Lonestar Resources US (Lonestar Resources US) Inventories, Work In Process : $0.0 Mil (As of Jun. 2021)

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What is Lonestar Resources US Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Lonestar Resources US's work in process for the quarter that ended in Jun. 2021 was $0.0 Mil.

Lonestar Resources US Inventories, Work In Process Historical Data

The historical data trend for Lonestar Resources US's Inventories, Work In Process can be seen below:

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Lonestar Resources US Inventories, Work In Process Chart

Lonestar Resources US Annual Data

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Inventories, Work In Process

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Lonestar Resources US Quarterly Data
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Lonestar Resources US Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Lonestar Resources US (Lonestar Resources US) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lonestar Resources US Inc (OTCPK:LONE) » Definitions » Inventories, Work In Process

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Address

111 Boland Street, Suite 301, Fort Worth, TX, USA, 76107

Website

https://www.lonestarresources.com

Lonestar Resources US Inc is an oil and natural gas company. It focuses on the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas in the Eagle Ford Shale in South Texas. The properties in the Eagle Ford are divided into three distinct regions namely the Western Eagle Ford, Central Eagle Ford, and Eastern Eagle Ford. The vast majority of its revenue is generated from oil sales.