EOG Resources total debt 1989–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
EOG Resources's total debt was 7.92B USD on 30 September 2026, up 3.0% on a year before. At the end of fiscal year 2025 it was 8.41B USD.
Last updated 9 Nov 2026 · Next report 23 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 7.92B | +2.96% | 5.75B | -2.18B | 0.24 |
| FY2025 | 31 Dec 2025 | 8.41B | +65.94% | 3.40B | -5.01B | 0.28 |
| FY2024 | 31 Dec 2024 | 5.07B | +21.86% | 7.09B | 2.03B | 0.17 |
| FY2023 | 31 Dec 2023 | 4.16B | -30.21% | 5.28B | 1.12B | 0.15 |
| FY2022 | 31 Dec 2022 | 5.96B | +0.86% | 5.97B | 14.00M | 0.24 |
| FY2021 | 31 Dec 2021 | 5.91B | -12.51% | 5.21B | -698.00M | 0.27 |
| FY2020 | 31 Dec 2020 | 6.75B | +21.77% | 3.33B | -3.42B | 0.33 |
| FY2019 | 31 Dec 2019 | 5.54B | -8.85% | 2.03B | -3.52B | 0.26 |
| FY2018 | 31 Dec 2018 | 6.08B | -4.76% | 1.56B | -4.53B | 0.31 |
| FY2017 | 31 Dec 2017 | 6.39B | -8.58% | 834.23M | -5.55B | 0.39 |
| FY2016 | 31 Dec 2016 | 6.99B | +4.97% | 1.60B | -5.39B | 0.50 |
| FY2015 | 31 Dec 2015 | 6.66B | +12.62% | 718.51M | -5.94B | 0.51 |
| FY2014 | 31 Dec 2014 | 5.91B | -0.06% | 2.09B | -3.82B | 0.33 |
| FY2013 | 31 Dec 2013 | 5.91B | -6.32% | 1.32B | -4.60B | 0.38 |
| FY2012 | 31 Dec 2012 | 6.31B | +26.01% | 876.44M | -5.44B | 0.48 |
| FY2011 | 31 Dec 2011 | 5.01B | -4.10% | 615.73M | -4.39B | 0.40 |
| FY2010 | 31 Dec 2010 | 5.22B | +86.75% | 788.85M | -4.43B | 0.51 |
| FY2009 | 31 Dec 2009 | 2.80B | +47.44% | 685.75M | -2.11B | 0.28 |
| FY2008 | 31 Dec 2008 | 1.90B | +60.08% | 331.31M | -1.57B | 0.21 |
| FY2007 | 31 Dec 2007 | 1.19B | +61.57% | 54.23M | -1.13B | 0.17 |
| FY2006 | 31 Dec 2006 | 733.44M | -25.54% | 218.26M | -515.19M | 0.13 |
| FY2005 | 31 Dec 2005 | 985.07M | -8.59% | 643.81M | -341.26M | 0.23 |
| FY2004 | 31 Dec 2004 | 1.08B | -2.82% | 20.98M | -1.06B | 0.37 |
| FY2003 | 31 Dec 2003 | 1.11B | -3.17% | 4.44M | -1.10B | 0.50 |
| FY2002 | 31 Dec 2002 | 1.15B | +33.78% | 9.85M | -1.14B | 0.68 |
| FY2001 | 31 Dec 2001 | 855.97M | -0.35% | 2.51M | -853.46M | 0.52 |
| FY2000 | 31 Dec 2000 | 859.00M | -13.26% | 20.15M | -838.85M | 0.62 |
| FY1999 | 31 Dec 1999 | 990.30M | -13.34% | 24.80M | -965.50M | 0.88 |
| FY1998 | 31 Dec 1998 | 1.14B | +54.16% | 6.30M | -1.14B | 0.89 |
