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Top 5 Companies in the Oil & Gas Exploration & Production Industry With the Highest Debt to Equity Ratio (SWN, ISRL, CRZO, CRK, NOG)

By Nick Russo

Below are the three companies in the Oil & Gas Exploration & Production industry with the highest debt to equity ratios. The Debt/Equity ratio measures a company's leverage and a high level often implies that a company has financed much of its growth with debt.

Southwestrn Engy ranks highest with a a debt to equity ratio of 1,728.7. Isramco Inc is next with a a debt to equity ratio of 1,482.3. Carrizo Oil&Gas ranks third highest with a a debt to equity ratio of 486.1.

Comstock Resources, Inc. follows with a a debt to equity ratio of 218.5, and Northern Oil And rounds out the top five with a a debt to equity ratio of 193.1.

SmarTrend recommended that its subscribers protect gains by selling shares of Northern Oil And on January 13th, 2020 by issuing a Downtrend alert when the shares were trading at $2.01. Since that call, shares of Northern Oil And have fallen 67.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to equity ratio southwestrn engy isramco inc carrizo oil&gas :crk comstock resources inc. amex:nog northern oil and

Ticker(s): SWN ISRL CRZO