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Chart in Focus: How Much Cash Did EOG Resources Generate in 2Q16?

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2Q16 cash flow

For 2Q16, EOG Resources (EOG) reported cash flow of $0.92 per share, which is ~44% lower than it generated in 2Q15.

As the graph shows, EOG Resources’ cash flow dropped steeply in 1Q15, mainly due to lower realized crude oil (USO) and natural gas (UNG) prices. In 2015, EOG Resources reported much lower cash flows than in preceding years. In 1Q16, EOG Resources reported cash flows of $0.53 per share—its lowest since 2002.

For 2Q16, EOG Resources reported free cash flow of about -$0.20 per share.

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Other upstream players

Due to the steep downward trend in energy prices, most S&P 500 (SPY) energy companies have reported lower YoY (year-over-year) cash flows. Southwestern Energy (SWN), Encana (ECA), and Range Resources (RRC) reported $0.19 per share, $0.10 per share and $0.49 per share respectively in cash flows in 2Q16.

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