| FY1997 | 31 Dec 1997 | 741.30M | +59.04% | 9.30M | -732.00M | 0.58 |
| FY1996 | 31 Dec 1996 | 466.10M | +61.22% | 7.60M | -458.50M | 0.37 |
| FY1995 | 31 Dec 1995 | 289.10M | +50.57% | 23.00M | -266.10M | 0.25 |
| FY1994 | 31 Dec 1994 | 192.00M | +4.92% | 5.80M | -186.20M | 0.18 |
| FY1993 | 31 Dec 1993 | 183.00M | +22.00% | 103.10M | -79.90M | 0.20 |
| FY1992 | 31 Dec 1992 | 150.00M | -64.49% | 132.60M | -17.40M | 0.18 |
| FY1991 | 31 Dec 1991 | 422.40M | +0.96% | 3.80M | -418.60M | 0.65 |
| FY1990 | 31 Dec 1990 | 418.40M | +16.22% | 3.60M | -414.80M | 0.69 |
| FY1989 | 31 Dec 1989 | 360.00M | — | 15.30M | -344.70M | 0.62 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 7.92B | +2.96% | 5.75B | -2.18B | 0.24 |
| Q2 FY2026 | 30 Jun 2026 | 7.93B | +87.11% | 4.91B | -3.02B | 0.25 |
| Q1 FY2026 | 31 Mar 2026 | 7.93B | +67.18% | 3.85B | -4.08B | 0.26 |
| Q4 FY2025 | 31 Dec 2025 | 8.41B | +65.94% | 3.40B | -5.01B | 0.28 |
| Q3 FY2025 | 30 Sept 2025 | 7.69B | +103.76% | 3.53B | -4.16B | 0.25 |
| Q2 FY2025 | 30 Jun 2025 | 4.24B | +11.95% | 5.22B | 980.00M | 0.14 |
| Q1 FY2025 | 31 Mar 2025 | 4.74B | +25.14% | 6.60B | 1.86B | 0.16 |
| Q4 FY2024 | 31 Dec 2024 | 5.07B | +21.86% | 7.09B | 2.03B | 0.17 |
| Q3 FY2024 | 30 Sept 2024 | 3.78B | -0.79% | 6.12B | 2.35B | 0.13 |
| Q2 FY2024 | 30 Jun 2024 | 3.78B | -0.79% | 5.43B | 1.65B | 0.13 |
| Q1 FY2024 | 31 Mar 2024 | 3.79B | -0.76% | 5.29B | 1.50B | 0.13 |
| Q4 FY2023 | 31 Dec 2023 | 4.16B | -30.21% | 5.28B | 1.12B | 0.15 |
| Q3 FY2023 | 30 Sept 2023 | 3.81B | -25.14% | 5.33B | 1.52B | 0.14 |
| Q2 FY2023 | 30 Jun 2023 | 3.81B | -25.08% | 4.76B | 950.00M | 0.15 |
| Q1 FY2023 | 31 Mar 2023 | 3.82B | -25.08% | 5.02B | 1.20B | 0.15 |
| Q4 FY2022 | 31 Dec 2022 | 5.96B | +0.86% | 5.97B | 14.00M | 0.24 |
| Q3 FY2022 | 30 Sept 2022 | 5.08B | -5.27% | 5.27B | 188.00M | 0.21 |
| Q2 FY2022 | 30 Jun 2022 | 5.09B | -5.34% | 3.07B | -2.02B | 0.23 |
| Q1 FY2022 | 31 Mar 2022 | 5.10B | -5.61% | 4.01B | -1.09B | 0.24 |
| Q4 FY2021 | 31 Dec 2021 | 5.91B | -12.51% | 5.21B | -698.00M | 0.27 |
| Q3 FY2021 | 30 Sept 2021 | 5.37B | -10.19% | 4.29B | -1.07B | 0.25 |
| Q2 FY2021 | 30 Jun 2021 | 5.38B | -10.02% | 3.88B | -1.50B | 0.26 |
| Q1 FY2021 | 31 Mar 2021 | 5.40B | -2.57% | 3.39B | -2.01B | 0.26 |
