LOGL (Legend Oil & Gas) Accounts Payable & Accrued Expense : $0.94 Mil (As of Dec. 2016)

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What is Legend Oil & Gas Accounts Payable & Accrued Expense?

Legend Oil & Gas's quarterly accounts payable & accrued expense increased from Jun. 2016 ($0.81 Mil) to Sep. 2016 ($0.90 Mil) and increased from Sep. 2016 ($0.90 Mil) to Dec. 2016 ($0.94 Mil).

Legend Oil & Gas's annual accounts payable & accrued expense increased from Dec. 2014 ($0.68 Mil) to Dec. 2015 ($1.18 Mil) but then declined from Dec. 2015 ($1.18 Mil) to Dec. 2016 ($0.94 Mil).

Legend Oil & Gas Accounts Payable & Accrued Expense Historical Data

The historical data trend for Legend Oil & Gas's Accounts Payable & Accrued Expense 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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Legend Oil & Gas Accounts Payable & Accrued Expense Chart

Legend Oil & Gas Annual Data

Trend

Dec04

Dec08

Dec09

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Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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1.39

0.25

0.68

1.18

0.94

Legend Oil & Gas Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.18	0.85	0.81	0.90	0.94

Legend Oil & Gas Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Legend Oil & Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Legend Oil & Gas Ltd (OTCPK:LOGL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

555 North Point Center East, Suite 410, Alpharetta, GA, USA, 30022

Website

http://www.maxxonenergy.com

Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. It focuses is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment, as the oil and gas.

Executives

Neal P Kaufman	director	14315 WEST HARDY ROAD, HOUSTON TX 77060
Hillair Capital Investments Lp	10 percent owner	345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
Sean M Mcavoy	10 percent owner	345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
Hillair Capital Management Llc	10 percent owner	345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
James Vandeberg	10 percent owner	10710 NE 10TH STREET #1307, BELLEVUE WA 98004
Steve S Sinohui	director, 10 percent owner	2789 S. LAMAR STREET DENVER CO 80227

Legend Oil & Gas Headlines

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