Western Energy Services (TSX:WRG) Accumulated Depreciation : C$-700.4 Mil (As of Mar. 2024)

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What is Western Energy Services Accumulated Depreciation?

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

Western Energy Services's quarterly accumulated depreciation increased from Sep. 2023 (C$-686.3 Mil) to Dec. 2023 (C$-689.4 Mil) and increased from Dec. 2023 (C$-689.4 Mil) to Mar. 2024 (C$-700.4 Mil).

Western Energy Services's annual accumulated depreciation increased from Dec. 2021 (C$-619.9 Mil) to Dec. 2022 (C$-661.1 Mil) and increased from Dec. 2022 (C$-661.1 Mil) to Dec. 2023 (C$-689.4 Mil).

Western Energy Services Accumulated Depreciation Historical Data

The historical data trend for Western Energy Services'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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Western Energy Services Accumulated Depreciation Chart

Western Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-530.34

-587.16

-619.85

-661.12

-689.39

Western Energy Services 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															-669.43	-675.50	-686.27	-689.39	-700.39

Western Energy Services 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.

Western Energy Services Accumulated Depreciation Related Terms

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Western Energy Services (TSX:WRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Western Energy Services Corp (TSX:WRG) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

WEEEF:USA

Address

215 - 9th Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 1K3

Website

https://www.wesc.ca

Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies. The production service segment includes well servicing rigs and related equipment, and oilfield rental equipment. It generates revenue mainly through its Contract drilling operation segment.

Executives

Sime Armoyan	10% Security Holder
Tomer Cohen	Director

Western Energy Services (TSX:WRG) Headlines

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