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EOG Resources (BSP:E1OG34) Tax Rate % : 21.60% (As of Sep. 2024)


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What is EOG Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. EOG Resources's Tax Expense for the three months ended in Sep. 2024 was R$2,553 Mil. EOG Resources's Pre-Tax Income for the three months ended in Sep. 2024 was R$11,818 Mil. Therefore, EOG Resources's Tax Rate % for the quarter that ended in Sep. 2024 was 21.60%.

EOG Resources Tax Rate % Historical Data

The historical data trend for EOG Resources's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EOG Resources Tax Rate % Chart

EOG Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.85 18.13 21.39 21.63 21.62

EOG Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.10 21.58 22.22 21.76 21.60

EOG Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

EOG Resources's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=10265.081/47474.162
=21.62 %

EOG Resources's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=2552.926/11817.665
=21.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

EOG Resources Tax Rate % Related Terms

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EOG Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EOG Resources Inc (BSP:E1OG34) » Definitions » Tax Rate %
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Traded in Other Exchanges
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Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
Website
https://www.eogresources.com
EOG Resources is an oil and gas producer with acreage in several US shale plays, primarily in the Permian Basin and the Eagle Ford. At the end of 2023, it reported net proven reserves of 4.5 billion barrels of oil equivalent. Net production averaged roughly 985,000 barrels of oil equivalent per day in 2023 at a ratio of 71% oil and natural gas liquids and 29% natural gas.

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