Stock Analysis on Net
Stock Analysis on Net

EOG Resources Inc. (NYSE:EOG)

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

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

EOG Resources Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (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
Accounts payable 6.54 6.55 6.68 6.88 6.60 7.24 7.28 6.23 6.19 5.68 5.52 5.33 5.13 5.07 5.05 4.49 5.46 5.72 5.50 6.29
Accrued taxes payable 0.69 0.83 0.75 0.67 0.63 0.74 0.67 0.58 0.50 0.63 0.53 0.49 0.40 0.56 0.54 0.35 0.35 0.64 0.49 0.35
Dividends payable 0.45 0.45 0.46 0.36 0.37 0.38 0.33 0.35 0.32 0.33 0.33 0.33 0.33 0.36 0.35 0.35 0.34 0.33 0.27 0.26
Liabilities from price risk management activities 0.05 0.00 0.00 0.00 0.00 0.39 0.61 0.27 0.17 0.01 0.00 0.03 0.21 0.00 0.01 0.00 0.00 0.00 0.00 0.00
Deferred income taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.18
Current portion of long-term debt 2.73 2.78 2.84 2.57 2.69 3.75 3.93 1.18 1.19 0.02 2.07 0.02 0.02 0.03 0.03 0.02 0.02 0.13 0.02 1.46
Current portion of operating lease liabilities 0.99 1.05 1.11 1.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other 0.63 0.58 0.51 0.48 0.69 0.65 0.57 0.61 0.76 0.90 0.85 0.76 0.79 0.76 0.65 0.66 0.58 0.67 0.44 0.38
Current liabilities 12.09% 12.24% 12.35% 12.06% 10.99% 13.16% 13.39% 9.23% 9.14% 7.57% 9.30% 6.96% 6.88% 6.78% 6.63% 5.88% 6.74% 7.50% 6.72% 8.92%
Long-term debt, excluding current portion 11.21 11.39 11.65 14.49 15.24 15.38 16.12 19.75 20.22 22.15 21.80 23.89 23.69 27.31 27.02 26.50 24.67 23.44 18.87 18.43
Other liabilities 4.82 5.09 5.04 4.97 3.71 3.87 4.07 4.24 4.27 4.22 4.10 4.27 4.35 3.82 3.79 3.74 3.60 3.56 2.91 2.76
Deferred income taxes 13.59 13.47 13.25 12.67 13.01 12.49 12.05 12.00 11.79 17.73 17.29 17.20 17.61 15.92 15.89 16.78 17.01 16.80 20.06 19.53
Noncurrent liabilities 29.62% 29.95% 29.95% 32.13% 31.95% 31.73% 32.23% 35.99% 36.28% 44.10% 43.19% 45.36% 45.66% 47.05% 46.70% 47.02% 45.27% 43.79% 41.85% 40.72%
Total liabilities 41.71% 42.19% 42.30% 44.19% 42.94% 44.89% 45.62% 45.22% 45.42% 51.67% 52.49% 52.32% 52.54% 53.83% 53.32% 52.90% 52.02% 51.30% 48.57% 49.64%
Common stock, $0.01 par 0.55 0.56 0.58 0.58 0.61 0.61 0.64 0.67 0.69 0.71 0.70 0.70 0.70 0.80 0.80 0.78 0.76 0.75 0.61 0.59
Additional paid in capital 15.67 15.79 16.03 15.97 16.68 16.73 17.42 18.12 18.56 19.14 18.75 18.65 18.40 11.71 11.54 11.21 10.84 10.62 8.43 8.13
Accumulated other comprehensive loss -0.01 -0.01 -0.01 -0.01 0.00 -0.06 -0.05 -0.05 -0.06 -0.06 -0.06 -0.06 -0.06 -0.10 -0.10 -0.12 -0.12 -0.13 -0.08 -0.11
Retained earnings 42.15 41.54 41.21 39.40 39.91 37.99 36.50 36.19 35.51 28.68 28.21 28.52 28.51 33.82 34.55 35.34 36.59 37.57 42.54 41.80
Common stock held in treasury -0.07 -0.07 -0.09 -0.13 -0.12 -0.16 -0.13 -0.15 -0.11 -0.14 -0.10 -0.12 -0.08 -0.07 -0.11 -0.11 -0.09 -0.11 -0.07 -0.06
Stockholders’ equity 58.29% 57.81% 57.70% 55.81% 57.06% 55.11% 54.38% 54.78% 54.58% 48.33% 47.51% 47.68% 47.46% 46.17% 46.68% 47.10% 47.98% 48.70% 51.43% 50.36%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

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).

