Petrus Resources (Petrus Resources) Accumulated Depreciation : $-520.17 Mil (As of Mar. 2024)

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What is Petrus Resources Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Petrus Resources's quarterly accumulated depreciation increased from Sep. 2023 ($-504.91 Mil) to Dec. 2023 ($-516.91 Mil) and increased from Dec. 2023 ($-516.91 Mil) to Mar. 2024 ($-520.17 Mil).

Petrus Resources's annual accumulated depreciation declined from Dec. 2021 ($-479.37 Mil) to Dec. 2022 ($-476.16 Mil) but then increased from Dec. 2022 ($-476.16 Mil) to Dec. 2023 ($-516.91 Mil).

Petrus Resources Accumulated Depreciation Historical Data

The historical data trend for Petrus Resources's Accumulated Depreciation 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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Petrus Resources Accumulated Depreciation Chart

Petrus Resources Annual Data

Trend

Jan14

Jan15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-443.00

-533.70

-479.37

-476.16

-516.91

Petrus Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-482.70	-505.84	-504.91	-516.91	-520.17

Petrus Resources Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Petrus Resources Accumulated Depreciation Related Terms

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Petrus Resources (Petrus Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrus Resources Ltd (OTCPK:PTRUF) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

PRQ:Canada

Address

2400, 240 - 4th Avenue SW, Calgary, AB, CAN, T2P 4H4

Website

https://www.petrusresources.com

Petrus Resources Ltd is an oil and gas company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.