Pengrowth Energy (Pengrowth Energy) Accounts Payable & Accrued Expense : $43.3 Mil (As of Sep. 2019)

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What is Pengrowth Energy Accounts Payable & Accrued Expense?

Pengrowth Energy's quarterly accounts payable & accrued expense declined from Mar. 2019 ($56.1 Mil) to Jun. 2019 ($38.2 Mil) but then increased from Jun. 2019 ($38.2 Mil) to Sep. 2019 ($43.3 Mil).

Pengrowth Energy's annual accounts payable & accrued expense declined from Dec. 2016 ($142.1 Mil) to Dec. 2017 ($106.7 Mil) and declined from Dec. 2017 ($106.7 Mil) to Dec. 2018 ($54.1 Mil).

Pengrowth Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pengrowth Energy's Accounts Payable & Accrued Expense 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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Pengrowth Energy Accounts Payable & Accrued Expense Chart

Pengrowth Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

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324.49

158.83

142.14

106.67

54.11

Pengrowth Energy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															66.83	54.11	56.09	38.23	43.28

Pengrowth Energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Pengrowth Energy (Pengrowth Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pengrowth Energy Corp (NYSE:PGH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

222 Third Avenue SW, Suite 2100, Calgary, AB, CAN, T2P 0B4

Website

http://www.pengrowth.com

Pengrowth Energy Corp is an intermediate Canadian oil and natural gas producer. The company has exposure to the Cardium light oil play, Swan Hills light oil play, and Montney natural gas projects in Canada. Pengrowth's production consists of natural gas, oil, and natural gas liquids, with natural gas constituting a predominant majority of production. Royalties are needed for Pengrowth to explore and develop any oilfields it may come across. Pengrowth actively controls where its production is shipped so that it can monitor and take advantage of favorable pricing opportunities in North American markets.