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Relatively High Debt to Asset Ratio Detected in Shares of Northern Oil And in the Oil & Gas Exploration & Production Industry (NOG, ISRL, EPE, CHK, SN)

By Shiri Gupta

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 ranks highest with a a debt to asset ratio of 154.89. Isramco Inc is next with a a debt to asset ratio of 88.13. Ep Energy Corp-A ranks third highest with a a debt to asset ratio of 82.51.

Chesapeake Energ follows with a a debt to asset ratio of 80.27, and Sanchez Energy C rounds out the top five with a a debt to asset ratio of 79.12.

SmarTrend recommended that subscribers consider buying shares of Northern Oil And on May 9th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $2.17. Since that recommendation, shares of Northern Oil And have risen 57.1%. We continue to monitor Northern Oil And for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio amex:nog northern oil and nasdaq:isrl isramco inc ep energy corp-a chesapeake energ sanchez energy c

Ticker(s): EPE CHK SN