GURUFOCUS.COM » STOCK LIST » USA » OTCPK » Petro River Oil Corp (OTCPK:PTRC) » Definitions » Property, Plant and Equipment
Switch to:

Petro River Oil (OTCPK:PTRC) Property, Plant and Equipment

: $5.88 Mil (As of Oct. 2019)
View and export this data going back to 2005. Start your Free Trial

Petro River Oil's quarterly net PPE declined from Apr. 2019 ($5.97 Mil) to Jul. 2019 ($5.95 Mil) and declined from Jul. 2019 ($5.95 Mil) to Oct. 2019 ($5.88 Mil).

Petro River Oil's annual net PPE increased from Apr. 2017 ($2.10 Mil) to Apr. 2018 ($3.88 Mil) and increased from Apr. 2018 ($3.88 Mil) to Apr. 2019 ($5.97 Mil).


Petro River Oil Property, Plant and Equipment Historical Data

The historical data trend for Petro River Oil's 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.

Petro River Oil Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Property, Plant and Equipment
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.88 2.10 3.88 5.97

Petro River Oil Quarterly Data
Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19
Property, Plant and Equipment 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 Premium Member Only Premium Member Only Premium Member Only 6.65 6.67 5.97 5.95 5.88

Petro River Oil Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Petro River Oil  (OTCPK:PTRC) 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.


Petro River Oil Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Petro River Oil's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Petro River Oil (OTCPK:PTRC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
55 5th Avenue, Suite 1702, New York, NY, USA, 10003
Petro River Oil Corp is an independent energy company focused on the exploration and development of conventional oil and gas assets. It has diversification across multiple projects, each with low initial capital expenditures and strong risk-reward characteristics. The company's strategy is to identify, acquire and develop conventional oil and gas assets. The company's activities are focused on the North American and European continents.
Executives
Scot Cohen director, officer: EXECUTIVE CHAIRMAN 20 EAST 20TH ST., APT. 6, NEW YORK NY 10003
Stephen R Brunner officer: PRESIDENT C/O SANCHEZ PRODUCTION PARTNERS LLC, 1000 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Fred S Zeidman director 109 NORTH POST OAK LANE, SUITE 422, HOUSTON TX 77024
Glenn Pollack director 516 SUPERIOR AVE. E. STE. 12000 CLEVELAND OH 44114
John Gilbert Wallace director 1980 POST OAK BLVD SUITE 2020 HOUSTON TX 77056
Daniel Smith officer: EVP, Operations 14271 W. PENINSULA WHITEHOUSE TX 75791
David S. Briones officer: Chief Financial Officer C/O PETRO RIVER OIL COMPANY, 1980 POST OAK BLVD., SUITE 2020, HOUSTON TX 77056
Luis Felipe Vierma officer: EVP, Geological & Geophysical 641 LEXINGTON AVENUE 26TH FLOOR NEW YORK NY 10022
Ruben Alba officer: EVP, Unconventional 11245 RIVER RUN PKWY HENDERSON CO 80640
Gary Williky officer: EVP, Business Development C/O PETRO RIVER OIL CORP. 1980 POST OAK BLVD., SUITE 2020 HOUSTON TX 77056
Ryan Blake Estis director 1980 POST OAK BLVD SUITE 2020 HOUSTON TX 77056
Jeffrey Freedman officer: Interim CEO & Interim CFO 1980 POST OAK BLVD. STE. 2020 HOUSTON TX 77056