Accounts payable
The proportion of accounts payable relative to total liabilities and stockholders’ equity exhibited minor fluctuations over the periods, starting at 6.29% in early 2015. It showed a slight decline into 2016, followed by a gradual increase reaching 7.28% in mid-2018, and then marginally declining to approximately 6.54% by the end of 2019. Overall, the trend reflects moderate variability without strong directional movement.
Accrued taxes payable
This component showed a general upward trend across the observed timeline. From 0.35% in the first quarter of 2015, it rose steadily with some minor fluctuations, peaking at 0.83% in the third quarter of 2019, before slightly decreasing to 0.69% in the last quarter of 2019. The increasing presence of accrued taxes payable indicates a growing portion of liabilities attributable to tax obligations.
Dividends payable
The percentage of dividends payable remained relatively stable, maintaining values around 0.3% to 0.4% of total liabilities and stockholders’ equity throughout the evaluated periods. There was a slight increase in mid-to-late 2019 reaching 0.46%, which may represent elevated dividend commitments during that time.
Liabilities from price risk management activities
This item appeared intermittently from late 2015 onward, initially at negligible levels, but demonstrated a gradual rise by 2018 reaching 0.61% of total liabilities and equity. However, values remained low relative to other liabilities, indicating limited but growing exposure to price risk management obligations.
Current portion of long-term debt
This liability showed considerable volatility, with very low percentages near 0.02% appearing in early quarters and sudden spikes in the first and last quarters of 2017 and 2018, reaching as high as 3.93%. Post-2018, a stabilization occurred, with values generally around 2.5% to 2.8%, suggesting a somewhat increased burden of current maturities of long-term debt in recent periods.
Current portion of operating lease liabilities
Data for this category emerged only in 2019, consistently near 1.0% to 1.1%, signaling recognition of operating lease obligations as current liabilities in this timeframe.
Other current liabilities
These showed a slight gradual increase from 0.38% in early 2015 to around 0.9% in late 2017 before declining somewhat to about 0.63% by the end of 2019. The fluctuations suggest some variability in miscellaneous current liabilities over the years.
Current liabilities (total)
A notable trend is the fluctuation in total current liabilities. After decreasing from 8.92% in the first quarter of 2015 to a low of 5.88% in early 2016, a marked increase followed, peaking at over 13% in mid-2018. From there, current liabilities decreased somewhat but remained elevated above 12% toward the end of 2019. This pattern reflects periods of varying short-term debt or payables intensity.
Long-term debt, excluding current portion
The percentage of long-term debt showed an increase from approximately 18.4% in early 2015 to a peak of 27.3% by late 2016. Subsequently, a steady and consistent decline ensued, reaching around 11.2% by the end of 2019. This downward trend indicates significant debt reduction or reclassification.
Other liabilities
Other liabilities gradually increased from 2.76% in 2015 to a peak around 5% in the latter half of 2019, reflecting a growing component of non-specific liabilities within total obligations.
Deferred income taxes
The deferred income taxes item experienced some volatility but generally trended downward, falling from over 19.5% in early 2015 to approximately 12% by the end of 2017. Thereafter, there was a slight increase and stabilization in the 13% range through 2019, indicating adjustments in tax-related liabilities.
Noncurrent liabilities
Noncurrent liabilities rose initially from about 40.7% in early 2015 to nearly 47% in intermediate periods but then decreased steadily to about 29.6% by the end of 2019. This overall declining trend suggests reductions in longer-term obligations.
Total liabilities
The total liabilities ratio initially hovered in the low 50%s, peaking near 53.8% in late 2016, followed by a general decline to approximately 41.7% by the end of 2019. This indicates a gradual deleveraging or increased equity financing over the examined years.
Common stock, $0.01 par
The proportion of common stock remained very stable, oscillating slightly around 0.5% to 0.8% across all reporting periods, demonstrating little change in par value relative to total financing.
Additional paid-in capital
This component showed a substantial increase from 8.13% in early 2015 to a high of over 19% by late 2017, followed by a steady decrease to roughly 15.7% at the end of 2019. The pattern may indicate capital contributions and later possible distributions or adjustments.
Accumulated other comprehensive loss
Comprehensive loss remained relatively negligible throughout the periods, varying between approximately -0.01% and -0.13%. This minimal change suggests limited impact on equity from other comprehensive income items.
Retained earnings
Retained earnings displayed significant volatility, decreasing sharply from over 41.8% in early 2015 to a low near 28.5% in late 2016, then steadily increasing to above 42% by the end of 2019. The recovery trend in later years points to improved profitability or earnings retention.
Common stock held in treasury
The treasury stock component remained consistently negative but small in magnitude, fluctuating between -0.07% and -0.16%, indicating ongoing repurchases or stock retirements with modest net effect on total equity proportions.
Stockholders’ equity
Stockholders’ equity proportionate to total financing decreased from approximately 50.36% in early 2015 to a low near 46% in 2016, then recovered significantly, reaching nearly 58.3% by the end of 2019. This upward trend aligns with the observed decrease in liabilities, reflecting stronger equity financing.