CompaniesRanked

2874 companies · fiscal year 2025 · SEC EDGAR · September 25, 2026

Energy companies with the most long-term debt

Long-term debt is borrowing due more than a year out. A large figure is normal for capital-intensive businesses and says nothing on its own about financial health. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 123 · Fiscal year 2025 · Data as of September 25, 2026

Enbridge (ENB) tops the list with $76.3B in long-term debt for fiscal 2025, ahead of Shell ($66.5B) and BP ($54.6B). The top 10 together report $411B in long-term debt; the gap between #1 and #10 is ×3.40. 123 companies in Energy report long-term debt, 5.4% of the 2263-filer universe. The last place on the list, National Energy Services Reunited, comes in at $191M.

Long-term debt
#CompanyLong-term debtYoY15-year trend
1EnbridgeENBCA$76.3B+7.8%
2ShellSHELGB$66.5B+1.6%
3BPBPGB$54.6B−0.9%
4TotalenergiesTTEFR$49.0B+12.5%
5ChevronCVXUS$39.8B+97.6%
6Marathon PetroleumMPCUS$30.5B+24.9%
7MPLXMPLXUS$24.2B+25.4%
8EquinorEQNRNO$23.8B+22.7%
9EniEIT$23.7B+5.6%
10ConocoPhillipsCOPUS$22.4B−3.7%
11Occidental PetroleumOXYUS$20.6B−17.4%
12Phillips 66PSXUS$18.7B+2.5%
13Diamondback EnergyFANGUS$13.7B+13.7%
14SunocoSUNUS$13.4B+78.7%
15Canadian Natural ResourcesCNQCA$11.8B+3.5%
16Woodside EnergyWDSAU$11.2B+24.1%
17Plains All American PipelinePAAUS$10.7B+48.3%
18SLBSLBUS$9.7B−11.6%
19Valero EnergyVLOUS$8.3B+2.2%
20Ypf Sociedad AnonimaYPFAR$8.2B+16.9%
21Pembina PipelinePBACA$8.1B+10.4%
22Cenovus EnergyCVECA$8.1B+57.9%
23Eog ResourcesEOGUS$7.9B+87.4%
24Devon EnergyDVNUS$7.4B−12.0%
25EqtEQTUS$7.3B−19.0%
26HalliburtonHALUS$7.2B−0.0%
27Suncor EnergySUCA$6.6B+1.3%
28Crescent EnergyCRGYUS$5.5B+81.2%
29Baker HughesBKRUS$5.4B−9.6%
30TransoceanRIGCH$5.2B−15.9%
31Expand EnergyEXEUS$5.0B−5.3%
32OvintivOVVUS$4.4B−9.5%
33Hess MidstreamHESMUS$3.7B+8.4%
34Permian ResourcesPRUS$3.5B−15.3%
35Matador ResourcesMTDRUS$3.4B+2.3%
36Delek USDKUS$3.2B+17.0%
37Genesis EnergyGELUS$3.0B−18.3%
38Kosmos EnergyKOSUS$2.9B+6.4%
39Comstock ResourcesCRKUS$2.8B−4.8%
40HF SinclairDINOUS$2.8B+21.0%
41Diversified EnergyDECUS$2.7B+81.6%
42Imperial OilIMOCA$2.5B+5.1%
43Northern Oil & GasNOGUS$2.4B+1.1%
44Delek Logistics PartnersDKLUS$2.3B+25.0%
45CNX ResourcesCNXUS$2.2B+20.4%
46Viper EnergyVNOMUS$2.2B+101.8%
47PBF EnergyPBFUS$2.1B+47.4%
48Nabors IndustriesNBRBM$2.1B−15.5%
49SM EnergySMUS$2.1B−6.0%
50CalumetCLMTUS$2.1B+0.6%
51Helmerich & PayneHPUS$2.0B+13.7%
52Borr DrillingBORRBM$2.0B+1.4%
53NobleNEUS$2.0B−0.2%
54CVR EnergyCVIUS$1.7B−10.5%
55NovNOVUS$1.7B−0.9%
56ValvolineVVVUS$1.6B+61.9%
57Chord EnergyCHRDUS$1.5B+75.6%
58Waterbridge InfrastructureWBIUS$1.4B+144.2%
59Weatherford InternationalWFRDUS$1.4B−10.8%
60Antero ResourcesARUS$1.4B−6.1%
61California ResourcesCRCUS$1.3B+13.3%
62Murphy OilMURUS$1.3B+0.2%
63Phoenix Energy OnePHXE-PUS$1.2B+55.4%
64Talos EnergyTALOUS$1.2B+0.4%
