Debt-to-Equity Ratio

EOG’s debt-to-equity ratio of 0.26x means the company uses only $0.26 of debt for every $1 of shareholder equity, indicating a conservative financial structure with less reliance on borrowed money.

This level is well below the sector median of 0.73x, placing EOG in the 22nd percentile among its peers—meaning it carries less debt than most comparable companies. Because the year-over-year and quarter-over-quarter changes are both listed as N/A, and only one historical value is available, there is no trend data to assess. The combination of a low debt level with no directional movement suggests a stable, low-leverage position that reduces financial risk but does not indicate any recent improvement or deterioration. This metric supports the overall NEUTRAL verdict, as the low debt is a positive risk factor, but the absence of a trend and the NEUTRAL view imply no clear catalyst for upside or downside from this metric alone.

Frequently Asked Questions

Closest Sector Peers