EOG Resources
EOG
Operating Margin for EOG Resources (EOG)
Operating Margin as of September 2023 (TTM): 33.57%
According to EOG Resources's latest financial reports and stock price the company's current Operating Margin is 33.57%. At the end of 2022 the company had an Operating Margin of 33.57%.
Operating Margin history for EOG Resources from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 33.57% | 11.3% |
| 2021 | 30.16% | -502.97% |
| 2020 | -7.49% | -135.77% |
| 2019 | 20.93% | -15.24% |
| 2018 | 24.69% | 318.46% |
| 2017 | 5.90% | -128.27% |
| 2016 | -20.87% | -73.9% |
| 2015 | -79.96% | -366.34% |
| 2014 | 30.02% | 25.78% |
| 2013 | 23.87% | 106.03% |
| 2012 | 11.59% | -38.57% |
| 2011 | 18.86% | 181.99% |
| 2010 | 6.69% | -63.28% |
| 2009 | 18.22% | -68.95% |
| 2008 | 58.66% | 45.27% |
| 2007 | 40.38% | -17.56% |
| 2006 | 48.99% | -10.09% |
| 2005 | 54.48% | 35.46% |
| 2004 | 40.22% | 11.97% |
| 2003 | 35.92% | 228.67% |
| 2002 | 10.93% | -71.36% |
| 2001 | 38.16% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Apache Corporation APA | 51.77% | 54.22% | 🇺🇸 USA |
 ConocoPhillips COP | 30.86% | -8.07% | 🇺🇸 USA |
 Marathon Oil
MRO | 39.59% | 17.93% | 🇺🇸 USA |
 Occidental Petroleum OXY | 38.53% | 14.78% | 🇺🇸 USA |
 Devon Energy
DVN | 40.56% | 20.82% | 🇺🇸 USA |
 Hess HES | 32.50% | -3.19% | 🇺🇸 USA |
 Pioneer Natural Resources PXD | 40.80% | 21.54% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 31.90% | -4.97% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.