| Q4 FY2020 | 31 Dec 2020 | 6.75B | +21.77% | 3.33B | -3.42B | 0.33 |
| Q3 FY2020 | 30 Sept 2020 | 5.98B | +7.45% | 3.07B | -2.91B | 0.30 |
| Q2 FY2020 | 30 Jun 2020 | 5.98B | +7.20% | 2.42B | -3.56B | 0.29 |
| Q1 FY2020 | 31 Mar 2020 | 5.54B | -14.40% | 2.91B | -2.64B | 0.26 |
| Q4 FY2019 | 31 Dec 2019 | 5.54B | -8.85% | 2.03B | -3.52B | 0.26 |
| Q3 FY2019 | 30 Sept 2019 | 5.56B | -13.57% | 1.58B | -3.98B | 0.26 |
| Q2 FY2019 | 30 Jun 2019 | 5.58B | -13.35% | 1.16B | -4.42B | 0.27 |
| Q1 FY2019 | 31 Mar 2019 | 6.48B | +0.66% | 1.14B | -5.34B | 0.33 |
| Q4 FY2018 | 31 Dec 2018 | 6.08B | -4.76% | 1.56B | -4.53B | 0.31 |
| Q3 FY2018 | 30 Sept 2018 | 6.43B | +0.75% | 1.27B | -5.16B | 0.35 |
| Q2 FY2018 | 30 Jun 2018 | 6.43B | -7.90% | 1.01B | -5.43B | 0.37 |
| Q1 FY2018 | 31 Mar 2018 | 6.43B | -7.90% | 816.09M | -5.62B | 0.38 |
| Q4 FY2017 | 31 Dec 2017 | 6.39B | -8.58% | 834.23M | -5.55B | 0.39 |
| Q3 FY2017 | 30 Sept 2017 | 6.39B | -8.58% | 846.14M | -5.54B | 0.46 |
| Q2 FY2017 | 30 Jun 2017 | 6.99B | +0.01% | 1.65B | -5.34B | 0.50 |
| Q1 FY2017 | 30 Mar 2017 | 6.99B | +0.01% | 1.55B | -5.44B | 0.50 |
| Q4 FY2016 | 31 Dec 2016 | 6.99B | +4.97% | 1.60B | -5.39B | 0.50 |
| Q3 FY2016 | 30 Sept 2016 | 6.99B | +8.65% | 1.05B | -5.94B | 0.59 |
| Q2 FY2016 | 30 Jun 2016 | 6.99B | +9.15% | 779.72M | -6.21B | 0.58 |
| Q1 FY2016 | 31 Mar 2016 | 6.99B | +1.24% | 668.48M | -6.32B | 0.56 |
| Q4 FY2015 | 31 Dec 2015 | 6.66B | +12.62% | 718.51M | -5.94B | 0.51 |
| Q3 FY2015 | 30 Sept 2015 | 6.43B | +8.81% | 742.69M | -5.69B | 0.48 |
| Q2 FY2015 | 30 Jun 2015 | 6.40B | +8.30% | 1.37B | -5.03B | 0.37 |
| Q1 FY2015 | 31 Mar 2015 | 6.90B | +16.77% | 2.13B | -4.77B | 0.39 |
| Q4 FY2014 | 31 Dec 2014 | 5.91B | -0.06% | 2.09B | -3.82B | 0.33 |
| Q3 FY2014 | 30 Sept 2014 | 5.91B | -6.39% | 1.48B | -4.43B | 0.33 |
| Q2 FY2014 | 30 Jun 2014 | 5.91B | -6.39% | 1.23B | -4.68B | 0.35 |
| Q1 FY2014 | 31 Mar 2014 | 5.91B | -6.38% | 1.67B | -4.24B | 0.37 |
| Q4 FY2013 | 31 Dec 2013 | 5.91B | -6.32% | 1.32B | -4.60B | 0.38 |
| Q3 FY2013 | 30 Sept 2013 | 6.31B | +0.12% | 1.32B | -4.99B | 0.42 |
| Q2 FY2013 | 30 Jun 2013 | 6.31B | +25.96% | 1.23B | -5.08B | 0.44 |
| Q1 FY2013 | 31 Mar 2013 | 6.31B | +25.98% | 1.11B | -5.20B | 0.46 |
| Q4 FY2012 | 31 Dec 2012 | 6.31B | +26.01% | 876.44M | -5.44B | 0.48 |
