Heavily Debt Watch in These Large Cap Energy Companies

Wall St. Watchdog reveals information about heavily indebted large cap companies in the Energy sector:

  • BP plc (ADR) (NYSE:BP): This company holds $83,879,000,000 in debt on its balance sheet, against $96,853,000,000 in assets, for a debt-to-assets ratio of 0.87. The stock recently traded at $38.19 and its market capitalization is $125,132,900,000. About the company: BP plc is an oil and petrochemicals company. The Company explores for and produces oil and natural gas, refines, markets, and supplies petroleum products, generates solar energy, and manufactures and markets chemicals. BP’s chemicals include terephthalic acid, acetic acid, acrylonitrile, ethylene and polyethylene.
  • CNOOC Limited (ADR) (NYSE:CEO): This company holds $10,777,258,736 in debt on its balance sheet, against $15,628,297,936 in assets, for a debt-to-assets ratio of 0.69. The stock recently traded at $181.45 and its market capitalization is $85,288,358,886. About the company: CNOOC Limited, through its subsidiaries, explores, develops, produces, and sells crude oil and natural gas.
  • ConocoPhillips (NYSE:COP): This company holds $27,419,000,000 in debt on its balance sheet, against $34,660,000,000 in assets, for a debt-to-assets ratio of 0.79. The stock recently traded at $61.92 and its market capitalization is $85,017,680,000. About the company: ConocoPhillips is an international, integrated energy company which operates in several business segments.  The Company explores for and produces petroleum, and refines, markets, supplies, and transports petroleum.  ConocoPhillips also gathers and processes natural gas, and produces and distributes chemicals and plastics.
  • Eni S.p.A. (ADR) (NYSE:E): This company holds $49,442,545,830 in debt on its balance sheet, against $49,533,348,769 in assets, for a debt-to-assets ratio of 1.00. The stock recently traded at $36.05 and its market capitalization is $74,775,204,516. About the company: Eni S.p.A. explores for and produces hydrocarbons in Italy, Africa, the North Sea, the Gulf of Mexico, Kazakhstan, and Australia. The Company both produces natural gas and imports it for sale in Italy and elsewhere in Europe. Eni transports natural gas in pipelines. The Company generates and trades electricity, refines oil, and operates gasoline service stations.
  • Marathon Oil Corporation (NYSE:MRO): This company holds $11,113,000,000 in debt on its balance sheet, against $13,829,000,000 in assets, for a debt-to-assets ratio of 0.80. The stock recently traded at $23.37 and its market capitalization is $16,641,510,000. About the company: Marathon Oil Corporation, through its subsidiaries, is an integrated oil firm with operations worldwide. The Company explores for and produces and markets liquid hydrocarbons and natural gas on a worldwide basis. Marathon also mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada and refines, markets and transports crude oil and petroleum products.
  • Petroleo Brasileiro SA (ADR) (NYSE:PBR): This company holds $33,552,000,000 in debt on its balance sheet, against $63,863,000,000 in assets, for a debt-to-assets ratio of 0.53. The stock recently traded at $26.15 and its market capitalization is $159,230,600,000. About the company: Petroleo Brasileiro S.A. – Petrobras explores for and produces oil and natural gas. The Company refines, markets, and supplies oil products. Petrobras operates oil tankers, distribution pipelines, marine, river and lake terminals, thermal power plants, fertilizer plants, and petrochemical units. The Company operates in South America and elsewhere around the world.
  • Royal Dutch Shell plc (ADR) (NYSE:RDSA): This company holds $100,552,000,000 in debt on its balance sheet, against $112,894,000,000 in assets, for a debt-to-assets ratio of 0.89. The stock recently traded at $60.01 and its market capitalization is $195,812,900,000. About the company: Royal Dutch Shell plc operates as an oil and gas company worldwide. The company explores for, and extracts crude oil and natural gas. It also converts natural gas to liquids to provide cleaner burning fuels; markets and trades natural gas and power; extracts bitumen from mined oil sands and convert it to synthetic crude oil; and develops wind power to generate electricity.
  • Schlumberger Limited. (NYSE:SLB): This company holds $10,865,000,000 in debt on its balance sheet, against $18,098,000,000 in assets, for a debt-to-assets ratio of 0.60. The stock recently traded at $73.67 and its market capitalization is $99,407,890,000. About the company: Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys.
  • China Petroleum + Chemical Corp. (ADR) (NYSE:SNP): This company holds $52,233,531,846 in debt on its balance sheet, against $40,405,589,088 in assets, for a debt-to-assets ratio of 1.29. The stock recently traded at $84.97 and its market capitalization is $91,632,943,876. About the company: China Petroleum and Chemical Corporation (Sinopec) refines, produces and trades petroleum and petrochemical products such as gasoline, diesel, jet fuel, kerosene, ethylene, synthetic fibers, synthetic rubber, synthetic resins, and chemical fertilizers. Also, The company explores for and produces crude oil and natural gas in China.
  • Statoil ASA(ADR) (NYSE:STO): This company holds $24,777,734,001 in debt on its balance sheet, against $27,075,963,484 in assets, for a debt-to-assets ratio of 0.92. The stock recently traded at $20.09 and its market capitalization is $66,352,390,820. About the company: Statoil ASA explores for, produces, transports, refines, and trades oil and natural gas. The Company explores for oil in Europe, Africa, the Middle East, Asia, and the Americas.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

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