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Relatively High Debt to EBITDA Ratio Detected in Shares of Eqt Corp in the Oil & Gas Exploration & Production Industry (EQT, NBL, PDCE, RRC, WPX)

By Nick Russo

Below are the three companies in the Oil & Gas Exploration & Production industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.

Eqt Corp ranks highest with a a debt to EBITDA ratio of 55.6. Following is Noble Energy Inc with a a debt to EBITDA ratio of 10.1. Pdc Energy Inc ranks third highest with a a debt to EBITDA ratio of 7.4.

Range Resources follows with a a debt to EBITDA ratio of 5.1, and Wpx Energy rounds out the top five with a a debt to EBITDA ratio of 4.4.

SmarTrend is tracking the current trend status for Eqt Corp and will alert subscribers who have EQT in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to ebitda ratio eqt corp noble energy inc pdc energy inc range resources wpx energy

Ticker(s): EQT NBL PDCE RRC WPX