EOG Resources (EOG) FY2012 results: revenue $11.7 billion, up 15.4% on the year
EOG Resources Inc. (EOG) reported revenue of $11.7 billion for fiscal 2012, the year ended 31 December 2012, up 15.4% on the year before. Net income was $570 million, down 47.7%, and diluted earnings per share $1.05. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2013.
Revenue
$11.7 billion
+15.4% on the year
FY2007FY2012
Operating margin
12.7%
20.9% a year earlier
FY2007FY2012
Net income
$570 million
-47.7% on the year
FY2007FY2012
Diluted EPS
$1.05
-48.5% on the year
FY2007FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
11,683
10,126
6,100
+15.4%
Operating income
1,480
2,113
523
-30.0%
Operating margin
12.7%
20.9%
8.6%
Interest expense
214
210
130
+1.5%
Income tax
710
819
247
-13.2%
Net income
570
1,091
161
-47.7%
Net margin
4.9%
10.8%
2.6%
Diluted EPS
$1.05
$2.05
$0.32
-48.5%
$ 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
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
5,237
4,578
2,709
+14.4%
Capital expenditure
620
656
371
-5.6%
Free cash flow
4,617
3,922
2,338
+17.7%
Free cash flow margin
39.5%
38.7%
38.3%
Cash from investing
-6,119
-5,755
-4,903
Cash from financing
1,140
1,009
2,303
+13.0%
Depreciation and amortisation
3,170
2,516
1,942
+26.0%
Share-based compensation
128
128
107
-0.4%
Buybacks
58.6
23.9
11.3
+144.9%
Dividends paid
181
167
153
+8.3%
Dividend per share
$0.34
$0.32
$0.31
+6.3%
Diluted shares, weighted
542m
533m
509m
+1.7%
Shares outstanding at period end
543m
538m
508m
+1.0%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
13,285
12,641
10,232
+5.1%
Debt
6,312
5,009
5,223
+26.0%
Other liabilities
7,740
7,189
6,169
+7.7%
Total liabilities and equity
27,337
24,839
21,624
+10.1%
Fixed assets
23,338
21,289
18,681
+9.6%
Cash and equivalents
876
616
789
+42.3%
Receivables
1,657
1,451
1,113
+14.2%
Other assets
1,466
1,483
1,041
-1.2%
Total assets
27,337
24,839
21,624
+10.1%
10-K for the year ended 31 December 2012, filed 22 February 2013: the filing.