EOG Resources (MEX:EOG) Tax Rate %: 22.50% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:EOG EOG Resources Inc MEX:EOG
79 GF Score
Price MXN2,440.00
GF Value MXN2,632.81
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is EOG Resources Tax Rate %?

EOG Resources MEX:EOG 79 Tax Rate % is 22.50% as of Mar. 2026. GuruFocus rates MEX:EOG with a GF Score™ of 79/100 and a GF Value™ of MXN2,632.81 (Fairly Valued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. EOG Resources's Tax Expense for the three months ended in Mar. 2026 was MXN10,369 Mil. EOG Resources's Pre-Tax Income for the three months ended in Mar. 2026 was MXN46,074 Mil. Therefore, EOG Resources's Tax Rate % for the quarter that ended in Mar. 2026 was 22.50%.


EOG Resources Tax Rate % Related Terms


EOG Resources Tax Rate % Historical Data

* Premium members only.

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.

EOG Resources Tax Rate % Chart

EOG Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.39 21.63 21.62 22.09 21.72

EOG Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.06 23.19 19.35 22.97 22.50
MEX:EOG
79GF Score
EOG Resources Inc MEX:EOG
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=24883.877/114552.263
=21.72 %

EOG Resources's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=10368.803/46073.549
=22.50 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.50% mean?
EOG Resources (MEX:EOG) has a Tax Rate % of 22.50% as of Mar. 2026.
Is EOG Resources' Tax Rate % too high?
EOG Resources' current Tax Rate % is 22.50%. Overall, EOG Resources has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does EOG Resources' Tax Rate % compare to FANG and OXY?
EOG Resources' Tax Rate % of 22.50% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. EOG Resources's current Tax Rate % is 22.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EOG Resources stock overvalued right now?
Based on GuruFocus' analysis, EOG Resources (MEX:EOG) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,632.81, compared to a current price of MXN2,440.00 — trading 7.3% below its estimated fair value. The current Tax Rate % is 22.50%. EOG Resources' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For EOG Resources (MEX:EOG), the current Tax Rate % is 22.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is EOG Resources (MEX:EOG) Overvalued in 2026?

Based on GuruFocus' analysis, EOG Resources stock appears to be undervalued. The current stock price of MXN2,440.00 is trading 7.3% below its estimated GF Value™ of MXN2,632.81. GuruFocus considers EOG Resources to be Fairly Valued.

Key valuation signals for MEX:EOG:

  • Tax Rate %: 22.50%
  • GF Value™: MXN2,632.81 vs. price of MXN2,440.00 (7.3% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the MEX:EOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EOG Resources Business Description

Industry EnergyOil & Gas
Address 1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
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 2024, it reported net proven reserves of 4.7 billion barrels of oil equivalent. Net production averaged roughly 1,232 thousand barrels of oil equivalent per day in 2025 at a ratio of 69% oil and natural gas liquids and 31% natural gas.
79GF Score

Get the complete analysis for MEX:EOG

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,440.00
Price
MXN2,632.81
GF Value