Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

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

US$ in thousands

	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	2,027,972)	1,583,105)	1,160,485)	1,135,810)	1,555,634)	1,274,132)	1,008,215)	816,094)	834,228)	846,138)	1,649,443)	1,546,566)	1,599,895)	1,048,727)	779,722)	668,481)	718,506)	742,689)	1,367,395)	2,127,419)
Accounts receivable, net	2,001,658)	1,927,996)	2,001,953)	2,203,438)	1,915,215)	2,151,247)	1,907,990)	1,702,100)	1,597,494)	1,243,535)	1,114,454)	1,187,112)	1,216,320)	920,189)	935,592)	780,625)	930,610)	1,123,111)	1,304,848)	1,266,582)
Inventories	767,297)	778,120)	853,128)	860,764)	859,359)	766,964)	670,994)	584,729)	483,865)	344,016)	336,198)	314,194)	350,017)	429,667)	495,826)	538,926)	598,935)	660,252)	661,162)	764,206)
Assets from price risk management activities	1,299)	122,627)	134,951)	3,909)	23,806)	1,569)	1,840)	761)	7,699)	3,297)	4,746)	1,142)	—)	2,185)	—)	4,070)	—)	71,503)	106,821)	329,825)
Income taxes receivable	151,665)	135,680)	121,364)	440,217)	427,909)	320,938)	364,119)	262,789)	113,357)	126,881)	91,256)	80,503)	12,305)	178)	4,880)	39,045)	40,704)	53,667)	48,448)	61,120)
Deferred income taxes	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	169,387)	137,098)	46,712)	177,057)	147,812)	40,619)	39,613)	18,703)
Other	323,448)	272,203)	223,640)	263,747)	275,467)	302,242)	278,694)	218,624)	242,465)	200,096)	187,276)	264,559)	206,679)	199,720)	187,389)	157,608)	155,677)	133,117)	209,431)	225,513)
Current assets	5,273,339)	4,819,731)	4,495,521)	4,907,885)	5,057,390)	4,817,092)	4,231,852)	3,585,097)	3,279,108)	2,763,963)	3,383,373)	3,394,076)	3,554,603)	2,737,764)	2,450,121)	2,365,812)	2,592,244)	2,824,958)	3,737,718)	4,793,368)
Oil and gas properties (successful efforts method)	62,830,415)	61,620,033)	60,214,151)	58,691,746)	57,330,016)	56,799,237)	55,319,050)	53,854,438)	52,555,741)	51,716,999)	50,973,760)	50,195,608)	49,592,091)	50,465,979)	51,355,620)	51,159,332)	50,613,241)	50,025,191)	48,936,092)	47,727,944)
Other property, plant and equipment	4,472,246)	4,394,486)	4,328,675)	4,277,888)	4,220,665)	4,191,958)	4,141,479)	4,082,781)	3,960,759)	3,934,137)	3,883,759)	3,977,721)	4,008,564)	4,013,602)	4,001,132)	4,004,310)	3,986,610)	3,890,934)	3,840,210)	3,849,210)
Property, plant and equipment	67,302,661)	66,014,519)	64,542,826)	62,969,634)	61,550,681)	60,991,195)	59,460,529)	57,937,219)	56,516,500)	55,651,136)	54,857,519)	54,173,329)	53,600,655)	54,479,581)	55,356,752)	55,163,642)	54,599,851)	53,916,125)	52,776,302)	51,577,154)
Accumulated depreciation, depletion and amortization	(36,938,066)	(35,810,197)	(34,818,395)	(33,840,631)	(33,475,162)	(33,043,454)	(32,306,734)	(31,561,571)	(30,851,463)	(29,926,547)	(29,277,359)	(28,566,869)	(27,893,577)	(31,835,196)	(32,143,873)	(31,362,209)	(30,389,130)	(29,640,793)	(22,801,124)	(21,855,433)
Property, plant and equipment, net	30,364,595)	30,204,322)	29,724,431)	29,129,003)	28,075,519)	27,947,741)	27,153,795)	26,375,648)	25,665,037)	25,724,589)	25,580,160)	25,606,460)	25,707,078)	22,644,385)	23,212,879)	23,801,433)	24,210,721)	24,275,332)	29,975,178)	29,721,721)
Deferred income taxes	2,363)	1,998)	1,489)	1,224)	777)	16,880)	17,067)	18,182)	17,506)	17,406)	16,888)	16,232)	—)	—)	—)	—)	—)	—)	—)	—)
Other assets	1,484,311)	1,516,218)	1,530,060)	1,625,423)	800,788)	856,023)	689,666)	761,590)	871,427)	299,347)	283,196)	195,206)	197,752)	172,772)	167,538)	171,178)	172,279)	176,957)	171,200)	177,365)
Noncurrent assets	31,851,269)	31,722,538)	31,255,980)	30,755,650)	28,877,084)	28,820,644)	27,860,528)	27,155,420)	26,553,970)	26,041,342)	25,880,244)	25,817,898)	25,904,830)	22,817,157)	23,380,417)	23,972,611)	24,383,000)	24,452,289)	30,146,378)	29,899,086)
Total assets	37,124,608)	36,542,269)	35,751,501)	35,663,535)	33,934,474)	33,637,736)	32,092,380)	30,740,517)	29,833,078)	28,805,305)	29,263,617)	29,211,974)	29,459,433)	25,554,921)	25,830,538)	26,338,423)	26,975,244)	27,277,247)	33,884,096)	34,692,454)

