EOG Resources, Inc. (EOG) Gross Margin: 71.29%
Is EOG Resources, Inc.’s gross margin high or low?
EOG Resources, Inc.'s gross margin of 71.29% is in line with its 5-year average of 71.49%, around the middle of its 5-year range (50.15%–83.48%).
The gross margin for EOG Resources, Inc. (EOG) is 71.29% as of Wednesday, June 10, 2026. It is below its 12-month average by 0.86% (71.91%).
EOG Gross Margin Chart
EOG Average Gross Margin Chart
EOG Current vs Average Gross Margin Chart
EOG Gross Margin Metrics
GROSS MARGIN
71.29%
GROSS MARGIN AVG TTM
71.91%
GROSS MARGIN AVG 3Y
76.49%
GROSS MARGIN AVG 5Y
71.49%
GROSS MARGIN AVG 10Y
64.50%
GROSS MARGIN AVG 15Y
63.62%
GROSS MARGIN AVG 20Y
67.54%
CURRENT VS TTM AVG
-0.86%
CURRENT VS 3Y AVG
-6.80%
CURRENT VS 5Y AVG
-0.28%
CURRENT VS 10Y AVG
+10.53%
CURRENT VS 15Y AVG
+12.06%
CURRENT VS 20Y AVG
+5.55%
EOG Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EOG Resources, Inc. (EOG) | — | 71.29% | 71.91% | 76.49% | 71.49% |
| Phillips 66 (PSX) | $72.86B | 7.04% | 4.16% | 5.87% | 4.46% |
| Valero Energy Corporation (VLO) | $76.63B | 7.24% | 4.02% | 6.61% | 4.66% |
| Marathon Petroleum Corporation (MPC) | $76.89B | 8.80% | 7.12% | 9.52% | 7.42% |
| SLB N.V. (SLB) | $82.98B | 17.33% | 19.38% | 19.24% | 17.32% |
| Occidental Petroleum Corporation (OXY) | $56.79B | 26.23% | 34.70% | 37.70% | 30.44% |
| Antero Midstream Corporation (AM) | $10.32B | 64.52% | 64.44% | 63.13% | 63.71% |
| Helmerich & Payne, Inc. (HP) | $3.93B | 11.29% | 20.61% | 19.84% | 12.13% |
| ConocoPhillips (COP) | $146.50B | 29.18% | 26.99% | 30.86% | 25.33% |
| enCore Energy Corp. (EU) | $249.59M | 22.33% | 5.06% | 14.79% | 9.86% |
Gross Margin Analysis
Gross Margin
71.3%
(Revenue - COGS) / Revenue
EOG Resources, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
EOG Resources, Inc. Gross Margin FAQ
- What is the gross margin for EOG Resources, Inc. (EOG)?
- The gross margin for EOG stock is 71.29%.
- Is EOG Resources, Inc.'s gross margin high or low?
- EOG Resources, Inc.'s gross margin of 71.29% is in line with its 5-year average of 71.49%, around the middle of its 5-year range (50.15%–83.48%).
- What is the TTM average gross margin for EOG Resources, Inc. (EOG)?
- The TTM average gross margin for EOG stock is 71.91%.
- What is the 3Y average gross margin for EOG Resources, Inc. (EOG)?
- The 3Y average gross margin for EOG stock is 76.49%.
- What is the 5Y average gross margin for EOG Resources, Inc. (EOG)?
- The 5Y average gross margin for EOG stock is 71.49%.
- What is the 10Y average gross margin for EOG Resources, Inc. (EOG)?
- The 10Y average gross margin for EOG stock is 64.50%.
- What is the 15Y average gross margin for EOG Resources, Inc. (EOG)?
- The 15Y average gross margin for EOG stock is 63.62%.
- What is the 20Y average gross margin for EOG Resources, Inc. (EOG)?
- The 20Y average gross margin for EOG stock is 67.54%.
EOG Resources, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 68.11% |
| 2024-12-31 | 75.70% |
| 2023-12-31 | 78.66% |
| 2022-12-31 | 83.48% |
| 2021-12-31 | 72.83% |
| 2020-12-31 | 50.15% |
| 2019-12-31 | 66.97% |
| 2018-12-31 | 69.99% |
| 2017-12-31 | 58.92% |
| 2016-12-31 | 38.31% |
| 2015-12-31 | 46.37% |
| 2014-12-31 | 66.59% |
| 2013-12-31 | 66.56% |
| 2012-12-31 | 61.40% |
| 2011-12-31 | 60.56% |
| 2010-12-31 | 53.25% |
| 2009-12-31 | 76.16% |
| 2008-12-31 | 84.25% |
| 2007-12-31 | 76.44% |
| 2006-12-31 | 79.52% |
| 2005-12-31 | 84.16% |
| 2004-12-31 | 80.13% |
| 2003-12-31 | 81.84% |
| 2002-12-31 | 74.93% |
| 2001-12-31 | 76.23% |
| 2000-12-31 | 81.75% |
| 1999-12-31 | 57.40% |
| 1998-12-31 | 71.96% |
| 1997-12-31 | 74.69% |
| 1996-12-31 | 77.28% |
Related Metrics
About EOG Resources, Inc.
EOG Resources, Inc., alongside its subsidiaries, is actively involved in the exploration, development, production, and commercialization of crude oil, natural gas, and natural gas liquids. The company's primary operational hubs for production are located in New Mexico and Texas within the United States, as well as the Republic of Trinidad and Tobago. As of December 31, 2021, its total estimated net proved reserves amounted to 3,747 million barrels of oil equivalent. This figure comprised 1,548 million barrels of crude oil and condensate, 829 million barrels of natural gas liquids, and 8,222 billion cubic feet of natural gas. Formerly known as Enron Oil & Gas Company, EOG Resources, Inc. was established in 1985 and has its corporate headquarters in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Ezra Y. Yacob