.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 | ||||||||||||||||||||||
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| | 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 | ||||||||||||||||||||||||||||||||||||||||||
| | Impairments | ||||||||||||||||||||||||||||||||||||||||||
| | 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) | | | | | | | | | | | | | | | | | | | | | |
| 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. |
