| Stage | EOG | % of rev | OXY | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $8.6B | 100.00% | $8.1B | 100.00% | EOG ×1.06 |
| Gross profit | $7.4B | 86.65% | $6.1B | 76.17% | EOG +10.5pp |
| Operating income | $3.5B | 41.21% | $3.8B | 47.20% | OXY +6.0pp |
| Pre-tax income | $3.5B | 40.87% | $3.9B | 48.54% | OXY +7.7pp |
| Net income | $2.7B | 31.81% | $3.0B | 37.15% | OXY +5.3pp |
| Stage | EOG | OXY | Gap · A − B |
|---|---|---|---|
| Revenue | $8.6B100.00% | $8.1B100.00% | EOG ×1.06 |
| Gross profit | 86.65%$7.4B | 76.17%$6.1B | EOG +10.5pp |
| Operating income | 41.21%$3.5B | 47.20%$3.8B | OXY +6.0pp |
| Pre-tax income | 40.87%$3.5B | 48.54%$3.9B | OXY +7.7pp |
| Net income |
| 31.81%$2.7B |
| 37.15%$3.0B |
| OXY +5.3pp |
EOG · PUMP 10-KFeb 19 '26
“For the year ended December 31, 2025, Exxon Mobil Corporation ("ExxonMobil"), Occidental Petroleum Corporation, EOG Resources, Inc. and Permian Resources Corporation accounted for 24.9%, 13.7%, 12.1%, and 11.2%, respectively, of total revenue.”
OXY · PUMP 10-KFeb 19 '26
“For the year ended December 31, 2025, Exxon Mobil Corporation ("ExxonMobil"), Occidental Petroleum Corporation, EOG Resources, Inc. and Permian Resources Corporation accounted for 24.9%, 13.7%, 12.1%, and 11.2%, respectively, of total revenue.”
EOG · LB 10-KFeb 26 '26
“WaterBridge, VTX Energy, TPL and EOG Resources each individually comprised 21%, 19%, 14% and 11%, respectively, of our total accounts receivable for the year ended December 31, 2025 and collectively represented 65% of our total accounts receivable at such date.”
OXY · LB 10-KFeb 26 '26
“Our revenue-generating agreements with Occidental Petroleum include (i) brackish water supply agreements, typically on a short-term basis, pursuant to which we sell brackish water to Occidental Petroleum to be used primarily in well completions, (ii) SUAs with perpetual terms so long as Occidental Petroleum conducts operations thereunder, subject to termination for non-use for more than six months, pursuant to which Occidental Petroleum conducts oil and natural gas exploration, development and production activities, including produced water recycling and treatment, on our land and from which we receive customary royalties and fees, (iii) customary term easements, typically for five- to 10-year terms, subject to early termination for non-use over a specified period of time and (iv) customary oil and natural gas mineral leases with perpetual terms so long as Occidental Petroleum conducts operations thereunder.”