GURUFOCUS.COM » STOCK LIST » USA » NYSE » ConocoPhillips (NYSE:COP) » Definitions » Debt-to-Equity
Switch to:

ConocoPhillips Debt-to-Equity

: 0.34 (As of Jun. 2022)
View and export this data going back to 1972. Start your Free Trial

ConocoPhillips's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $676 Mil. ConocoPhillips's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $16,295 Mil. ConocoPhillips's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $50,202 Mil. ConocoPhillips's debt to equity for the quarter that ended in Jun. 2022 was 0.34.

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 ConocoPhillips's Debt-to-Equity or its related term are showing as below:

COP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.6   Max: 4.13
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of ConocoPhillips was 4.13. The lowest was 0.24. And the median was 0.60.

COP's Debt-to-Equity is ranked better than
60.53% of 826 companies
in the Oil & Gas industry
Industry Median: 0.48 vs COP: 0.34

ConocoPhillips Debt-to-Equity Historical Data

The historical data trend for ConocoPhillips'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.

ConocoPhillips Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.47 0.43 0.52 0.44

ConocoPhillips Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity 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 0.45 0.45 0.44 0.38 0.34

Competitive Comparison

For the Oil & Gas E&P subindustry, ConocoPhillips'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.

   

ConocoPhillips Debt-to-Equity Distribution

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

* The bar in red indicates where ConocoPhillips's Debt-to-Equity falls into.



ConocoPhillips Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ConocoPhillips's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

ConocoPhillips's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as

* 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.


ConocoPhillips  (NYSE:COP) 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.


ConocoPhillips Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ConocoPhillips's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


ConocoPhillips Business Description

ConocoPhillips logo
Address
925 North Eldridge Parkway, Houston, TX, USA, 77079
ConocoPhillips is a U.S.-based independent exploration and production firm. At the end of 2020, it produced 727,000 barrels per day of oil and natural gas liquids and 2.4 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 2020 were 4.5 billion barrels of oil equivalent.
Executives
Harper Jack F officer: Executive Vice President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Haynes Welsh Kontessa S officer: Chief Accounting Officer SHIPPING & RECEIVING 16930 PARK ROW DR. HOUSTON TX 77084
Sirdashney Heather G officer: Vice President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Leach Timothy A director, officer: Executive Vice President 7220 MEADOW ROAD DALLAS TX 75230
Mullins Eric D. director HERITAGE PLAZA, 1111 BAGBY STREET SUITE 4600 HOUSTON TX 77002
Olds Nicholas G officer: Senior Vice President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Walker R A director 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Seaton David Thomas director 6700 LAS COLINAS BOULEVARD IRVING TX 75039
Macklon Dominic E. officer: President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Bullock William L. Jr. officer: President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Hatfield Michael D. officer: President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Brooks Catherine A. officer: VP & Controller SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Mcraven William H. director SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Rose Kelly Brunetti officer: SVP & General Counsel SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Joerres Jeffrey A director 5301 NORTH IRONWOOD ROAD MILWAUKEE WI 53217

ConocoPhillips Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)