Stock Analysis on Net
Stock Analysis on Net

EOG Resources Inc. (NYSE:EOG)

$22.49

This company has been moved to the archive! The financial data has not been updated since February 27, 2020.

Common-Size Balance Sheet: Assets
Quarterly Data

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EOG Resources Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Cash and cash equivalents
Accounts receivable, net
Inventories
Assets from price risk management activities
Income taxes receivable
Deferred income taxes
Other
Current assets
Oil and gas properties (successful efforts method)
Other property, plant and equipment
Property, plant and equipment
Accumulated depreciation, depletion and amortization
Property, plant and equipment, net
Deferred income taxes
Other assets
Noncurrent assets
Total assets

Based on: 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

Cash and Cash Equivalents
The percentage of cash and cash equivalents relative to total assets fluctuated over the analyzed quarters, with an initial decline from 6.13% in March 2015 to 2.54% in March 2016, followed by a gradual increase reaching 5.46% by December 2019. This suggests a variable liquidity position, improving notably in the last quarters.
Accounts Receivable, Net
Accounts receivable as a proportion of total assets showed a generally increasing trend over the period, beginning at 3.65% in early 2015 and peaking at 6.40% in September 2018 before a slight decline to 5.39% by the end of 2019. This may reflect growing sales on credit or delayed collection periods.
Inventories
Inventory levels as a percentage of total assets exhibited a somewhat cyclical pattern, declining to 1.08% by March 2017 after an initial reduction, then climbing to a peak of 2.53% in December 2018, followed by a modest decrease to 2.07% in the final quarter. This indicates fluctuations in stock levels relative to asset size.
Assets from Price Risk Management Activities
These assets remained consistently low throughout the period, mostly near zero percent of total assets with minor spikes observed mid-2019. This indicates minimal impact or investment in such activities relative to overall assets.
Income Taxes Receivable
Income taxes receivable showed a moderate increase from 0.18% in early 2015 to a high of 1.26% in December 2018, before decreasing noticeably to around 0.4% by the end of 2019. This trend may reflect timing differences in tax recoveries or adjustments over the periods.
Deferred Income Taxes
Information on deferred income taxes showed irregular reporting with some missing data, but available values reveal fluctuations between 0.05% and 0.67%, with a minor presence towards the end of the period. The inconsistency limits comprehensive trend analysis.
Other Current Assets
This category remained relatively stable, ranging from 0.49% to 0.9% of total assets, indicating a consistent but minor proportion of other current asset types.
Current Assets Overall
Current assets as a whole demonstrated a mild downward trend from 13.82% in the first quarter of 2015 to about 9.6%-10.99% in 2017, followed by a steady increase up to 14.2% at the end of 2019. This reflects an improving short-term asset base in relation to the total assets over time.
Oil and Gas Properties (Successful Efforts Method)
These properties increased significantly from 137.57% in early 2015 to a peak of approximately 198.82% in the middle of 2016, followed by a notable decline to around 168% towards the end of 2019. This indicates initial heavy capital investment or asset revaluation, followed by reductions possibly due to depreciation, divestiture, or impairment.
Other Property, Plant and Equipment
This asset category showed minor fluctuations but generally declined from about 15.71% in late 2016 to roughly 12% by the end of 2019, suggesting gradual divestment or reclassification.
Property, Plant and Equipment (Overall)
Overall property, plant and equipment displayed an initial increase up to 214.31% of total assets in mid-2016, followed by a decline to about 181.29% by the last quarter of 2019. This aligns with the trends observed in oil and gas properties and other equipment, implying asset base growth followed by stabilization or reduction.
Accumulated Depreciation, Depletion, and Amortization
The accumulated depreciation increased dramatically until late 2016 (absent negative values falling from -63% to -124.58%) and then recovered to around -99.5% by the end of 2019, indicating sizable asset aging and gradual write-downs or asset retirements over time.
Property, Plant, and Equipment, Net
The net value of property, plant, and equipment as a proportion of total assets decreased steadily from 85.67% at the beginning of 2015 to 81.79% by the end of 2019. This decline reflects the impact of depreciation exceeding new asset additions or revaluations in the reported periods.
Other Assets
Other assets experienced a heavy increase particularly around 2017 and 2018, rising from about 0.5% to over 4% by 2019. This may suggest accumulation of intangible assets, investments, or other noncurrent assets becoming more prominent relative to total assets.
Noncurrent Assets
Noncurrent assets consistently accounted for a large majority of total assets, maintaining a range from approximately 85% to 91%. Although there was a slow decline from around 91% in early 2016 to closer to 85.8% by the end of 2019, this category remained the dominant component of asset structure.
Total Assets
Total assets are the reference total for percentage calculations and remain constant at 100% by definition in the dataset. The analysis of constituent parts indicates a portfolio with heavy reliance on long-lived property assets with variation in liquidity and receivable levels across the years.