ARO and Debt Comparison YGR, IPO, and PRQFor obvious reasons net debt gets a lot of focus when comparing E&Ps but ARO, while often times substantial, does not carry the same weight for many. One of the knocks on YGR is the debt level but it's ARO is significatly lower than many of it's peers. Some might call ARO a red herring but like debt it has an impact on FCF. The following table provides a comparion between YGR, IPO and PRQ.
| | YGR | IPO | PRQ |
| Net Debt | $99 | $68 | $61 |
| Total ARO | $17 | $94 | $37 |
| Total Liability | $106 | $162 | $98 |
| | | | |
| YTD Debt Service Exp | $7.7 | $4.3 | $4.9 |
| YTD ARO Exp | $0.5 | $2.2 | $1.3 |
| YTD Total | $8.2 | $6.5 | $6.2 |