EOG ResourcesMEX:EOG -0.64%79 Interest Coverage is 37.77 as of Mar. 2026, which is 22% above its 10-year median of 30.85. GuruFocus rates MEX:EOG with a GF Score™ of 79/100 and a GF Value™ of MXN2,438.78 (Fairly Valued). The stock has 2 warning signs investors should review. Among 731 Oil & Gas companies, EOG Resources ranks better than 77.29% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. EOG Resources's
Operating Income
for the
three
months ended in Mar. 2026 was MXN44,956 Mil. EOG Resources's Interest Expense for the
three
months ended in Mar. 2026 was MXN-1,190 Mil.
EOG Resources's interest coverage for the quarter that ended in Mar. 2026 was 37.77.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for EOG Resources's Interest Coverage or its related term are showing as below:
MEX:EOG'
s Interest Coverage Range Over the Past 10 Years
Min: 2.23 Med: 30.85 Max: 79.64
Current: 30.11
MEX:EOG's Interest Coverage is ranked better than 77.29% of 731
companies
in the Oil & Gas industry
Industry Median: 5.89
vs MEX:EOG: 30.11
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
EOG Resources Interest Coverage Related Terms
EOG Resources Interest Coverage Historical Data
* Premium members only.
The historical data trend for EOG Resources's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:EOG vs OXY, FANG, DVN: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, EOG Resources's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
EOG Resources Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, EOG Resources's Interest Coverage distribution charts can be found below:
* The bar in red indicates where EOG Resources's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EOG Resources (MEX:EOG) has a Interest Coverage of 37.77 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on EOG Resources and its competitors. This is 22% above median its historical median of 30.85. Over the past decade, EOG Resources' Interest Coverage has ranged from 2.23 to 79.64. According to the industry distribution chart, EOG Resources ranks #166 out of 731 companies in the Oil & Gas industry, placing it in the top 22.7%.
Is EOG Resources' Interest Coverage too high?
EOG Resources' current Interest Coverage of 37.77 is 22% above median its 10-year median of 30.85. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 79.64. The Oil & Gas industry median Interest Coverage is 5.89. EOG Resources' value of 37.77 is 541.3% above this industry median. Based on the distribution chart, EOG Resources ranks #166 out of 731 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, EOG Resources has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does EOG Resources' Interest Coverage compare to OXY and FANG?
According to the Oil & Gas industry distribution chart, EOG Resources ranks #166 out of 731 companies for Interest Coverage. This places EOG Resources in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.89. EOG Resources' value of 37.77 is 541.3% above this benchmark. Historically, EOG Resources' own Interest Coverage has ranged from 2.23 to 79.64 over the past decade. While the company's 10-year median is 30.85 vs. the industry median of 5.89, EOG Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EOG Resources's current Interest Coverage of 37.77 is 541.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on EOG Resources and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EOG Resources's current Interest Coverage is 37.77, which is 22% above median its own 10-year median of 30.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EOG Resources stock overvalued right now?
Based on GuruFocus' analysis, EOG Resources (MEX:EOG) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,438.78, compared to a current price of MXN2,328.00 — trading 4.5% below its estimated fair value. The current Interest Coverage is 37.77, which is 22% above median its 10-year median of 30.85 and 541.3% above the Oil & Gas industry median of 5.89. EOG Resources' overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For EOG Resources (MEX:EOG), the current Interest Coverage is 37.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is EOG Resources (MEX:EOG) Overvalued in 2026?
Based on GuruFocus' analysis, EOG Resources stock appears to be undervalued.
The current stock price of MXN2,328.00 is trading 4.5% below its estimated GF Value™ of MXN2,438.78.
GuruFocus considers EOG Resources to be Fairly Valued.
Key valuation signals for MEX:EOG:
Interest Coverage: 37.77 (22% above median its 10-year median of 30.85)
GF Value™: MXN2,438.78 vs. price of MXN2,328.00 (4.5% below fair value)
Industry Position: 541.3% above the Oil & Gas median (#166 of 731)
No single metric tells the full story. See the MEX:EOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EOG Resources is an oil and gas producer with acreage in several US shale plays, primarily in the Permian Basin and the Eagle Ford. At the end of 2024, it reported net proven reserves of 4.7 billion barrels of oil equivalent. Net production averaged roughly 1,232 thousand barrels of oil equivalent per day in 2025 at a ratio of 69% oil and natural gas liquids and 31% natural gas.
79GF Score
Get the complete analysis for MEX:EOG
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:EOG has been successfully added to your 
