WPXP.PFD (WPX Energy) LT-Debt-to-Total-Asset : 0.34 (As of Sep. 2020)

View and export this data going back to 2015. Start your Free Trial

What is WPX Energy LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. WPX Energy's long-term debt to total assests ratio for the quarter that ended in Sep. 2020 was 0.34.

WPX Energy's long-term debt to total assets ratio increased from Sep. 2019 (0.26) to Sep. 2020 (0.34). It may suggest that WPX Energy is progressively becoming more dependent on debt to grow their business.

WPX Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for WPX Energy's LT-Debt-to-Total-Asset 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.

WPX Energy LT-Debt-to-Total-Asset Chart

WPX Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.38

0.35

0.31

0.30

0.26

WPX Energy Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.26	0.32	0.33	0.34

WPX Energy LT-Debt-to-Total-Asset Calculation

WPX Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	2202	/	8413
	=	0.26

WPX Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (Q: Sep. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2020 )	/	Total Assets (Q: Sep. 2020 )
	=	3213	/	9501
	=	0.34

WPX Energy (NYSE:WPXP.PFD) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

WPX Energy LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of WPX Energy's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

WPX Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » WPX Energy Inc (NYSE:WPXP.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3500 One Williams Center, Tulsa, OK, USA, 74172-0172

Website

https://www.wpxenergy.com

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