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Plains Exploration & Production Company (NYSE:PXP)
Total Equity
\$3,540 Mil (As of Mar. 2013)

Plains Exploration & Production Company's total equity for the quarter that ended in Mar. 2013 was \$3,540 Mil.

Total equity is used to calculate book value per share. Plains Exploration & Production Company's book value per share for the quarter that ended in Mar. 2013 was \$26.63. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Plains Exploration & Production Company's debt to equity ratio for the quarter that ended in Mar. 2013 was 2.75.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Plains Exploration & Production Company's Total Equity for the fiscal year that ended in Dec. 2012 is calculated as

 Total Equity = Total Assets(Q: Mar. 2013 ) - Total Liabilities(Q: Mar. 2013 ) = 17298.283 - 13781.805 = 3,516

Plains Exploration & Production Company's Total Equity for the quarter that ended in Mar. 2013 is calculated as

 Total Equity = Total Assets(Q: Mar. 2013 ) - Total Liabilities(Q: Mar. 2013 ) = 17190.374 - 13650.151 = 3,540

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

1. Total equity is used to calculate book value per share.

Plains Exploration & Production Company's Book Value Per Share for the quarter that ended in Mar. 2013 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (3540.223 - 0) / 132.930 = 26.63

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

Plains Exploration & Production Company's Debt to Equity Ratio for the quarter that ended in Mar. 2013 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (164.288 + 9559.247) / 3540.223 = 2.75

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Plains Exploration & Production Company Annual Data

 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Total Equity 354 870 718 1,131 3,338 2,377 3,199 3,383 3,265 3,516

Plains Exploration & Production Company Quarterly Data

 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Total Equity 3,383 3,456 3,593 3,517 3,265 3,094 3,328 3,287 3,516 3,540
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