,359.6 | 464.3 | 83.6 | 3,907.5 | 326.2 | 4,233.7 | ||||
2010 | United States | 403.5 | 454.4 | 3,818.4 | -0 | 4,676.3 | 2.8 | 71.2 | 4,750.3 | 369.7 | 5,120.0 | |||
Canada | 14.0 | 38.6 | 414.7 | -0 | 467.3 | -0 | 2.4 | 469.7 | 210.7 | (5) | 680.4 | |||
Trinidad | -0 | 23.4 | 118.1 | -0 | 141.5 | -0 | (3.1) | 138.4 | 0.1 | 138.5 | ||||
Other International (1) | (0.1) | 86.8 | 11.6 | -0 | 98.3 | -0 | 1.8 | 100.1 | 0.2 | 100.3 | ||||
Total | 417.4 | 603.2 | 4,362.8 | -0 | 5,383.4 | 2.8 | 72.3 | 5,458.5 | 580.7 | 6,039.2 | ||||
2011 | United States | 295.2 | 311.3 | 5,358.6 | -0 | 5,965.1 | 4.2 | 51.8 | 6,021.1 | 604.0 | 6,625.1 | |||
Canada | 6.2 | 31.5 | 232.8 | -0 | 270.5 | -0 | 69.8 | 340.3 | 52.1 | 392.4 | ||||
Trinidad | -0 | 2.6 | 132.1 | -0 | 134.7 | -0 | 6.8 | 141.5 | 0.1 | 141.6 | ||||
Other International (1) | (0.6) | 18.2 | 73.9 | -0 | 91.5 | -0 | 4.8 | 96.3 | 0.1 | 96.4 | ||||
Total | 300.8 | 363.6 | 5,797.4 | -0 | 6,461.8 | 4.2 | 133.2 | 6,599.2 | 656.3 | 7,255.5 | ||||
2012 | United States | 471.3 | (4) | 333.5 | 5,577.0 | -0 | 6,381.8 | 0.7 | 80.5 | 6,463.0 | 633.6 | (6) | 7,096.6 | |
Canada | 33.6 | 38.5 | 245.7 | -0 | 317.8 | -0 | 33.3 | 351.1 | 50.2 | 401.3 | ||||
Trinidad | 1.0 | 19.6 | 31.1 | -0 | 51.7 | -0 | 1.5 | 53.2 | 0.2 | 53.4 | ||||
Other International (1) | (0.6) | 54.0 | 135.8 | -0 | 189.2 | -0 | 11.7 | 200.9 | 1.6 | 202.5 | ||||
Total | 505.3 | 445.6 | 5,989.6 | -0 | 6,940.5 | 0.7 | 127.0 | 7,068.2 | 685.6 | 7,753.8 | ||||
2013 | United States | 411.6 | 273.8 | 4,695.7 | 793.2 | 6,174.3 | 120.2 | 84.3 | 6,378.8 | 360.0 | 6,738.8 | |||
Canada | 2.6 | 19.7 | 109.7 | 26.8 | 158.8 | -0 | 13.0 | 171.8 | 2.8 | 174.6 | ||||
Trinidad | -0 | 16.1 | 114.8 | 8.9 | 139.8 | -0 | 0.5 | 140.3 | -0 | 140.3 | ||||
Other International (1) | -0 | 67.7 | 57.7 | 145.1 | 270.5 | -0 | 36.6 | 307.1 | 0.7 | 307.8 | ||||
Total | 414.2 | 377.3 | 4,977.9 | 974.0 | 6,743.4 | 120.2 | 134.4 | 6,998.0 | 363.5 | 7,361.5 | ||||
2014 | United States | 365.9 | 332.7 | 5,298.1 | 1,191.2 | 7,187.9 | 138.8 | 148.9 | 7,475.6 | 725.0 | 8,200.6 | |||
Canada | 4.5 | 13.0 | 56.7 | 13.9 | 88.1 | 0.3 | 31.0 | 119.4 | 1.4 | 120.8 | ||||
Trinidad | -0 | 2.8 | 69.3 | 6.3 | 78.4 | -0 | 14.0 | 92.4 | 0.2 | 92.6 | ||||
Other International (1) | -0 | 47.5 | 12.8 | 155.4 | 215.7 | -0 | 1.7 | 217.4 | 0.5 | 217.9 | ||||
Total | 370.4 | 396.0 | 5,436.9 | 1,366.8 | 7,570.1 | 139.1 | 195.6 | 7,904.8 | 727.1 | 8,631.9 | ||||
2015 | United States | 133.8 | 206.8 | 3,176.6 | 638.8 | 4,156.0 | 480.6 | 32.4 | 4,669.0 | 287.5 | 4,956.5 | |||
Trinidad | -0 | 22.9 | 64.4 | 22.8 | 110.1 | -0 | 15.5 | 125.6 | 0.3 | 125.9 | ||||
Other International (1) | 0.1 | 23.0 | 1.8 | 103.2 | 128.1 | -0 | 5.6 | 133.7 | 0.3 | 134.0 | ||||
Total | 133.9 | 252.7 | 3,242.8 | 764.8 | 4,394.2 | 480.6 | 53.5 | 4,928.3 | 288.1 | 5,216.4 | ||||
2016 | United States | 3,216.6 | (8) | 156.3 | 1,924.8 | 303.2 | 5,600.9 | 749.0 | (9) | 24.7 | 6,374.6 | 108.6 | (10) | 6,483.2 |
Trinidad | -0 | 2.7 | 33.6 | 41.8 | 78.1 | -0 | (3.2) | 74.9 | 0.1 | 75.0 | ||||
Other International (1) | -0 | 6.8 | 0.3 | 30.0 | 37.1 | -0 | (41.3) | (4.2) | 0.1 | (4.1) | ||||
Total | 3,216.6 | 165.8 | 1,958.7 | 375.0 | 5,716.1 | 749.0 | (19.8) | 6,445.3 | 108.8 | 6,554.1 | ||||
2017 | United States | 424.1 | (11) | 144.5 | 2,971.9 | 568.8 | 4,109.3 | 72.6 | (12) | 50.2 | 4,232.1 | 173.0 | 4,405.1 | |
