GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ConocoPhillips (NYSE:COP) » Definitions » Long-Term Capital Lease Obligation

ConocoPhillips (ConocoPhillips) Long-Term Capital Lease Obligation

: $0 Mil (As of Dec. 2023)
View and export this data going back to 1972. Start your Free Trial

ConocoPhillips's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.


ConocoPhillips Long-Term Capital Lease Obligation Historical Data

The historical data trend for ConocoPhillips'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.

ConocoPhillips Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

ConocoPhillips Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

ConocoPhillips  (NYSE:COP) 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.

ConocoPhillips Long-Term Capital Lease Obligation Related Terms

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


ConocoPhillips (ConocoPhillips) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ConocoPhillips (NYSE:COP) » Definitions » Long-Term Capital Lease Obligation
Address
925 North Eldridge Parkway, Houston, TX, USA, 77079
ConocoPhillips is a U.S.-based independent exploration and production firm. In 2022, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2022 were 6.6 billion barrels of oil equivalent.
Executives
Timothy A Leach director, officer: Executive Vice President 7220 MEADOW ROAD, DALLAS TX 75230
Andrew D Lundquist officer: SVP 5205 N O'CONNOR BLVD, SUITE 200, IRVING TX 75039
Sharmila Mulligan director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Ryan Michael Lance officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
C William Giraud officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Kirk L. Johnson officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Caroline Maury Devine director ATLANTIC COAST AIRLINES INC, 45200 BUSINESS COURT, DULLES VA 20166
R A Walker director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Nicholas G Olds officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Christopher P. Delk officer: Vice President, Controller SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Kelly Brunetti Rose officer: SVP & General Counsel SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Andrew M. O'brien officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Dennis V Arriola director 162 CANCO ROAD, PORTLAND ME 04103
Jody Freeman director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Jack F Harper officer: Executive Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084

ConocoPhillips (ConocoPhillips) Headlines

From GuruFocus

Q3 2023 Conocophillips Earnings Call Transcript

By GuruFocus Research 01-22-2024

Conocophillips Analyst & Investor Meeting Transcript

By GuruFocus Research 01-22-2024

ConocoPhillips Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Conocophillips Earnings Call Transcript

By GuruFocus Research 01-22-2024

ConocoPhillips Analyst & Investor Meeting Transcript

By GuruFocus Research 01-22-2024

Q2 2023 Conocophillips Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2019 ConocoPhillips Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 ConocoPhillips Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Conocophillips Earnings Call Transcript

By GuruFocus Research 01-22-2024

ConocoPhillips 2021 Market Update Transcript

By GuruFocus Research 01-22-2024