65Patterson Uti EnergyPTENUS$1.2B+0.1%
66Range ResourcesRRCUS$1.2B+10.0%
67Mach Natural ResourcesMNRUS$1.1B+71.1%
68Highpeak EnergyHPKUS$1.1B+22.0%
69ValarisVALBM$1.1B+0.3%
70BKVBKVUS$938M+10.3%
71Vermilion EnergyVETCA$908M+35.6%
72Profrac HoldingACDCUS$876M−7.3%
73Quaker ChemicalKWRUS$835M+24.7%
74Par PacificPARRUS$798M−28.0%
75Gulfport EnergyGPORUS$788M+12.1%
76Coronado Global ResourcesCODQLAU$685M+66.7%
77Gran Tierra EnergyGTECA$675M−3.8%
78SeadrillSDRLUS$613M+0.5%
79North American ConstructionNOACA$548M+9.5%
80Atlas Energy SolutionsAESIUS$538M+15.3%
81GeoparkGPRKCO$535M+8.8%
82Precision DrillingPDSCA$496M−12.1%
83Oceaneering InternationalOIIUS$487M+1.1%
84Ramaco ResourcesMETCUS$468M+820,173.7%
85Alliance Resource PartnersARLPUS$427M−5.3%
86DnowDNOWUS$411M+$411M
87TechnipfmcFTIGB$396M−34.8%
88Magnolia Oil & GasMGYUS$393M+0.2%
89Granite Ridge ResourcesGRNTUS$368M+79.4%
90W&T OffshoreWTIUS$342M−6.4%
91Nine Energy ServiceNINEUS$342M+7.7%
92Peabody EnergyBTUUS$321M−3.3%
93Core Natural ResourcesCNRUS$317M+299.0%
94Hornbeck Offshore ServicesHOSUS$298M−2.5%
95Txo PartnersTXOUS$291M+85.3%
96Select Water SolutionsWTTRUS$285M+235.3%
97KLX Energy ServicesKLXEUS$254M−10.9%
98Liberty EnergyLBRTUS$242M+26.8%
99Riley Exploration PermianREPXUS$228M−8.7%
100National Energy Services ReunitedNESRUS$191M−24.8%

All figures from SEC filings · FY2025 · 100

see sources

Download this data as a CSV →

Embed this table

Free to use on any site. The table updates itself whenever the data is rebuilt — you paste it once. The only condition is that you keep the credit line below the table, so readers can reach the source.

<iframe src="https://companiesranked.com/embed/en/energy-companies-with-the-most-debt" title="Energy companies with the most long-term debt" width="100%" height="478" loading="lazy" style="max-width:680px;border:1px solid #e5e2dc;border-radius:6px"></iframe>
<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/energy-companies-with-the-most-debt">Energy companies with the most long-term debt</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

Open the embed on its own →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Energy companies with the most long-term debt |url=https://companiesranked.com/en/energy-companies-with-the-most-debt |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Energy companies with the most long-term debt. CompaniesRanked. https://companiesranked.com/en/energy-companies-with-the-most-debt

BibTeX

@misc{companiesranked-en-energy-companies-with-the-most-debt-2026,
  author       = {{CompaniesRanked}},
  title        = {{Energy companies with the most long-term debt}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/energy-companies-with-the-most-debt}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

Companies with the most long-term debt →

By sector

By country