EOG Resources updates tax guidance. EOG Resources stock has USD 85.5 billion market value

Published on 10/26/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EOG expects USD 835-935 million in third-quarter tax expense. EOG Resources stock trades at EUR 145.10 on October 26, 2026 in trading.

Guidance and operating figures

EOG Resources raised its third-quarter tax expense outlook to USD 835-935 million on October 8, 2026.
Second-quarter revenue reached USD 8.62 billion, up 57.40 percent year over year.
EOG Resources stock trades at EUR 145.10 at 11:50 a.m. CEST at Lang & Schwarz on October 26, 2026.

EOG Resources, US26875P1012, Illustration mit AI erstellt.

EOG Resources (ISIN US26875P1012) is trading at EUR 145.10 at Lang & Schwarz on October 26, 2026 at 11:50 a.m. CEST. The company updated its third-quarter tax expense outlook to USD 835-935 million on October 8, 2026, according to the SEC filing.

Tax guidance moves higher

EOG had previously projected third-quarter current tax expense of USD 545-645 million. The new range is USD 835-935 million, an increase of USD 290 million at the lower end and USD 290 million at the upper end. The filing attributed the change to higher crude oil prices realized during the quarter and expected for the full year.

The update matters because it raises a direct cash cost while leaving EOG's other third-quarter and full-year guidance ranges unchanged. EOG explores, develops, produces and markets crude oil, natural gas liquids and natural gas, with operations centered on producing basins in the United States and Trinidad and Tobago.

What do the earnings figures show?

EOG's second-quarter revenue was USD 8.62 billion, up 57.40 percent from the same quarter a year earlier. Net income reached USD 2.72 billion and diluted earnings per share were USD 5.15 for the quarter ended June 30, 2026, according to MarketBeat. Revenue therefore increased by USD 3.16 billion from the prior-year quarter.

Three dated company developments

On November 6, 2025, EOG reported quarterly earnings per share of USD 2.71, according to the earnings history cited by Financial Tech Wiz. On August 4, 2026, second-quarter revenue reached USD 8.62 billion. On October 8, 2026, EOG lifted its third-quarter tax expense forecast to USD 835-935 million.

Dates for the next update

EOG's quarterly dividend of USD 1.02 per share is scheduled for payment on October 30, 2026, according to MarketBeat.

Stock trades during the session

EOG Resources has a primary listing on the New York Stock Exchange under ticker EOG. Its market capitalization was USD 85.5 billion at the close on October 23, 2026, while the 52-week range was USD 101.59 to USD 165.11.

EOG Resources was trading at EUR 145.10 at Lang & Schwarz on October 26, 2026 at 11:50 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of EOG Resources stock.