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GuruFocus has detected 2 Warning Signs with Newfield Exploration Co $NFX.
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Newfield Exploration Co (NYSE:NFX)
Accumulated Depreciation
$-20,194 Mil (As of Dec. 2016)

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Newfield Exploration Co's quarterly accumulated depreciation increased from Jun. 2016 ($-19,975 Mil) to Sep. 2016 ($-20,084 Mil) and increased from Sep. 2016 ($-20,084 Mil) to Dec. 2016 ($-20,194 Mil).

Newfield Exploration Co's annual accumulated depreciation increased from Dec. 2014 ($-76 Mil) to Dec. 2015 ($-18,624 Mil) and increased from Dec. 2015 ($-18,624 Mil) to Dec. 2016 ($-20,194 Mil).


Definition

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.


Related Terms

Property, Plant and Equipment, Gross Property, Plant and Equipment


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Newfield Exploration Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
AccumulatedDepreciation -3,899-4,591-5,159-5,791-6,506-7,444-8,375-76-18,624-20,194

Newfield Exploration Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
AccumulatedDepreciation -7,996-76-8,462-8,707-17,725-18,624-100-19,975-20,084-20,194
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