Petro Welt Technologies AG (STU:O2C) Construction In Progress

: €0.00 Mil (As of Jun. 2023)

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Petro Welt Technologies AG's quarterly construction in progress declined from Dec. 2022 (€0.07 Mil) to Mar. 2023 (€0.00 Mil) but then stayed the same from Mar. 2023 (€0.00 Mil) to Jun. 2023 (€0.00 Mil).

Petro Welt Technologies AG's annual construction in progress increased from Dec. 2020 (€1.53 Mil) to Dec. 2021 (€3.77 Mil) but then declined from Dec. 2021 (€3.77 Mil) to Dec. 2022 (€0.07 Mil).

Petro Welt Technologies AG Construction In Progress Historical Data

The historical data trend for Petro Welt Technologies AG'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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Petro Welt Technologies AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

10.60

16.98

1.53

3.77

0.07

Petro Welt Technologies AG Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Construction In Progress																-	-	0.07	-	-

Petro Welt Technologies AG 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.

Petro Welt Technologies AG (STU:O2C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro Welt Technologies AG (STU:O2C) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karntner Ring 11-13, Vienna, AUT, 1010

Website

https://www.pewete.com

Petro Welt Technologies AG is a service provider of oilfield services in Russia & Kazakhstan. The operating segment of the company is Well Services & Stimulation, Drilling, Sidetracking, Integrated Project Management (IPM), and Proppant Manufacturing. The Well Services & Stimulation segment comprises hydraulic fracturing, cementing, & coiled tubing, with a focus on hydraulic fracturing, a method of well stimulation. The Drilling, Sidetracking, & IPM segment encompasses conventional drilling, sidetrack drilling, & IPM. The Proppant Manufacturing segment offers goods for the oil & natural gas industry & manufactures different kinds of Proppant in Kopeysk, Russia. The majority is from the Well Services and Stimulation segment. Geographically, key revenue is from Russia.

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