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Shares of Northern Oil And Rank the Highest in Terms of Debt to EBITDA Ratio in the Oil & Gas Exploration & Production Industry (NOG, HES, SN, CRZO, WPX)

By Amy Schwartz

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.

Northern Oil And ranks highest with a a debt to EBITDA ratio of 14,512.4. Hess Corp is next with a a debt to EBITDA ratio of 48.1. Sanchez Energy C ranks third highest with a a debt to EBITDA ratio of 23.4.

Carrizo Oil&Gas follows with a a debt to EBITDA ratio of 18.7, and Wpx Energy rounds out the top five with a a debt to EBITDA ratio of 13.6.

SmarTrend recommended that its subscribers protect gains by selling shares of Northern Oil And on February 24th, 2017 by issuing a Downtrend alert when the shares were trading at $3.03. Since that call, shares of Northern Oil And have fallen 71.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to ebitda ratio amex:nog northern oil and hess corp sanchez energy c carrizo oil&gas wpx energy

Ticker(s): HES SN CRZO WPX