How did EOG's revenue and expenses shift in Q4 2024?

EOG Resources saw a significant shift in its revenue and expenses in Q4 2024, with the company's net income reaching $1.25 billion. However, the operating expenses were not provided for this segment, which makes it difficult to analyze the full financial picture. Here's a detailed breakdown of EOG's revenue by business segment in Q4 2024:

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|EOG|EOG.N|EOG Resources|20240101-2024|Commodity Derivative Contracts|2.04E8|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Other|7.7E7|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Other|4.9E7|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Other|2.6E7|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Crude Oil and Condensate|3.48E9|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Commodity Derivative Contracts|2.37E8|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Gathering Processing and Marketing|1.459E9|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Asset Dispositions Net|2.6E7|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Other|2.6E7|169|
|EOG|EOG.N|EOG Resources|20240101-2024|Natural Gas Liquids|5.13E8|169|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|EOG|EOG.N|EOG Resources|2024 Q1|-11.566979733069699|1.789E9|169|
|EOG|EOG.N|EOG Resources|2024 Q2|8.821635544108178|1.69E9|169|
|EOG|EOG.N|EOG Resources|2024 Q3|-17.586206896551722|1.673E9|169|
|EOG|EOG.N|EOG Resources|2024 Q4|-37.072434607645874|1.251E9|169|

The data indicates that EOG's revenue was primarily driven by the Crude Oil and Condensate segment, with $13.92 billion in revenue. The Gathering Processing and Marketing segment also contributed significantly, albeit with lower revenue compared to the Crude Oil and Condensate segment, at $5.8 billion. The Natural Gas Liquids segment and the Natural Gas segment had revenues of $2.11 billion and $1.55 billion, respectively.

It's important to note that while the net income was the same across all segments, the revenue distribution highlights the diversity of EOG's business segments and their contribution to the company's overall revenue. However, the lack of operating expense data prevents a comprehensive analysis of the company's financial performance in Q4 2024.