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Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) Total Current Liabilities : $575 Mil (As of Sep. 2020)


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What is Oasis Petroleum (OLD) Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Oasis Petroleum (OLD)'s total current liabilities for the quarter that ended in Sep. 2020 was $575


Oasis Petroleum (OLD) Total Current Liabilities Historical Data

The historical data trend for Oasis Petroleum (OLD)'s Total Current Liabilities 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.

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Oasis Petroleum (OLD) Total Current Liabilities Chart

Oasis Petroleum (OLD) Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 370.57 381.12 631.28 611.78 602.88

Oasis Petroleum (OLD) Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Total Current Liabilities 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 593.86 602.88 498.67 361.35 575.29

Oasis Petroleum (OLD) Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Oasis Petroleum (OLD)'s Total Current Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=539.952+40.333
+Other Current Liabilities+Current Deferred Liabilities
=22.598+0
=603

Oasis Petroleum (OLD)'s Total Current Liabilities for the quarter that ended in Sep. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=212.135+362.646
+Other Current Liabilities+Current Deferred Liabilities
=0.51300000000003+0
=575

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Oasis Petroleum (OLD) Total Current Liabilities Related Terms

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Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) Business Description

Traded in Other Exchanges
N/A
Address
1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002
Oasis Petroleum is an independent oil and gas producer in the United States. The company operates exclusively in the Williston Basin. At the end of 2018, the company reported net proven reserves of 321 million barrels of oil equivalent. Net production averaged 83,000 barrels of oil equivalent per day in 2018, at a ratio of 77% oil and 23% natural gas and NGLs.
Executives
Paula D Polito director 15747 VILLORESI WAY, NAPLES FL 34110
John E Hagale director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Thomas B Nusz director, officer: Chairman and CEO 1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Taylor L Reid director, officer: President and COO 1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
William J. Cassidy director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Nickolas J Lorentzatos officer: Executive VP, GC & Corp. Sec. 1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Bobby S Shackouls director 5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Michael H Lou officer: Executive VP and CFO 1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Michael Mcshane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Encap Energy Capital Fund Viii, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Encap Energy Capital Fund Viii Co-investors, L.p. 10 percent owner 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Encap Vi-b Acquisitions, L.p. 10 percent owner 1100 LOUISIANA, SUITE 3150, HOUSTON TX 77002
Encap Energy Capital Fund Vii Lp 10 percent owner 1100 LOUISIANA STREET, SUITE 3150, HOUSTON TX 77002
Encap Energy Capital Fund Vi L P 10 percent owner 1100 LOUISIANA ST SUITE 3150, HOUSTON TX 77002
Encap Partners Gp, Llc 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024