Shares of BP Rank the Highest in Terms of Debt to Asset Ratio in the Integrated Oil & Gas Industry (BP, OXY, CVX, LUKOY, XOM)
Below are the three companies in the Integrated Oil & Gas 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.
BP ranks highest with a a debt to asset ratio of 0.21. Occidental Petroleum is next with a a debt to asset ratio of 0.17. Chevron ranks third highest with a a debt to asset ratio of 0.13.
Lukoil OAO follows with a a debt to asset ratio of 0.12, and Exxon Mobil rounds out the top five with a a debt to asset ratio of 0.10.
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Keywords: highest debt to asset ratio Occidental Petroleum Chevron lukoil oao Exxon Mobil