Surge Energy (Surge Energy) Accumulated Depreciation : $-1,382.2 Mil (As of Sep. 2023)

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What is Surge Energy Accumulated Depreciation?

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

Surge Energy's quarterly accumulated depreciation increased from Mar. 2023 ($-1,297.1 Mil) to Jun. 2023 ($-1,369.5 Mil) and increased from Jun. 2023 ($-1,369.5 Mil) to Sep. 2023 ($-1,382.2 Mil).

Surge Energy's annual accumulated depreciation declined from Dec. 2020 ($-1,629.8 Mil) to Dec. 2021 ($-1,240.7 Mil) but then stayed the same from Dec. 2021 ($-1,240.7 Mil) to Dec. 2022 ($0.0 Mil).

Surge Energy Accumulated Depreciation Historical Data

The historical data trend for Surge Energy'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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Surge Energy Accumulated Depreciation Chart

Surge Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accumulated Depreciation

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-788.41

-1,058.41

-1,629.78

-1,240.72

Surge Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accumulated Depreciation	Get a 7-Day Free Trial															-	-	-1,297.08	-1,369.52	-1,382.16

Surge Energy 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.

Surge Energy Accumulated Depreciation Related Terms

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Surge Energy (Surge Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Surge Energy Inc (OTCPK:ZPTAF) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

41Z0:Germany SGY:Canada

Address

520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3

Website

https://www.surgeenergy.ca

Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.

Surge Energy (Surge Energy) Headlines

From GuruFocus

Surge Energy Inc Corporate Analyst Meeting Transcript

By GuruFocus Research • 02-15-2024