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WPX Energy (WPX Energy) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2020)


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What is WPX Energy Long-Term Capital Lease Obligation?

WPX Energy's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.00 Mil.


WPX Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for WPX Energy'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.

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WPX Energy Long-Term Capital Lease Obligation Chart

WPX Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Long-Term Capital Lease Obligation
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WPX Energy Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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WPX Energy  (NYSE:WPXP.PFD) 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.

WPX Energy Long-Term Capital Lease Obligation Related Terms

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WPX Energy (WPX Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » WPX Energy Inc (NYSE:WPXP.PFD) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
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Address
3500 One Williams Center, Tulsa, OK, USA, 74172-0172
WPX Energy, based in Tulsa, Oklahoma, is an unconventional oil and gas producer with acreage in the Williston Basin (Bakken), the Permian Basin, and the Rockies. At the end of 2019, the company reported net proven reserves of 528 million barrels of oil equivalent. Net production averaged 167 thousand barrels of oil equivalent per day in 2019, at a ratio of 79% liquids and 21% natural gas.
Executives
Swanson Douglas E Jr director 1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
D Martin Phillips director 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Encap Partners Gp, Llc director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Felix Energy Investments Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Felix Investments Holdings Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Encap Energy Capital Fund X, L.p. director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Angela Kouplen officer: SVP and CIO 2425 SOUTH YUKON, TULSA OK 74107
Valerie Williams director C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Faulkner Stephen L Jr officer: VP and Controller 3500 ONE WILLIAMS CENTER, TULSA OK 74172
Clay M Gaspar officer: Senior Vice President 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Richard E Muncrief officer: President and CEO 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Karl F Kurz director DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Dennis C Cameron officer: SVP and General Counsel DEVON ENERGY, 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Kelt Kindick director DEVON ENERGY CORP, 333 W SHERIDAN AVE, OKLAHOMA CITY OK 73102
David F Work director