Petro-Victory Energy (TSXV:VRY) Buildings And Improvements : C$0.13 Mil (As of Sep. 2023)

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What is Petro-Victory Energy Buildings And Improvements?

Petro-Victory Energy's quarterly buildings and improvements declined from Mar. 2023 (C$0.14 Mil) to Jun. 2023 (C$0.14 Mil) and declined from Jun. 2023 (C$0.14 Mil) to Sep. 2023 (C$0.13 Mil).

Petro-Victory Energy's annual buildings and improvements stayed the same from Dec. 2020 (C$0.00 Mil) to Dec. 2021 (C$0.00 Mil) but then increased from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$0.14 Mil).

Petro-Victory Energy Buildings And Improvements Historical Data

The historical data trend for Petro-Victory 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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Petro-Victory Energy Buildings And Improvements Chart

Petro-Victory Energy Annual Data

Trend

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Buildings And Improvements

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0.14

Petro-Victory Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Buildings And Improvements	Get a 7-Day Free Trial															0.14	0.14	0.14	0.14	0.13

Petro-Victory 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.

Petro-Victory Energy (TSXV:VRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro-Victory Energy Corp (TSXV:VRY) » Definitions » Buildings And Improvements

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PTVRF:USA

Address

5960 Berkshire Lane, 6th Floor, Dallas, TX, USA, 75225

Website

https://www.petrovictoryenergy.com

Petro-Victory Energy Corp is an oil and gas company that is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. It also holds an interest in more than twenty licenses totaling around 164,000 acres in four different producing basins in Brazil.

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