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EOG Resources stock: balance sheet and debt

EOG
$155.62Closing price of 12 Nov 2026MEQIRI Score 85 out of 100

EOG Resources has a debt to equity ratio of 0.28 and an interest coverage of 29.5x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.28
Interest coverage
29.5x
Current ratio
1.63
Cash & equivalents
$3.4B
Total assets
$51.8B
Equity ratio
57.6%
Goodwill
not reported separately
Net debt
$5.01B

Total assets and equity ratio

How large the balance sheet of EOG Resources, Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$9.4Bnot reported separatelynot reported separately59.6%$515.19M
2007$12.09Bnot reported separatelynot reported separately57.8%$1.13B
2008$15.95Bnot reported separatelynot reported separately56.5%$1.57B
2009$18.12Bnot reported separatelynot reported separately55.2%$2.11B
2010$21.62Bnot reported separatelynot reported separately47.3%$4.43B
2011$24.84Bnot reported separatelynot reported separately50.9%$4.39B
2012$27.34Bnot reported separatelynot reported separately48.6%$5.44B
2013$30.57Bnot reported separatelynot reported separately50.4%$4.6B
2014$34.76Bnot reported separatelynot reported separately51.0%$3.82B
2015$26.98Bnot reported separatelynot reported separately48.0%$5.94B
2016$29.46Bnot reported separatelynot reported separately47.5%$5.39B
2017$29.83Bnot reported separatelynot reported separately54.6%$5.55B
2018$33.93Bnot reported separatelynot reported separately57.1%$4.53B
2019$37.12Bnot reported separatelynot reported separately58.3%$3.52B
2020$35.81Bnot reported separatelynot reported separately56.7%$3.42B
2021$38.24Bnot reported separatelynot reported separately58.0%$698M
2022$41.37Bnot reported separatelynot reported separately59.9%−$14M
2023$43.86Bnot reported separatelynot reported separately64.0%−$1.12B
2024$47.19Bnot reported separatelynot reported separately62.2%−$2.03B
2025$51.8Bnot reported separatelynot reported separately57.6%$5.01B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$218.26M$5.6B$733.44M0.13
2007$54.23M$6.99B$1.19B0.17
2008$331.31M$9.01B$1.9B0.21
2009$685.75M$10B$2.8B0.28
2010$788.85M$10.23B$5.22B0.51
2011$615.73M$12.64B$5.01B0.4
2012$876.44M$13.28B$6.31B0.48
2013$1.32B$15.42B$5.91B0.38
2014$2.09B$17.71B$5.91B0.33
2015$718.51M$12.94B$6.66B0.51
2016$1.6B$13.98B$6.99B0.5
2017$834.23M$16.28B$6.39B0.39
2018$1.56B$19.36B$6.08B0.31
2019$2.03B$21.64B$5.54B0.26
2020$3.33B$20.3B$6.75B0.33
2021$5.21B$22.18B$5.91B0.27
2022$5.97B$24.78B$5.96B0.24
2023$5.28B$28.09B$4.16B0.15
2024$7.09B$29.35B$5.07B0.17
2025$3.4B$29.83B$8.41B0.28

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 26 Dec 2025)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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