EOG Resources, Inc. (EOG) Operating Margin: 35.14%
Is EOG Resources, Inc.’s operating margin high or low?
EOG Resources, Inc.'s operating margin of 35.14% is 24% above its 5-year average of 28.41%, near the high end of its 5-year range (-5.51%–41.42%).
The operating margin for EOG Resources, Inc. (EOG) is 35.14% as of Tuesday, June 9, 2026. It is above its 12-month average by 0.82% (34.86%).
EOG Operating Margin Chart
EOG Average Operating Margin Chart
EOG Current vs Average Operating Margin Chart
EOG Operating Margin Metrics
OPERATING MARGIN
35.14%
OPERATING MARGIN AVG TTM
34.86%
OPERATING MARGIN AVG 3Y
36.23%
OPERATING MARGIN AVG 5Y
28.41%
OPERATING MARGIN AVG 10Y
12.08%
OPERATING MARGIN AVG 15Y
14.74%
OPERATING MARGIN AVG 20Y
21.81%
CURRENT VS TTM AVG
+0.82%
CURRENT VS 3Y AVG
-3.01%
CURRENT VS 5Y AVG
+23.71%
CURRENT VS 10Y AVG
+190.87%
CURRENT VS 15Y AVG
+138.35%
CURRENT VS 20Y AVG
+61.13%
EOG Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EOG Resources, Inc. (EOG) | — | 35.14% | 34.86% | 36.23% | 28.41% |
| Phillips 66 (PSX) | $71.77B | 2.66% | 2.14% | 3.95% | 2.34% |
| Valero Energy Corporation (VLO) | $75.36B | 3.51% | 3.20% | 5.87% | 3.82% |
| Marathon Petroleum Corporation (MPC) | $75.36B | 4.35% | 4.06% | 6.83% | 2.22% |
| SLB N.V. (SLB) | $83.50B | 15.28% | 16.36% | 16.02% | 13.86% |
| Occidental Petroleum Corporation (OXY) | $56.25B | 17.24% | 19.63% | 24.70% | 17.59% |
| Antero Midstream Corporation (AM) | $10.10B | 51.20% | 53.61% | 54.17% | 43.65% |
| ConocoPhillips (COP) | $142.28B | 19.58% | 21.49% | 25.61% | 19.93% |
| Helmerich & Payne, Inc. (HP) | $3.79B | 6.20% | 11.29% | 11.09% | -4.30% |
| Chevron Corporation (CVX) | $371.97B | 9.04% | 12.04% | 14.55% | 10.20% |
Operating Efficiency
Gross Margin
68.1%
Operating Margin
35.1%
EOG Resources, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
EOG Resources, Inc. Operating Margin FAQ
- What is the operating margin for EOG Resources, Inc. (EOG)?
- The operating margin for EOG stock is 35.14%.
- Is EOG Resources, Inc.'s operating margin high or low?
- EOG Resources, Inc.'s operating margin of 35.14% is 24% above its 5-year average of 28.41%, near the high end of its 5-year range (-5.51%–41.42%).
- What is the TTM average operating margin for EOG Resources, Inc. (EOG)?
- The TTM average operating margin for EOG stock is 34.86%.
- What is the 3Y average operating margin for EOG Resources, Inc. (EOG)?
- The 3Y average operating margin for EOG stock is 36.23%.
- What is the 5Y average operating margin for EOG Resources, Inc. (EOG)?
- The 5Y average operating margin for EOG stock is 28.41%.
- What is the 10Y average operating margin for EOG Resources, Inc. (EOG)?
- The 10Y average operating margin for EOG stock is 12.08%.
- What is the 15Y average operating margin for EOG Resources, Inc. (EOG)?
- The 15Y average operating margin for EOG stock is 14.74%.
- What is the 20Y average operating margin for EOG Resources, Inc. (EOG)?
- The 20Y average operating margin for EOG stock is 21.81%.
EOG Resources, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 35.14% |
| 2024-12-31 | 34.57% |
| 2023-12-31 | 41.42% |
| 2022-12-31 | 33.79% |
| 2021-12-31 | 31.02% |
| 2020-12-31 | -5.51% |
| 2019-12-31 | 21.83% |
| 2018-12-31 | 26.02% |
| 2017-12-31 | 8.27% |
| 2016-12-31 | -16.42% |
| 2015-12-31 | -77.24% |
| 2014-12-31 | 31.50% |
| 2013-12-31 | 25.52% |
| 2012-12-31 | 13.39% |
| 2011-12-31 | 23.55% |
| 2010-12-31 | 9.04% |
| 2009-12-31 | 20.28% |
| 2008-12-31 | 52.86% |
| 2007-12-31 | 40.27% |
| 2006-12-31 | 53.11% |
| 2005-12-31 | 55.58% |
| 2004-12-31 | 42.56% |
| 2003-12-31 | 38.35% |
| 2002-12-31 | 15.84% |
| 2001-12-31 | 40.76% |
| 2000-12-31 | 46.77% |
| 1999-12-31 | 2.16% |
| 1998-12-31 | 14.06% |
| 1997-12-31 | 24.59% |
| 1996-12-31 | 28.58% |
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