EOG Resources (EOG) FY2015 results: revenue $8.8 billion, down 51.4% on the year
EOG Resources Inc. (EOG) reported revenue of $8.8 billion for fiscal 2015, the year ended 31 December 2015, down 51.4% on the year before. Net income was -$4.5 billion, and diluted earnings per share $-8.29. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2016.
Revenue
$8.8 billion
-51.4% on the year
FY2008FY2015
Operating margin
-76.3%
29.1% a year earlier
FY2008FY2015
Net income
-$4.5 billion
FY2008FY2015
Diluted EPS
-$8.29
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
8,757
18,035
14,487
-51.4%
Operating income
-6,686
5,242
3,675
Operating margin
-76.3%
29.1%
25.4%
Interest expense
237
201
235
+17.8%
Pre-tax income
-6,922
n/a
n/a
Income tax
-2,397
2,080
1,240
Net income
-4,525
2,915
2,197
Net margin
-51.7%
16.2%
15.2%
Diluted EPS
-$8.29
$5.32
$4.02
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
3,595
8,649
7,329
-58.4%
Capital expenditure
288
727
364
-60.4%
Free cash flow
3,307
7,922
6,966
-58.3%
Free cash flow margin
37.8%
43.9%
48.1%
Cash from investing
-5,320
-7,514
-6,315
Cash from financing
371
-328
-574
Depreciation and amortisation
3,314
3,997
3,601
-17.1%
Share-based compensation
131
145
134
-10.0%
Buybacks
48.8
127
63.8
-61.7%
Dividends paid
367
280
199
+31.2%
Dividend per share
$0.67
$0.58
$0.38
+14.5%
Diluted shares, weighted
546m
549m
546m
-0.5%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
12,943
17,713
15,418
-26.9%
Debt
6,660
5,910
5,913
+12.7%
Other liabilities
7,232
11,140
9,243
-35.1%
Total liabilities and equity
26,835
34,763
30,574
-22.8%
Fixed assets
24,211
29,173
26,149
-17.0%
Cash and equivalents
719
2,087
1,318
-65.6%
Receivables
931
1,779
1,659
-47.7%
Other assets
975
1,724
1,448
-43.4%
Total assets
26,835
34,763
30,574
-22.8%
10-K for the year ended 31 December 2015, filed 25 February 2016: the filing.