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Income Statement Quarterly Data

Difficulty: Beginner

The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

EOG Resources Inc., Consolidated Income Statement (quarterly data)

USD $ in thousands

3 months ended 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 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Crude oil and condensate
Natural gas liquids
Natural gas
Gains (losses) on mark-to-market commodity derivative contracts
Gathering, processing and marketing
Gains (losses) on asset dispositions, net
Other, net
Operating revenues and other
Lease and well
Transportation costs
Gathering and processing costs
Cost of operating revenues
Gross profit
Exploration costs
Dry hole costs
Marketing costs
Depreciation, depletion and amortization
General and administrative
Taxes other than income
Operating income (loss)
Other income (expense), net
Income (loss) before interest expense and income taxes
Interest expense, net
Income (loss) before income taxes
Income tax (provision) benefit
Net income (loss)
Source: EOG Resources Inc., Quarterly and Annual Reports
Item Description The company
Operating revenues and other Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. EOG Resources Inc.'s operating revenues and other increased from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. EOG Resources Inc.'s operating income (loss) increased from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.
Income (loss) before income taxes Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. EOG Resources Inc.'s income (loss) before income taxes increased from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.
Net income (loss) The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. EOG Resources Inc.'s net income (loss) increased from Q3 2017 to Q4 2017 but then slightly declined from Q4 2017 to Q1 2018 not reaching Q3 2017 level.