EOG Resources Balance Sheet Health
Financial Health criteria checks 5/6
EOG Resources has a total shareholder equity of $28.1B and total debt of $3.6B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are $43.9B and $15.8B respectively. EOG Resources's EBIT is $9.5B making its interest coverage ratio -103.7. It has cash and short-term investments of $5.3B.
Key information
12.9%
Debt to equity ratio
US$3.62b
Debt
| Interest coverage ratio | -103.7x |
| Cash | US$5.28b |
| Equity | US$28.09b |
| Total liabilities | US$15.77b |
| Total assets | US$43.86b |
Recent financial health updates
We Think EOG Resources (NYSE:EOG) Can Stay On Top Of Its Debt
Mar 23
Does EOG Resources (NYSE:EOG) Have A Healthy Balance Sheet?
Nov 27EOG Resources (NYSE:EOG) Has A Rock Solid Balance Sheet
Aug 15Is EOG Resources (NYSE:EOG) Using Too Much Debt?
May 07Is EOG Resources (NYSE:EOG) Using Too Much Debt?
Jan 08Recent updates
EOG Resources: Highest Flowing Barrel Returns And ~25% 10y Dividend CAGR
Apr 09We Think EOG Resources (NYSE:EOG) Can Stay On Top Of Its Debt
Mar 23Oil Well Done: Why EOG Resources Is Gushing With Potential
Mar 22Lacklustre Performance Is Driving EOG Resources, Inc.'s (NYSE:EOG) Low P/E
Mar 05EOG Resources: Commodity Play With A Large And Growing Dividend
Feb 26EOG Resources: Upgrade To Buy Ahead Of The Q4 Earnings Report
Feb 19EOG Resources (NYSE:EOG) Is Investing Its Capital With Increasing Efficiency
Feb 16EOG Resources, Inc. (NYSE:EOG) Shares Could Be 37% Below Their Intrinsic Value Estimate
Jan 17EOG Resources: Continued Growth And The Utica Shale
Jan 16EOG Resources (NYSE:EOG) Has Announced A Dividend Of $0.91
Jan 02EOG Resources (NYSE:EOG) Ticks All The Boxes When It Comes To Earnings Growth
Dec 29EOG Resources: Continues To Reward Shareholders, Higher Oil Helps
Dec 21EOG Resources (NYSE:EOG) Will Pay A Dividend Of $0.91
Dec 16Income And Growth: Why EOG Resources Is One Of My Favorite Oil Plays For 2024
Dec 04Does EOG Resources (NYSE:EOG) Have A Healthy Balance Sheet?
Nov 27Returns on Capital Paint A Bright Future For EOG Resources (NYSE:EOG)
Nov 13EOG Resources: Strong Performance Supports Further Capital Returns
Nov 12EOG Resources: Quiet Accumulation Vs. Splashy M&A
Nov 02Estimating The Intrinsic Value Of EOG Resources, Inc. (NYSE:EOG)
Oct 17EOG Resources: 2 Reasons Why It Is A Favorite Pick Among Long-Term Investors
Oct 11If EPS Growth Is Important To You, EOG Resources (NYSE:EOG) Presents An Opportunity
Sep 18EOG Resources Offers Value Others Can't
Sep 10EOG Resources: Well-Positioned For Continued Growth
Aug 28EOG Resources: One Of The Best Oil Stocks To Outperform The Market
Aug 22EOG Resources (NYSE:EOG) Has A Rock Solid Balance Sheet
Aug 15EOG Resources: Another Strong Production Quarter
Aug 07Under The Bonnet, EOG Resources' (NYSE:EOG) Returns Look Impressive
Jul 17EOG Resources: Q2 2023 Oil Equivalent Production Expected To Be Up Sequentially
Jul 11Calculating The Fair Value Of EOG Resources, Inc. (NYSE:EOG)
Jul 03EOG Resources Is A Good Bet For The Future
Jun 26Is Now The Time To Put EOG Resources (NYSE:EOG) On Your Watchlist?
Jun 19EOG Resources: Supply Cuts Won't Support The Stock Indefinitely
Jun 05EOG Resources: Steady Progress
May 30Is EOG Resources (NYSE:EOG) Using Too Much Debt?
May 07EOG Resources (NYSE:EOG) Is Paying Out A Larger Dividend Than Last Year
Apr 05Under The Bonnet, EOG Resources' (NYSE:EOG) Returns Look Impressive
Mar 29EOG Resources' (NYSE:EOG) Dividend Will Be Increased To $0.825
Mar 16EOG Resources (NYSE:EOG) Is Paying Out A Larger Dividend Than Last Year
Feb 27EOG Resources: The Right Play Now
Feb 23EOG Resources: An 8% Forward Yield With A Bullish Early Earnings Date Confirmation
Feb 11EOG Resources: +6% Yield In 2023 And More
Jan 18EOG Resources: Well-Positioned To Deliver Over The Long-Term
Jan 08Is EOG Resources (NYSE:EOG) Using Too Much Debt?
Jan 08We Think EOG Resources (NYSE:EOG) Might Have The DNA Of A Multi-Bagger
Dec 27EOG Resources Can Continue Generating Substantial Returns
Dec 16EOG Resources (NYSE:EOG) Is Paying Out A Larger Dividend Than Last Year
Dec 15Here's Why EOG Resources (NYSE:EOG) Has Caught The Eye Of Investors
Dec 04EOG Resources Will Have Another Year In The Sun, 10.8% Yield
Nov 14EOG Resources (NYSE:EOG) Will Pay A Larger Dividend Than Last Year At $0.825
Nov 07EOG Resources Q3 Earnings: The Market Has Gotten Ahead Of Itself
Nov 04EOG Resources Is A High Quality Operator At A Discount Valuation
Oct 10Financial Position Analysis
Short Term Liabilities: EOG's short term assets ($9.9B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: EOG's short term assets ($9.9B) do not cover its long term liabilities ($11.7B).
Debt to Equity History and Analysis
Debt Level: EOG has more cash than its total debt.
Reducing Debt: EOG's debt to equity ratio has reduced from 31% to 12.9% over the past 5 years.
Debt Coverage: EOG's debt is well covered by operating cash flow (313.6%).
Interest Coverage: EOG earns more interest than it pays, so coverage of interest payments is not a concern.