ADX Energy (ADX Energy) Construction In Progress : $2.06 Mil (As of Dec. 2023)

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What is ADX Energy Construction In Progress?

ADX Energy's quarterly construction in progress declined from Dec. 2022 ($3.10 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($2.06 Mil).

ADX Energy's annual construction in progress increased from Dec. 2021 ($1.77 Mil) to Dec. 2022 ($3.10 Mil) but then declined from Dec. 2022 ($3.10 Mil) to Dec. 2023 ($2.06 Mil).

ADX Energy Construction In Progress Historical Data

The historical data trend for ADX Energy'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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ADX Energy Construction In Progress Chart

ADX Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.31

0.05

1.77

3.10

2.06

ADX Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															1.77	-	3.10	-	2.06

ADX Energy 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.

ADX Energy (ADX Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADX Energy Ltd (OTCPK:ADXRF) » Definitions » Construction In Progress

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Traded in Other Exchanges

GHU:Germany ADX:Australia

Address

29 Bay Road, Claremont, WA, AUS, 6008

Website

https://www.adxenergy.com.au

ADX Energy Ltd is engaged in oil and gas exploration. The reportable operating segments of the company are Sicily Channel Offshore Exploration and Evaluation Segment; Romania Exploration and Appraisal/Development Segment; and Austria Production Segment. The company generates key revenue from Austria Production Segment which includes assets and activities that are associated with oil and gas production in that region.

ADX Energy (ADX Energy) Headlines

From GuruFocus

Adx Energy Ltd at Vertical Events RIU Good Oil & Gas Energy Transcript

By GuruFocus Research • 02-12-2024