Petroleum and Natural Gas Companies By Working Capital

Working Capital
Working CapitalEfficiencyMarket RiskExp Return
1EC Ecopetrol SA ADR
25.05 T
 0.20 
 2.43 
 0.49 
2BP BP PLC ADR
20.59 B
 0.18 
 1.52 
 0.28 
3EQNR Equinor ASA ADR
17.15 B
 0.11 
 2.00 
 0.22 
4E Eni SpA ADR
11.39 B
 0.23 
 1.05 
 0.24 
5EOG EOG Resources
5.88 B
 0.07 
 1.57 
 0.10 
6SU Suncor Energy
3.54 B
 0.10 
 1.60 
 0.16 
7COP ConocoPhillips
3.52 B
 0.06 
 1.76 
 0.11 
8CVE Cenovus Energy
3.07 B
(0.04)
 2.18 
(0.08)
9CVX Chevron Corp
2.35 B
 0.20 
 1.32 
 0.27 
10DINO HF Sinclair Corp
1.97 B
 0.00 
 2.43 
 0.00 
11HP Helmerich and Payne
745.12 M
(0.09)
 3.14 
(0.28)
12CVI CVR Energy
726 M
 0.05 
 2.99 
 0.15 
13APA APA Corporation
449 M
(0.03)
 2.46 
(0.06)
14NE Noble plc
448.5 M
(0.12)
 2.59 
(0.30)
15VNOM Viper Energy Ut
189.35 M
(0.06)
 1.96 
(0.11)
16WTTR Select Energy Services
152.12 M
(0.13)
 2.59 
(0.33)
17CLB Core Laboratories NV
129.02 M
(0.05)
 2.77 
(0.13)
18DVN Devon Energy
118 M
 0.12 
 2.11 
 0.26 
19NINE Nine Energy Service
88.92 M
 0.07 
 7.21 
 0.48 
20NCSM NCS Multistage Holdings
80.15 M
 0.13 
 4.63 
 0.60 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.