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EOG Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $847 Mil. EOG Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $4,220 Mil. EOG Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $29,351 Mil. EOG Resources's debt to equity for the quarter that ended in Dec. 2024 was 0.17.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for EOG Resources's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of EOG Resources was 0.51. The lowest was 0.15. And the median was 0.29.
The historical data trend for EOG Resources's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EOG Resources Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial |
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0.33 | 0.27 | 0.24 | 0.15 | 0.17 |
EOG Resources Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Debt-to-Equity | Get a 7-Day Free Trial |
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0.15 | 0.14 | 0.14 | 0.14 | 0.17 |
For the Oil & Gas E&P subindustry, EOG Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Oil & Gas industry and Energy sector, EOG Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where EOG Resources's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
EOG Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (847 | + | 4220) | / | 29351 | |
= | 0.17 |
EOG Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (847 | + | 4220) | / | 29351 | |
= | 0.17 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EOG Resources (NYSE:EOG) Debt-to-Equity Explanation
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Be Aware
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of EOG Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Jeffrey R. Leitzell | officer: EVP Exploration and Production | 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002 |
Janet F Clark | director | |
Michael P Donaldson | officer: VP, General Counsel & Corp Sec | 1111 BAGBY STREET, SKY LOBBY 2, HOUSTON TX 77002 |
Charles R Crisp | director | 1301 MCKINNEY STE 700, HOUSTON TX 77010 |
Ezra Y Yacob | officer: EVP Exploration and Production | 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002 |
Helms Lloyd W Jr | officer: EVP, Operations | 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002 |
Lynn A Dugle | director | 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151 |
Michael T. Kerr | director | 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002 |
Kenneth W. Boedeker | officer: EVP Exploration and Production | 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002 |
Timothy K Driggers | officer: VP Accounting & Land Admin | |
Ann D. Janssen | officer: VP, Accounting | 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002 |
Donald F Textor | director | P O BOX 4362, HOUSTON TX 772104362 |
Frank G Wisner | director | P O BOX 4362, HOUSTON TX 7721042362 |
Julie J Robertson | director | 13135 S DAIRY ASHFORD, STE 800, SUGAR LAND TX 77478 |
David W Trice | officer: EVP, Exploration & Production | 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002 |
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