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Pengrowth Energy (Pengrowth Energy) Buildings And Improvements : $0.0 Mil (As of Sep. 2019)


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What is Pengrowth Energy Buildings And Improvements?


Pengrowth Energy Buildings And Improvements Historical Data

The historical data trend for Pengrowth Energy's Buildings And Improvements 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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Pengrowth Energy Buildings And Improvements Chart

Pengrowth Energy Annual Data
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Buildings And Improvements
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Pengrowth Energy Quarterly Data
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Pengrowth Energy Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Pengrowth Energy (Pengrowth Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
222 Third Avenue SW, Suite 2100, Calgary, AB, CAN, T2P 0B4
Pengrowth Energy Corp is an intermediate Canadian oil and natural gas producer. The company has exposure to the Cardium light oil play, Swan Hills light oil play, and Montney natural gas projects in Canada. Pengrowth's production consists of natural gas, oil, and natural gas liquids, with natural gas constituting a predominant majority of production. Royalties are needed for Pengrowth to explore and develop any oilfields it may come across. Pengrowth actively controls where its production is shipped so that it can monitor and take advantage of favorable pricing opportunities in North American markets.