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EOG Resources EOG Debt-to-equity

Debt-to-equity at other companies

Oneok logo
OneokOKE
1.4×0.0×
Exxon Mobil logo
Exxon MobilXOM
0.2×0.0×
Chevron logo
ChevronCVX
0.2×0.0×
Devon Energy logo
Devon EnergyDVN
0.6×-0.1×
ConocoPhillips logo
ConocoPhillipsCOP
0.4×0.0×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
1.1×+0.1×

Other financials

Income statement

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Revenue$6.9B+22.1%
Operating income$2.6B+39.8%
Net income$2.0B+35.3%
EPS (diluted)$3.70+39.6%

Balance sheet

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Cash & equivalents$3.8B-41.7%
Total debt$8.3B+64.1%
Total equity$30.9B+4.7%
Total assets$53.4B+13.6%

Cash flow

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Operating cash flow$3.0B+29.6%
CapEx$153.0M+50.0%
Free cash flow$2.8B+28.6%

Valuation

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Market cap$70.97B+9.5%
Enterprise value$75.43B+18.4%
P/E12.9×+2.2×
P/S+0.2×

Profitability

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Operating margin29.8%-3.2pp
Net margin23%-3.1pp

Returns & leverage

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Return on equity18.2%-2.7pp
Current ratio1.7×-0.2×

Where this comes from

Calculated from EOG Resources’s reported figures.

Based on the most recent quarter.

The official record: EOG Resources’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EOG Resources's debt-to-equity?
EOG Resources (EOG) reported debt-to-equity of 0.3× in Q1 2026.
How has EOG Resources's debt-to-equity changed year-over-year?
EOG Resources's debt-to-equity increased by 56.7% year-over-year, from 0.2× to 0.3×.
What is the long-term trend for EOG Resources's debt-to-equity?
Over 4 years (2021 to 2025), EOG Resources's debt-to-equity has grown at a -2.8% compound annual growth rate (CAGR), from 1× to 0.9×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.