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Camber Energy (Camber Energy) Gross Property, Plant and Equipment : $78.43 Mil (As of Mar. 2023)


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What is Camber Energy Gross Property, Plant and Equipment?

Camber Energy's quarterly gross PPE stayed the same from Sep. 2022 ($78.43 Mil) to Dec. 2022 ($78.43 Mil) and stayed the same from Dec. 2022 ($78.43 Mil) to Mar. 2023 ($78.43 Mil).

Camber Energy's annual gross PPE stayed the same from Mar. 2020 ($78.46 Mil) to Dec. 2021 ($78.43 Mil) and stayed the same from Dec. 2021 ($78.43 Mil) to Dec. 2022 ($78.43 Mil).


Camber Energy Gross Property, Plant and Equipment Historical Data

The historical data trend for Camber Energy's Gross Property, Plant and Equipment 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.

* Premium members only.

Camber Energy Gross Property, Plant and Equipment Chart

Camber Energy Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.10 78.55 78.46 78.43 78.43

Camber Energy Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.43 78.43 78.43 78.43 78.43

Camber Energy Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Camber Energy  (AMEX:CEI) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Camber Energy Gross Property, Plant and Equipment Related Terms

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Camber Energy (Camber Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Camber Energy Inc (AMEX:CEI) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
N/A
Address
15915 Katy Freeway, Suite 450, Houston, TX, USA, 77094
Camber Energy Inc is active in the oil and gas market. The company is engaged in the acquisition and development of crude oil and natural gas from various known productive geological formations. The company operates exclusively in the onshore United States oil and natural gas industry. Its sales are made on a month-to-month basis, and title transfer occurs when the oil is loaded onto the purchaser's truck.
Executives
James G Miller director P.O. BOX 14144, PARKVILLE MO 64152
Barker Frank W. Jr. officer: Chief Financial Officer 115915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Robert K Green director P O BOX 13287, KANSAS CITY MO 64199
James Andrew Doris director, officer: CEO & President 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Louis G Schott officer: Interim CEO 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Donnie Baker Seay director 105 NADINE RD., SAN ANTONIO TX 78209
Robert W Schleizer officer: Interim CFO
Mpii, Inc. officer: President PO BOX 14000, SAN ANTONIO TX 78214
R.d. Tips, Inc. officer: President 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Robert D. Tips director 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Kenneth Ray Sanders officer: Chief Operating Officer 2706 KINGS FOREST DR., KINGWOOD TX 77339
Paul Anthony Pinkston officer: Chief Accounting Officer 450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Segundo Resources, Llc 10 percent owner PO BOX 6172, SAN ANTONIO TX 78209
Azar Ii Richard Nathan director, 10 percent owner PO BOX 6172, SAN ANTONIO TX 78209
Alan William Dreeben director, 10 percent owner 200 PATTERSON, #1008, SAN ANTONIO TX 78209