| Q3 FY2012 | 30 Sept 2012 | 6.31B | +20.61% | 1.11B | -5.19B | 0.46 |
| Q2 FY2012 | 30 Jun 2012 | 5.01B | -4.10% | 280.37M | -4.73B | 0.38 |
| Q1 FY2012 | 31 Mar 2012 | 5.01B | -4.10% | 294.06M | -4.72B | 0.39 |
| Q4 FY2011 | 30 Dec 2011 | 5.01B | -4.10% | 615.73M | -4.39B | 0.40 |
| Q3 FY2011 | 30 Sept 2011 | 5.23B | +38.72% | 1.39B | -3.84B | 0.42 |
| Q2 FY2011 | 30 Jun 2011 | 5.23B | +39.96% | 1.58B | -3.65B | 0.43 |
| Q1 FY2011 | 31 Mar 2011 | 5.22B | +86.80% | 1.67B | -3.56B | 0.44 |
| Q4 FY2010 | 31 Dec 2010 | 5.22B | +86.75% | 788.85M | -4.43B | 0.51 |
| Q3 FY2010 | 30 Sept 2010 | 3.77B | +34.74% | 27.83M | -3.74B | 0.37 |
| Q2 FY2010 | 30 Jun 2010 | 3.73B | +33.50% | 650.11M | -3.08B | 0.37 |
| Q1 FY2010 | 31 Mar 2010 | 2.80B | +32.87% | 230.08M | -2.57B | 0.28 |
| Q4 FY2009 | 31 Dec 2009 | 2.80B | +47.44% | 685.75M | -2.11B | 0.28 |
| Q3 FY2009 | 30 Sept 2009 | 2.80B | +47.44% | 608.51M | -2.19B | 0.29 |
| Q2 FY2009 | 30 Jun 2009 | 2.80B | +143.85% | 706.96M | -2.09B | 0.30 |
| Q1 FY2009 | 31 Mar 2009 | 2.11B | +77.65% | 85.21M | -2.02B | 0.23 |
| Q4 FY2008 | 31 Dec 2008 | 1.90B | +60.08% | 331.31M | -1.57B | 0.21 |
| Q3 FY2008 | 30 Sept 2008 | 1.90B | +47.81% | 885.98M | -1.01B | 0.21 |
| Q2 FY2008 | 30 Jun 2008 | 1.15B | +29.77% | 108.10M | -1.04B | 0.15 |
| Q1 FY2008 | 31 Mar 2008 | 1.19B | +44.50% | 204.94M | -980.06M | 0.16 |
| Q4 FY2007 | 31 Dec 2007 | 1.19B | +61.57% | 54.23M | -1.13B | 0.17 |
| Q3 FY2007 | 30 Sept 2007 | 1.28B | +54.72% | 301.94M | -981.50M | 0.19 |
| Q2 FY2007 | 30 Jun 2007 | 883.84M | -0.97% | 58.53M | -825.31M | 0.14 |
| Q1 FY2007 | 31 Mar 2007 | 820.04M | -12.08% | 141.70M | -678.34M | 0.14 |
| Q4 FY2006 | 31 Dec 2006 | 733.44M | -25.54% | 218.26M | -515.19M | 0.13 |
| Q3 FY2006 | 30 Sept 2006 | 829.52M | -20.45% | 595.93M | -233.59M | 0.15 |
| Q2 FY2006 | 30 Jun 2006 | 892.52M | -20.10% | 759.11M | -133.41M | 0.17 |
| Q1 FY2006 | 31 Mar 2006 | 932.74M | -16.70% | 821.33M | -111.42M | 0.20 |
| Q4 FY2005 | 31 Dec 2005 | 985.07M | -8.59% | 643.81M | -341.26M | 0.23 |
| Q3 FY2005 | 30 Sept 2005 | 1.04B | -1.90% | 341.06M | -701.71M | 0.27 |
| Q2 FY2005 | 30 Jun 2005 | 1.12B | +2.88% | 282.70M | -834.40M | 0.33 |
| Q1 FY2005 | 31 Mar 2005 | 1.12B | +3.13% | 173.39M | -946.41M | 0.36 |
