Stock Analysis on Net
Stock Analysis on Net

ConocoPhillips (NYSE:COP)

Debt to Equity
since 2005

Microsoft Excel

Calculation

ConocoPhillips, debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Total debt1 ÷ Common stockholders’ equity1
Dec 31, 2023 0.38 = 18,937 ÷ 49,279
Dec 31, 2022 0.35 = 16,643 ÷ 48,003
Dec 31, 2021 0.44 = 19,934 ÷ 45,406
Dec 31, 2020 0.51 = 15,369 ÷ 29,849
Dec 31, 2019 0.43 = 14,895 ÷ 34,981
Dec 31, 2018 0.47 = 14,968 ÷ 31,939
Dec 31, 2017 0.64 = 19,703 ÷ 30,607
Dec 31, 2016 0.78 = 27,275 ÷ 34,974
Dec 31, 2015 0.63 = 24,880 ÷ 39,762
Dec 31, 2014 0.43 = 22,565 ÷ 51,911
Dec 31, 2013 0.42 = 21,662 ÷ 52,090
Dec 31, 2012 0.45 = 21,725 ÷ 47,987
Dec 31, 2011 0.35 = 22,623 ÷ 65,224
Dec 31, 2010 0.34 = 23,592 ÷ 68,562
Dec 31, 2009 0.46 = 28,653 ÷ 62,467
Dec 31, 2008 0.50 = 27,455 ÷ 55,165
Dec 31, 2007 0.24 = 21,687 ÷ 88,983
Dec 31, 2006 0.33 = 27,134 ÷ 82,646
Dec 31, 2005 0.24 = 12,516 ÷ 52,731

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

ConocoPhillips, debt to equity, long-term trends, comparison to competitors

Microsoft Excel
ConocoPhillips Chevron Corp. Exxon Mobil Corp. Marathon Petroleum Corp. Occidental Petroleum Corp. Valero Energy Corp.
Dec 31, 2023 0.38 0.13 0.20 1.12 0.65 0.44
Dec 31, 2022 0.35 0.15 0.21 0.96 0.66 0.49
Dec 31, 2021 0.44 0.23 0.28 0.97 1.46 0.75
Dec 31, 2020 0.51 0.34 0.43 1.42 1.95 0.78
Dec 31, 2019 0.43 0.19 0.24 0.86 1.13 0.44
Dec 31, 2018 0.47 0.22 0.20 0.78 0.48 0.42
Dec 31, 2017 0.64 0.26 0.23 0.92 0.48 0.40
Dec 31, 2016 0.78 0.32 0.26 0.78 0.46 0.40
Dec 31, 2015 0.63 0.25 0.23 0.90 0.34 0.36
Dec 31, 2014 0.43 0.18 0.17 0.62 0.20 0.31
Dec 31, 2013 0.42 0.14 0.13 0.31 0.16 0.34
Dec 31, 2012 0.45 0.09 0.07 0.29 0.19 0.39
Dec 31, 2011 0.35 0.08 0.11 0.35 0.16 0.47
Dec 31, 2010 0.34 0.11 0.10 — 0.16 0.55
Dec 31, 2009 0.46 0.11 0.09 — 0.10 0.50
Dec 31, 2008 0.50 0.10 0.08 — 0.10 0.42
Dec 31, 2007 0.24 0.09 0.08 — 0.08 0.37
Dec 31, 2006 0.33 0.14 0.07 — 0.15 0.28
Dec 31, 2005 0.24 0.21 0.07 — 0.19 0.36

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Oil, Gas & Consumable Fuels)

ConocoPhillips, debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel
ConocoPhillips Oil, Gas & Consumable Fuels
Dec 31, 2023 0.38 0.28
Dec 31, 2022 0.35 0.29
Dec 31, 2021 0.44 0.40
Dec 31, 2020 0.51 0.55
Dec 31, 2019 0.43 0.36
Dec 31, 2018 0.47 0.29
Dec 31, 2017 0.64 0.31
Dec 31, 2016 0.78 0.36
Dec 31, 2015 0.63 0.31
Dec 31, 2014 0.43 0.22
Dec 31, 2013 0.42 0.18
Dec 31, 2012 0.45 0.15
Dec 31, 2011 0.35 0.16
Dec 31, 2010 0.34 0.17
Dec 31, 2009 0.46 0.19
Dec 31, 2008 0.50 0.19
Dec 31, 2007 0.24 0.14
Dec 31, 2006 0.33 0.18
Dec 31, 2005 0.24 0.16

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Energy)

ConocoPhillips, debt to equity, long-term trends, comparison to industry (energy)

Microsoft Excel
ConocoPhillips Energy
Dec 31, 2023 0.38 0.29
Dec 31, 2022 0.35 0.30
Dec 31, 2021 0.44 0.42
Dec 31, 2020 0.51 0.58
Dec 31, 2019 0.43 0.37
Dec 31, 2018 0.47 0.30
Dec 31, 2017 0.64 0.33
Dec 31, 2016 0.78 0.37
Dec 31, 2015 0.63 0.33
Dec 31, 2014 0.43 0.23
Dec 31, 2013 0.42 0.19
Dec 31, 2012 0.45 0.17
Dec 31, 2011 0.35 0.18
Dec 31, 2010 0.34 0.18
Dec 31, 2009 0.46 0.20
Dec 31, 2008 0.50 0.19
Dec 31, 2007 0.24 0.15
Dec 31, 2006 0.33 0.19
Dec 31, 2005 0.24 0.17

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).