Trinidad | 2.4 | 62.5 | 103.5 | 3.8 | 172.2 | -0 | 2.3 | 174.5 | 0.1 | 174.6 | ||||
Other International (1) | -0 | 16.6 | 10.1 | 3.1 | 29.8 | -0 | 3.0 | 32.8 | 0.2 | 33.1 | ||||
Total | 426.5 | 223.6 | 3,085.5 | 575.7 | 4,311.3 | 72.6 | 55.5 | 4,439.4 | 173.3 | 4,612.7 | ||||
2018 | United States | 486.1 | (13) | 157.2 | 4,901.8 | 613.5 | 6,158.6 | 123.7 | (14) | 90.0 | 6,372.3 | 286.0 | (15) | 6,658.3 |
Trinidad | 1.2 | 22.5 | (1.6) | 0.9 | 23.0 | -0 | (12.1) | 10.9 | 0.4 | 11.3 | ||||
Other International (1) | -0 | 13.9 | 20.1 | 10.7 | 44.7 | -0 | (8.2) | 36.5 | 0.3 | 36.8 | ||||
Total | 487.3 | 193.6 | 4,920.3 | 625.1 | 6,226.3 | 123.7 | 69.7 | 6,419.7 | 286.7 | 6,706.4 | ||||
2019 | United States | 276.1 | (16) | 213.5 | 4,855.2 | 625.4 | 5,970.2 | 380.0 | (17) | 181.1 | 6,531.3 | 269.7 | 6,801.0 | |
Trinidad | -0 | 46.6 | 23.4 | 0.6 | 70.6 | -0 | 1.0 | 71.6 | 2.4 | 74.0 | ||||
Other International (1) | -0 | 13.2 | 5.0 | 3.1 | 21.3 | -0 | 4.0 | 25.3 | 0.1 | 25.4 | ||||
Total | 276.1 | 273.3 | 4,883.6 | 629.1 | 6,062.1 | 380.0 | 186.1 | 6,628.2 | 272.2 | 6,900.4 | ||||
(1) Other International includes EOG's United Kingdom operations (until disposition in 4Q 2018), China operations, Argentina operations (effective 2Q 2012 until disposition in 3Q 2016), and, effective 1Q 2015, EOG's Canada operations. | ||||||||||||||
(2) Includes non-cash additions related to contingent consideration valued at $35 million at December 31, 2009 in connection with the acquisition of assets in the Haynesville and Bossier Shale Formations in the Upper Gulf Coast area. | ||||||||||||||
(3) Includes non-cash additions of $353 million related to a property exchange transaction in the Rocky Mountain area. | ||||||||||||||
(4) Includes non-cash leasehold acquisitions of $20 million related to property exchanges. | ||||||||||||||
(5) Includes $210 million for the acquisition of Galveston LNG Inc. | ||||||||||||||
(6) Includes non-cash additions of $66 million in connection with a capital lease transaction in the Eagle Ford Shale. | ||||||||||||||
(7) Prior to 2013, Facilities Costs are included in Development Drilling Costs. | ||||||||||||||
(8) Includes non-cash leasehold acquisitions of $3,115 million related to the Yates transaction. | ||||||||||||||
(9) Includes non-cash additions of $735 million related to the Yates transaction. | ||||||||||||||
(10) Includes non-cash additions of $17 million related to the Yates transaction. | ||||||||||||||
(11) Includes non-cash leasehold acquisitions of $256 million related to non-cash property exchanges. | ||||||||||||||
(12) Includes non-cash additions of $26 million related to the Yates transaction. | ||||||||||||||
(13) Includes non-cash leasehold acquisitions of $291 million related to non-cash property exchanges. | ||||||||||||||
(14) Includes non-cash additions of $71 million related to non-cash property exchanges. | ||||||||||||||
(15) Includes non-cash additions of $49 million related to a capital lease transaction in the Permian Basin. | ||||||||||||||
(16) Includes non-cash leasehold acquisitions of $98 million related to non-cash property exchanges. | ||||||||||||||
(17) Includes non-cash additions of $52 million related to non-cash property exchanges. |
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EOG Resources Inc. published this content on 06 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 August 2020 08:23:26 UTC