Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Construction In Progress

: $31,168 Mil (As of Dec. 2023)

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Petroleo Brasileiro Petrobras's quarterly construction in progress declined from Jun. 2023 ($29,462 Mil) to Sep. 2023 ($6,004 Mil) but then increased from Sep. 2023 ($6,004 Mil) to Dec. 2023 ($31,168 Mil).

Petroleo Brasileiro Petrobras's annual construction in progress declined from Dec. 2021 ($25,579 Mil) to Dec. 2022 ($24,131 Mil) but then increased from Dec. 2022 ($24,131 Mil) to Dec. 2023 ($31,168 Mil).

Petroleo Brasileiro Petrobras Construction In Progress Historical Data

The historical data trend for Petroleo Brasileiro Petrobras's Construction In Progress 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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Petroleo Brasileiro Petrobras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

21,524.14

27,834.72

25,579.03

24,131.50

31,167.73

Petroleo Brasileiro Petrobras Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress																24,131.50	25,725.04	29,461.71	6,004.01	31,167.73

Petroleo Brasileiro Petrobras Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroleo Brasileiro SA Petrobras (NYSE:PBR) » Definitions » Construction In Progress

Traded in Other Exchanges

PBR.A:USA PBRN:Mexico PBRA:Mexico XPBRA:Spain XPBR:Spain PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PETR4:Brazil PETR3:Brazil

Address

Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912

Website

https://www.petrobras.com.br

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.