Northern Oil And Gas is Among the Companies in the Oil & Gas Exploration & Production Industry With the Highest Debt to Asset Ratio (NOG, VNR, UPL, LGCY, CRZO)
Below are the three companies in the Oil & Gas Exploration & Production industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.
Northern Oil And Gas ranks highest with a a debt to asset ratio of 0.87. Following is Vanguard Natural Resources with a a debt to asset ratio of 0.82. Ultra Petroleum ranks third highest with a a debt to asset ratio of 0.81.
Legacy Reserves follows with a a debt to asset ratio of 0.72, and Carrizo Oil & Gas rounds out the top five with a a debt to asset ratio of 0.61.
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Keywords: highest debt to asset ratio amex:nog northern oil and gas vanguard natural resources Ultra Petroleum legacy reserves carrizo oil & gas