PRIO (BSP:PRIO3) Construction In Progress : R$3,789 Mil (As of Dec. 2023)

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What is PRIO Construction In Progress?

PRIO's quarterly construction in progress increased from Jun. 2023 (R$2,902 Mil) to Sep. 2023 (R$3,527 Mil) and increased from Sep. 2023 (R$3,527 Mil) to Dec. 2023 (R$3,789 Mil).

PRIO's annual construction in progress increased from Dec. 2021 (R$501 Mil) to Dec. 2022 (R$1,337 Mil) and increased from Dec. 2022 (R$1,337 Mil) to Dec. 2023 (R$3,789 Mil).

PRIO Construction In Progress Historical Data

The historical data trend for PRIO'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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PRIO Construction In Progress Chart

PRIO Annual Data

Trend

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Dec21

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Dec23

Construction In Progress

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275.53

384.38

501.25

1,336.72

3,789.27

PRIO 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	Get a 7-Day Free Trial															1,336.72	1,979.00	2,901.91	3,527.16	3,789.27

PRIO 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.

PRIO (BSP:PRIO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PRIO SA (BSP:PRIO3) » Definitions » Construction In Progress

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PTRRY:USA

Address

Praia de Botafogo, 370, 13th Floor, Botafogo, Rio de Janeiro, RJ, BRA

Website

https://www.prio3.com.br

PRIO SA is engaged in the exploration and production of oil and gas in Brazil and abroad. The company is engaged in oil and gas exploration and production in Brazil and overseas. Its exploration assets comprise Hammer shark field, Octopus field, Campo de Frade, East Albacora field, and Wahoo block.

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