EOG Resources (EOG) FY2021 results: revenue $18.6 billion, up 69.0% on the year
EOG Resources Inc. (EOG) reported revenue of $18.6 billion for fiscal 2021, the year ended 31 December 2021, up 69.0% on the year before. Net income was $4.7 billion, and diluted earnings per share $7.99. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$18.6 billion
+69.0% on the year
FY2014FY2021
Operating margin
32.7%
-4.9% a year earlier
FY2014FY2021
Net income
$4.7 billion
FY2014FY2021
Diluted EPS
$7.99
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
8,791
5,008
8,163
+75.5%
Capital expenditure
212
221
270
-4.2%
Free cash flow
8,579
4,787
7,893
+79.2%
Free cash flow margin
46.0%
43.4%
45.4%
Cash from investing
-3,419
-3,348
-6,177
Cash from financing
-3,493
-359
-1,513
Depreciation and amortisation
3,651
3,400
3,750
+7.4%
Share-based compensation
152
146
175
+4.1%
Buybacks
41.0
16.0
25.0
+156.2%
Dividends paid
2,684
821
588
+227.0%
Dividend per share
$4.99
$1.50
$1.08
+232.5%
Diluted shares, weighted
584m
579m
581m
+0.9%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
22,180
20,302
21,640
+9.3%
Non-controlling interest
n/a
n/a
0.7
Debt
5,109
5,816
5,175
-12.2%
Operating lease liabilities
558
n/a
n/a
Finance lease liabilities
213
n/a
n/a
Other liabilities
10,176
9,686
10,308
+5.1%
Total liabilities and equity
38,236
35,805
37,125
+6.8%
Fixed assets
28,426
28,599
30,365
-0.6%
Cash and equivalents
5,209
3,329
2,028
+56.5%
Receivables
2,335
1,522
1,619
+53.4%
Inventory
584
629
767
-7.2%
Other assets
1,682
1,726
2,346
-2.5%
Total assets
38,236
35,805
37,125
+6.8%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.