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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Debt-to-Equity : -3.66 (As of Sep. 2017)


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What is BreitBurn Energy Partners LP Debt-to-Equity?

BreitBurn Energy Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $753.11 Mil. BreitBurn Energy Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $3.08 Mil. BreitBurn Energy Partners LP's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $-206.61 Mil. BreitBurn Energy Partners LP's debt to equity for the quarter that ended in Sep. 2017 was -3.66.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BreitBurn Energy Partners LP's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of BreitBurn Energy Partners LP was 2.70. The lowest was -3.66. And the median was 0.51.

BBPPQ.PFD's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

BreitBurn Energy Partners LP Debt-to-Equity Historical Data

The historical data trend for BreitBurn Energy Partners LP's Debt-to-Equity 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.

BreitBurn Energy Partners LP Debt-to-Equity Chart

BreitBurn Energy Partners LP Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.95 0.89 2.13 2.01

BreitBurn Energy Partners LP Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 2.01 2.35 2.70 -3.66

Competitive Comparison of BreitBurn Energy Partners LP's Debt-to-Equity

For the Oil & Gas E&P subindustry, BreitBurn Energy Partners LP's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BreitBurn Energy Partners LP's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BreitBurn Energy Partners LP's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BreitBurn Energy Partners LP's Debt-to-Equity falls into.


BreitBurn Energy Partners LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BreitBurn Energy Partners LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1198.259 + 3.094) / 599.016
=2.01

BreitBurn Energy Partners LP's Debt to Equity Ratio for the quarter that ended in Sep. 2017 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(753.107 + 3.077) / -206.605
=-3.66

* 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.

BreitBurn Energy Partners LP  (OTCPK:BBPPQ.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

BreitBurn Energy Partners LP Debt-to-Equity Related Terms

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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BreitBurn Energy Partners LP (OTCPK:BBPPQ.PFD) » Definitions » Debt-to-Equity
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Website
http://www.breitburn.com
Breitburn Energy Partners LP is engaged in the oil and gas market. It is an independent oil and gas partnership focused on the acquisition, exploitation, and development of oil, natural gas liquid (NGL) and natural gas properties in the United States. Its midstream assets include transmission and gathering pipelines, gas processing plants, NGL recovery plants, a controlling interest in a salt water disposal company.
Executives
Thomas E Thurmond officer: Senior Vice President 515 S. FLOWER STREET SUITE 4800, LOS ANGELES CA 90071
Kurt Talbot director C/O EIG MANAGEMENT COMPANY, LLC, 1700 PENNSYLVANIA AVE NW, SUITE 800, WASHINGTON NY 20006
Donald D Wolf director 1670 BROADWAY SUITE 2800, DENVER CO 80202
Walker C Friedman director 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Rogers W Yandell Iii director 801 CHERRY STREET, SUITE 3700, UNIT 19, FORT WORTH TX 76102
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Gregory J Moroney director 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Butler John R Jr director ANADARKO PETROLEUM CORPORATION, 1201 LAKE ROBBINS DR., THE WOODLANDS CA 77380
Charles S Weiss director 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Lawrence C Smith officer: Vice President and Controller 515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Chris E Williamson officer: Senior VP, Western Division 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Bruce D Mcfarland officer: VP, Treasurer and Secretary BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Willis Jackson Washburn officer: Senior VP, Business Dev. C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Randall Hart Breitenbach officer: President BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Mark L Pease officer: COO & Executive V.P. C/O ANADARKO PETROLEUM CORP, 1201 LAKE ROBBINS DR, THE WOODLANDS CA 77380