Whitecap Resources (Whitecap Resources) Accumulated Depreciation : $-4,236 Mil (As of Mar. 2024)

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What is Whitecap Resources Accumulated Depreciation?

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

Whitecap Resources's quarterly accumulated depreciation increased from Sep. 2023 ($-3,889 Mil) to Dec. 2023 ($-4,088 Mil) and increased from Dec. 2023 ($-4,088 Mil) to Mar. 2024 ($-4,236 Mil).

Whitecap Resources's annual accumulated depreciation declined from Dec. 2021 ($-3,839 Mil) to Dec. 2022 ($-3,396 Mil) but then increased from Dec. 2022 ($-3,396 Mil) to Dec. 2023 ($-4,088 Mil).

Whitecap Resources Accumulated Depreciation Historical Data

The historical data trend for Whitecap Resources's Accumulated Depreciation 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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Whitecap Resources Accumulated Depreciation Chart

Whitecap Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-2,662.63

-4,868.47

-3,838.75

-3,395.73

-4,088.33

Whitecap Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-3,532.27	-3,794.67	-3,889.07	-4,088.33	-4,235.82

Whitecap Resources Accumulated Depreciation Calculation

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.

Whitecap Resources Accumulated Depreciation Related Terms

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Whitecap Resources (Whitecap Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Whitecap Resources Inc (OTCPK:SPGYF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

J6I:Germany WCP:Canada

Address

3800, 525 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1

Website

https://www.wcap.ca

Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets. To extract petroleum products from its resources, the company uses horizontal drilling, in addition to multistage fracturing technology. Crude oil is the revenue generator out of the basket of energy products sold by Whitecap.

Whitecap Resources (Whitecap Resources) Headlines

From GuruFocus

Whitecap Expands Use of Watchdog for Wellsite Monitoring

By PRNewswire PRNewswire • 09-24-2019