| Q4 FY2004 | 31 Dec 2004 | 1.08B | -2.82% | 20.98M | -1.06B | 0.37 |
| Q3 FY2004 | 30 Sept 2004 | 1.06B | +5.16% | 81.91M | -981.06M | 0.39 |
| Q2 FY2004 | 30 Jun 2004 | 1.09B | +7.42% | 67.84M | -1.02B | 0.44 |
| Q1 FY2004 | 31 Mar 2004 | 1.09B | +3.99% | 95.72M | -990.11M | 0.47 |
| Q4 FY2003 | 31 Dec 2003 | 1.11B | -3.17% | 4.44M | -1.10B | 0.50 |
| Q3 FY2003 | 30 Sept 2003 | 1.01B | -7.34% | 184.49M | -826.33M | 0.48 |
| Q2 FY2003 | 30 Jun 2003 | 1.01B | -2.42% | 150.97M | -859.86M | 0.51 |
| Q1 FY2003 | 31 Mar 2003 | 1.04B | +7.03% | 6.83M | -1.04B | 0.57 |
| Q4 FY2002 | 31 Dec 2002 | 1.15B | +33.78% | 9.85M | -1.14B | 0.68 |
| Q3 FY2002 | 30 Sept 2002 | 1.09B | +55.61% | 7.78M | -1.08B | 0.65 |
| Q2 FY2002 | 20 Jun 2002 | 1.04B | +61.64% | 9.21M | -1.03B | 0.61 |
| Q1 FY2002 | 31 Mar 2002 | 975.66M | +51.30% | 5.40M | -970.26M | 0.60 |
| Q4 FY2001 | 31 Dec 2001 | 855.97M | -0.35% | 2.51M | -853.46M | 0.52 |
| Q3 FY2001 | 30 Sept 2001 | 701.02M | -25.83% | 11.34M | -689.68M | 0.41 |
| Q2 FY2001 | 30 Jun 2001 | 640.82M | -32.51% | 68.29M | -572.53M | 0.39 |
| Q1 FY2001 | 31 Mar 2001 | 644.87M | -31.46% | 30.85M | -614.02M | 0.42 |
| Q4 FY2000 | 31 Dec 2000 | 859.00M | -13.26% | 20.15M | -838.85M | 0.62 |
| Q3 FY2000 | 30 Sept 2000 | 945.17M | -18.88% | 16.71M | -928.46M | 0.76 |
| Q2 FY2000 | 30 Jun 2000 | 949.55M | -16.70% | 11.71M | -937.84M | 0.82 |
| Q1 FY2000 | 31 Mar 2000 | 940.92M | -19.61% | 33.36M | -907.56M | 0.83 |
| Q4 FY1999 | 31 Dec 1999 | 990.30M | -13.34% | 24.80M | -965.50M | 0.88 |
| Q3 FY1999 | 30 Sept 1999 | 1.17B | +8.45% | 18.80M | -1.15B | 1.22 |
| Q2 FY1999 | 30 Jun 1999 | 1.14B | +33.96% | 11.40M | -1.13B | 0.87 |
| Q1 FY1999 | 31 Mar 1999 | 1.17B | +46.46% | 13.10M | -1.16B | 0.91 |
| Q4 FY1998 | 31 Dec 1998 | 1.14B | +54.16% | 6.30M | -1.14B | 0.89 |
| Q3 FY1998 | 30 Sept 1998 | 1.07B | +58.33% | 9.20M | -1.07B | 0.84 |
| Q2 FY1998 | 30 Jun 1998 | 850.90M | +34.30% | 13.60M | -837.30M | 0.65 |
| Q1 FY1998 | 31 Mar 1998 | 799.20M | +54.26% | 5.10M | -794.10M | 0.62 |
| Q4 FY1997 | 31 Dec 1997 | 741.30M | +59.04% | 9.30M | -732.00M | 0.58 |
| Q3 FY1997 | 30 Sept 1997 | 678.60M | +125.67% | 6.10M | -672.50M | 0.53 |
| Q2 FY1997 | 30 Jun 1997 | 633.60M | +119.54% | 16.50M | -617.10M | 0.50 |
| Q1 FY1997 | 31 Mar 1997 | 518.10M | +62.72% | 3.60M | -514.50M | 0.41 |
