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EOG Resources, Inc. (EOG)
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EOG Resources, Inc. (EOG) Interest Coverage Ratio: 36.05x

The interest coverage ratio for EOG Resources, Inc. (EOG) is 36.05x as of Wednesday, June 10, 2026.

EOG Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

36.05x

EOG Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
EOG Resources, Inc. (EOG)36.05xN/AN/AN/A
Phillips 66 (PSX)$72.86B3.39x2.98x7.86x6.71x
Valero Energy Corporation (VLO)$76.63B7.76x7.25x15.62x13.20x
Marathon Petroleum Corporation (MPC)$76.89B4.08x3.99x8.36x7.35x
SLB N.V. (SLB)$82.98B9.80x11.08x10.39x8.27x
Occidental Petroleum Corporation (OXY)$56.79B4.14x4.61x7.25x6.38x
Antero Midstream Corporation (AM)$10.32B3.39x3.29x3.06x3.08x
Helmerich & Payne, Inc. (HP)$3.93B2.15x8.84x13.14x13.14x
ConocoPhillips (COP)$146.50B9.32x10.43x14.82x14.06x
enCore Energy Corp. (EU)$249.59M-26.60xN/AN/AN/A

Financial Health Indicators

Interest Coverage

36.0x

Debt/Equity

0.28

Current Ratio

1.92

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

EOG Resources, Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EOG Resources, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for EOG Resources, Inc. (EOG)?
The interest coverage ratio for EOG stock is 36.05x.

About EOG Resources, Inc.

EOG Resources, Inc., alongside its subsidiaries, is actively involved in the exploration, development, production, and commercialization of crude oil, natural gas, and natural gas liquids. The company's primary operational hubs for production are located in New Mexico and Texas within the United States, as well as the Republic of Trinidad and Tobago. As of December 31, 2021, its total estimated net proved reserves amounted to 3,747 million barrels of oil equivalent. This figure comprised 1,548 million barrels of crude oil and condensate, 829 million barrels of natural gas liquids, and 8,222 billion cubic feet of natural gas. Formerly known as Enron Oil & Gas Company, EOG Resources, Inc. was established in 1985 and has its corporate headquarters in Houston, Texas.

Houston, TX
3,150 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Ezra Y. Yacob