Pipestone Energy (TSX:PIPE) Accounts Payable & Accrued Expense : C$101.8 Mil (As of Jun. 2023)

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What is Pipestone Energy Accounts Payable & Accrued Expense?

Pipestone Energy's quarterly accounts payable & accrued expense increased from Dec. 2022 (C$101.0 Mil) to Mar. 2023 (C$127.8 Mil) but then declined from Mar. 2023 (C$127.8 Mil) to Jun. 2023 (C$101.8 Mil).

Pipestone Energy's annual accounts payable & accrued expense increased from Dec. 2020 (C$59.4 Mil) to Dec. 2021 (C$82.1 Mil) and increased from Dec. 2021 (C$82.1 Mil) to Dec. 2022 (C$101.0 Mil).

Pipestone Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pipestone Energy'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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Pipestone Energy Accounts Payable & Accrued Expense Chart

Pipestone Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

43.96

59.07

59.37

82.13

100.98

Pipestone Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															131.83	122.53	100.98	127.79	101.78

Pipestone Energy 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.

Pipestone Energy (TSX:PIPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pipestone Energy Corp (TSX:PIPE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.

Website

https://www.pipestonecorp.com

Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.

Executives

Gmt Capital Corp

Director

Pipestone Energy (TSX:PIPE) Headlines

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