EOG Resources, despite liabilities, isn't heavily burdened b...
EOG Resources, despite liabilities, isn't heavily burdened by debt due to its net cash position. Its 63% EBIT to free cash flow conversion over the past three years indicates capacity to reduce debt when necessary. However, monitoring its balance sheet and future earnings is crucial for financial health.
EOG Resources (NYSE:EOG) Has A Pretty Healthy Balance Sheet
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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