EOG Resources (EOG) FY2011 results: revenue $10.1 billion, up 66.0% on the year
EOG Resources Inc. (EOG) reported revenue of $10.1 billion for fiscal 2011, the year ended 31 December 2011, up 66.0% on the year before. Net income was $1.1 billion, up 579.2%, and diluted earnings per share $2.05. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2012.
Revenue
$10.1 billion
+66.0% on the year
FY2007FY2011
Operating margin
20.9%
8.6% a year earlier
FY2007FY2011
Net income
$1.1 billion
+579.2% on the year
FY2007FY2011
Diluted EPS
$2.05
+550.8% on the year
FY2007FY2011
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2011
FY2010
FY2009
On the year
Last 8 years
Revenue
10,126
6,100
4,787
+66.0%
Operating income
2,113
523
971
+303.8%
Operating margin
20.9%
8.6%
20.3%
Interest expense
210
130
101
+62.3%
Income tax
819
247
325
+231.0%
Net income
1,091
161
547
+579.2%
Net margin
10.8%
2.6%
11.4%
Diluted EPS
$2.05
$0.32
$1.08
+550.8%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2011
FY2010
FY2009
On the year
Last 8 years
Operating cash flow
4,578
2,709
2,922
+69.0%
Capital expenditure
656
371
326
+77.0%
Free cash flow
3,922
2,338
2,596
+67.8%
Free cash flow margin
38.7%
38.3%
54.2%
Cash from investing
-5,755
-4,903
-3,415
Cash from financing
1,009
2,303
834
-56.2%
Depreciation and amortisation
2,516
1,942
1,549
+29.6%
Share-based compensation
128
107
95.2
+19.5%
Buybacks
23.9
11.3
11.0
+111.8%
Dividends paid
167
153
142
+9.1%
Dividend per share
$0.32
$0.31
$0.29
+3.2%
Diluted shares, weighted
533m
509m
504m
+4.6%
Shares outstanding at period end
538m
508m
505m
+5.9%
Balance sheet
$ million
FY2011
FY2010
FY2009
On the year
Last 8 years
Shareholders' equity
12,641
10,232
9,998
+23.5%
Debt
5,009
5,223
2,797
-4.1%
Other liabilities
7,189
6,169
5,324
+16.5%
Total liabilities and equity
24,839
21,624
18,119
+14.9%
Fixed assets
21,289
18,681
16,139
+14.0%
Cash and equivalents
616
789
686
-21.9%
Receivables
1,451
1,113
771
+30.4%
Other assets
1,483
1,041
522
+42.4%
Total assets
24,839
21,624
18,119
+14.9%
10-K for the year ended 31 December 2011, filed 24 February 2012: the filing.