Cash and Cash Equivalents: The cash and cash equivalents show significant fluctuations over the analyzed periods. Starting from over 2.1 billion US dollars in early 2015, there was a decline reaching a low in late 2015, followed by a gradual recovery through 2016. From 2017 onward, cash levels generally increased with some volatility, culminating near 2 billion by the end of 2019, indicating improved liquidity management or increased operational cash flow during this timeframe.
Accounts Receivable, Net: Accounts receivable exhibited a volatile pattern, with a noticeable dip from early 2015 into 2016, reaching lows around 780 million US dollars. Subsequently, there was a growth trend from 2016 onwards, peaking over 2.2 billion in mid-2019. Despite some fluctuations, the overall trend suggests increasing sales or receivables collection over time.
Inventories: Inventory levels followed a consistent downward trajectory from early 2015 through 2016, declining from over 760 million to around 350 million US dollars. However, from 2017 there was a steady and substantial increase, reaching approximately 860 million by mid-2019, possibly reflecting increased production or stockpiling in anticipation of demand or price changes.
Assets from Price Risk Management Activities: This category showed high volatility and intermittent missing data. Initial values decreased dramatically from over 329 million US dollars in early 2015 to near zero by late 2015 and early 2016. A sharp increase was observed mid-to-late 2019, reaching over 120 million, indicating renewed or intensified risk management activities during that period.
Income Taxes Receivable: Income taxes receivable remained relatively low and stable during 2015 and early 2016, followed by an increasing trend throughout 2017 and 2018, achieving a peak exceeding 440 million US dollars by mid-2019. This pattern may imply changes in tax strategies, timing differences, or recognition of tax benefits.
Deferred Income Taxes (Current and Noncurrent): Current deferred income taxes data was inconsistent, with missing values for multiple quarters. Noncurrent deferred income taxes started appearing only from early 2017 onward, gradually increasing but overall remaining at modest levels compared to other tax-related assets, suggesting shifting timing differences related to tax obligations.
Other Current Assets: Other current assets generally declined from over 225 million in early 2015 to lower levels by 2016. From 2017, the values fluctuated significantly, peaking near 320 million by the end of 2019, indicating changes in miscellaneous current asset components or improved asset recognition.
Current Assets: The total current assets showed a declining trend from over 4.7 billion early in 2015 to approximately 2.3 billion by early 2016, followed by a gradual recovery and steady growth reaching over 5.2 billion by the end of 2019. This trend aligns with improved liquidity and operational asset management over the years.
Oil and Gas Properties (Successful Efforts Method): These assets showed a progressive increase from approximately 47.7 billion US dollars in early 2015 to over 62.8 billion by the end of 2019. The steady growth reflects ongoing capital investment in exploration and production activities, despite some small contractions in specific quarters.
Other Property, Plant, and Equipment: This asset category remained relatively stable, with a slight increase from about 3.8 billion in early 2015 to approximately 4.5 billion by the end of 2019. The modest growth suggests steady investment in non-exploration-related physical assets.
Property, Plant and Equipment (Total and Net): Total property, plant, and equipment increased consistently from approximately 51.6 billion in early 2015 to over 67.3 billion by end 2019. However, accumulated depreciation, depletion, and amortization also increased substantially, reducing the net value to around 30.4 billion by the end of the analyzed period. Notably, net property, plant, and equipment experienced declines in 2015 and 2016 but showed recovery and growth from 2017 onwards, indicating balancing between asset additions and depreciation.
Other Assets: Other assets displayed a generally increasing trend with some volatility. Starting around 177 million at the beginning of 2015, the figure peaked in excess of 1.6 billion in mid to late 2019, suggesting recognition of additional long-term assets or investment in non-core activities.
Noncurrent Assets and Total Assets: Noncurrent assets declined sharply from early 2015 to around 2016, then increased steadily thereafter. Total assets corresponded with this pattern, declining from roughly 34.7 billion in early 2015 to around 25.5 billion in late 2016, then rising to over 37.1 billion by the end of 2019. This dynamic evidences a period of asset contraction followed by expansion, possibly reflective of strategic divestitures followed by reinvestment or asset revaluation.

Assets: Selected Items

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Current Assets: Selected Items

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EOG Resources Inc. (NYSE:EOG)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data