Desert Peak Minerals (Desert Peak Minerals) Accumulated Depreciation : $-96.43 Mil (As of Jun. 2021)

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What is Desert Peak Minerals Accumulated Depreciation?

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

Desert Peak Minerals's quarterly accumulated depreciation increased from Dec. 2019 ($-48.71 Mil) to Dec. 2020 ($-80.63 Mil) and increased from Dec. 2020 ($-80.63 Mil) to Jun. 2021 ($-96.43 Mil).

Desert Peak Minerals's annual accumulated depreciation declined from . 20 ($0.00 Mil) to Dec. 2019 ($-48.71 Mil) but then increased from Dec. 2019 ($-48.71 Mil) to Dec. 2020 ($-80.63 Mil).

Desert Peak Minerals Accumulated Depreciation Historical Data

The historical data trend for Desert Peak Minerals'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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Desert Peak Minerals Accumulated Depreciation Chart

Desert Peak Minerals Annual Data

Trend

Dec19

Dec20

Accumulated Depreciation

-48.71

-80.63

Desert Peak Minerals Quarterly Data
	Dec19	Dec20	Jun21
Accumulated Depreciation	-48.71	-80.63	-96.43

Desert Peak Minerals 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.

Desert Peak Minerals Accumulated Depreciation Related Terms

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Desert Peak Minerals (Desert Peak Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Desert Peak Minerals Inc (NYSE:DPM) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.desertpeak.com

Desert Peak Minerals Inc acquires, owns, and manages mineral and royalty interests in the Permian Basin. Its mineral and royalty interests entitle the company to receive a fixed percentage of the revenue from crude oil, natural gas, and NGLs produced from the acreage.