Noble Energy (Noble Energy) Long-Term Capital Lease Obligation : $324 Mil (As of Jun. 2020)

View and export this data going back to 1980. Start your Free Trial

What is Noble Energy Long-Term Capital Lease Obligation?

Noble Energy's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2020 was $324 Mil.

Noble Energy's quarterly Long-Term Capital Lease Obligation increased from Dec. 2019 ($327 Mil) to Mar. 2020 ($334 Mil) but then declined from Mar. 2020 ($334 Mil) to Jun. 2020 ($324 Mil).

Noble Energy's annual Long-Term Capital Lease Obligation declined from Dec. 2017 ($212 Mil) to Dec. 2018 ($182 Mil) but then increased from Dec. 2018 ($182 Mil) to Dec. 2019 ($327 Mil).

Noble Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Noble Energy's Long-Term Capital Lease Obligation 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.

* Premium members only.

Noble Energy Long-Term Capital Lease Obligation Chart

Noble Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

312.00

212.00

182.00

327.00

Noble Energy Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															360.00	373.00	327.00	334.00	324.00

Noble Energy (NAS:NBL) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Noble Energy Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Noble Energy's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Noble Energy (Noble Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Energy Inc (NAS:NBL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Noble Energy Way, Houston, TX, USA, 77070

Website

https://www.nblenergy.com

Noble Energy is an independent oil and gas producer with key assets in the U.S., Israel, and West Africa. At the end of 2019, the company reported net proven reserves of 2.05 billion barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2019, at a ratio of 57% oil and natural gas liquids and 43% natural gas.

Executives

Christine M Michel	officer: SVP, HR & Administration	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Rachel G Clingman	officer: SVP, General Counsel/Corp Sec	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Thomas Hodge Walker	officer: Sr. VP U.S. Onshore	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
J. Keith Elliott	officer: Sr. VP Offshore	NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Dustin A. Hatley	officer: VP, Chief Accounting Officer	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Scott D Urban	director	NOBLE ENERGY, INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
James E Craddock	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Van Kleef William T	director
David L Stover	director, officer: CEO & Director	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Jeffrey L Berenson	director	C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Barbara J Duganier	director	6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Robin H Fielder	officer: SVP, Midstream	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Brent J Smolik	officer: President & COO	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
John T. Lewis	officer: Sr. VP Corporate Development	NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Kenneth M. Fisher	officer: Exec. VP & CFO	C/O CHAMPIONX CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4 FL12, THE WOODLANDS TX 77381