In this article, source rock characteristics and hydrocarbon potential of the late Cretaceous turbidite sequences in the eastern Black Sea region were investigated. The total average organic carbon (TOC) contents of sequences in Trabzon, Gmshane, Giresun, and Erzurum are 0.06, 0.18, 0.12, and 0.30 wt%, respectively. In addition, low potential yield (PY), low hydrogen index (HI), and very high oxygen index (OI) values were calculated for these sequences. On the basis of T-max values, most of sequences are thermally immature, and only some parts are mature and over-mature. Sequences generally contain residual organic matter and lesser amounts of type III kerogen. CPI values higher than 1, n-alkane distributions with high carbon numbers, and type III kerogen content indicate that organic matter has a terrestrial origin. The Pr/Ph ratios calculated as 1.10 and 2.15 for the Mescitli section of the Gmshane region and the Tortum section of the Erzurum region reveal that the Mescitli section was deposited in a suboxic environment, while the Tortum section was in an oxic environment. According to these data, late Cretaceous sequences show weak source rock characteristics.