• Return to Headlines

Earthstone Ene-A has the Lowest Debt-to-Capital Ratio in the Oil & Gas Exploration & Production Industry (ESTE, SD, PXD, FANG, CXO)

By James Quinn

Below are the three companies in the Oil & Gas Exploration & Production industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Earthstone Ene-A ranks lowest with a a Debt-to-Capital ratio of 333.0%. Following is Sandridge Energy Inc with a a Debt-to-Capital ratio of 427.4%. Pioneer Natural ranks third lowest with a a Debt-to-Capital ratio of 1,949.9%.

Diamondback Ener follows with a a Debt-to-Capital ratio of 2,092.8%, and Concho Resources rounds out the bottom five with a a Debt-to-Capital ratio of 2,394.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Earthstone Ene-A on July 17th, 2019 by issuing a Downtrend alert when the shares were trading at $5.38. Since that call, shares of Earthstone Ene-A have fallen 34.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest debt-to-capital ratio earthstone ene-a :sd sandridge energy inc pioneer natural diamondback ener concho resources

Ticker(s): ESTE PXD FANG CXO