| Q4 FY1996 | 31 Dec 1996 | 466.10M | +61.22% | 7.60M | -458.50M | 0.37 |
| Q3 FY1996 | 30 Sept 1996 | 300.70M | +13.94% | 9.70M | -291.00M | 0.24 |
| Q2 FY1996 | 30 Jun 1996 | 288.60M | +33.80% | 38.10M | -250.50M | 0.24 |
| Q1 FY1996 | 31 Mar 1996 | 318.40M | +59.20% | 26.50M | -291.90M | 0.27 |
| Q4 FY1995 | 31 Dec 1995 | 289.10M | +50.57% | 23.00M | -266.10M | 0.25 |
| Q3 FY1995 | 30 Sept 1995 | 263.90M | +43.50% | 8.50M | -255.40M | 0.23 |
| Q2 FY1995 | 30 Jun 1995 | 215.70M | +22.56% | 20.40M | -195.30M | 0.19 |
| Q1 FY1995 | 31 Mar 1995 | 200.00M | +30.72% | 15.30M | -184.70M | 0.18 |
| Q4 FY1994 | 31 Dec 1994 | 192.00M | +4.92% | 5.80M | -186.20M | 0.18 |
| Q3 FY1994 | 30 Sept 1994 | 183.90M | +22.60% | 86.80M | -97.10M | 0.18 |
| Q2 FY1994 | 30 Jun 1994 | 176.00M | +17.33% | 85.70M | -90.30M | 0.18 |
| Q1 FY1994 | 31 Mar 1994 | 153.00M | +2.00% | 57.20M | -95.80M | 0.16 |
| Q4 FY1993 | 31 Dec 1993 | 183.00M | +22.00% | 103.10M | -79.90M | 0.20 |
| Q3 FY1993 | 30 Sept 1993 | 150.00M | -6.19% | 116.80M | -33.20M | 0.17 |
| Q2 FY1993 | 30 Jun 1993 | 150.00M | -64.85% | 42.10M | -107.90M | 0.17 |
| Q1 FY1993 | 31 Mar 1993 | 150.00M | -64.14% | 39.90M | -110.10M | 0.18 |
| Q4 FY1992 | 31 Dec 1992 | 150.00M | -64.49% | 132.60M | -17.40M | 0.18 |
| Q3 FY1992 | 30 Sept 1992 | 159.90M | -59.66% | 182.50M | 22.60M | 0.20 |
| Q2 FY1992 | 30 Jun 1992 | 426.70M | +11.53% | 11.60M | -415.10M | 0.63 |
| Q1 FY1992 | 31 Mar 1992 | 418.30M | +1.26% | 17.30M | -401.00M | 0.63 |
| Q4 FY1991 | 31 Dec 1991 | 422.40M | +0.96% | 3.80M | -418.60M | 0.65 |
| Q3 FY1991 | 30 Sept 1991 | 396.40M | -3.01% | 5.40M | -391.00M | 0.63 |
| Q2 FY1991 | 30 Jun 1991 | 382.60M | -15.00% | 3.40M | -379.20M | 0.59 |
| Q1 FY1991 | 31 Mar 1991 | 413.10M | +4.90% | 12.80M | -400.30M | 0.67 |
| Q4 FY1990 | 31 Dec 1990 | 418.40M | +16.22% | 3.60M | -414.80M | 0.69 |
| Q3 FY1990 | 30 Sept 1990 | 408.70M | — | 35.30M | -373.40M | 0.69 |
| Q2 FY1990 | 30 Jun 1990 | 450.10M | — | 8.80M | -441.30M | 0.77 |
| Q1 FY1990 | 31 Mar 1990 | 393.80M | — | 23.80M | -370.00M | 0.67 |
| Q4 FY1989 | 31 Dec 1989 | 360.00M | — | 15.30M | -344.70M | 0.62 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about EOG Resources's debt
Source: Financial Modeling Prep
