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Which Upstream Companies Had the Lowest Leverage?

Keisha Bandz
Which Upstream Companies Had the Lowest Leverage?

In this part, we’ll discuss the leverage ratios (asset-to-equity ratio). In this part, we’ll discuss the top five upstream companies with the lowest leverage as of the first quarter. Compared to the industry average of 2.32x, the top five upstream companies with the lowest leverage as of the first quarter were Ring Energy (REI), Tellurian (TELL), Centennial Resource Development (CDEV), Sandridge Energy (SD), and Energen (EGN).