VCYE (Velocity Energy) Accumulated Depreciation: $ Mil (As of Mar. 2011)

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What is Velocity Energy Accumulated Depreciation?

Velocity Energy VCYE Accumulated Depreciation is $ Mil as of Mar. 2011.

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

Velocity Energy's annual accumulated depreciation increased from Dec. 2008 ($-0.53 Mil) to Dec. 2009 ($-0.72 Mil) but then stayed the same from Dec. 2009 ($-0.72 Mil) to Dec. 2010 ($-0.13 Mil).

Velocity Energy Accumulated Depreciation Related Terms

Velocity Energy Accumulated Depreciation Historical Data

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The historical data trend for Velocity Energy'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.

Velocity Energy Accumulated Depreciation Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Accumulated Depreciation
Get a 7-Day Free Trial 0.00 -0.35 -0.53 -0.72 -0.13

Velocity Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Mar09 Jun09 Mar10 Jun10 Sep10 Dec10 Mar11
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Velocity Energy 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.

What does a Accumulated Depreciation of $ Mil mean?
Velocity Energy (VCYE) has a Accumulated Depreciation of $ Mil as of Mar. 2011. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Velocity Energy and its competitors.
Is Velocity Energy's Accumulated Depreciation too high?
Velocity Energy's current Accumulated Depreciation is $ Mil.
How does Velocity Energy's Accumulated Depreciation compare to TGC and EVEPQ?
Velocity Energy's Accumulated Depreciation of $ Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Velocity Energy and its competitors. Velocity Energy's current Accumulated Depreciation is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velocity Energy stock overvalued right now?
Velocity Energy (VCYE) has a current Accumulated Depreciation of $ Mil. The current Accumulated Depreciation is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Velocity Energy (VCYE), the current Accumulated Depreciation is $ Mil as of Mar. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Velocity Energy Business Description

Industry EnergyOil & Gas
Address 523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060
Velocity Energy Inc. is a United States-based oil and natural gas exploration and production company. It focuses on acquiring, developing, exploring, and producing crude oil and natural gas reserves, primarily through working interests in onshore wells and leases. The company's operations center on conventional hydrocarbon properties, where it seeks to increase reserves and production through drilling, recompletions, and workovers of existing wells. Its revenue is derived mainly from the sale of crude oil and natural gas to midstream purchasers, marketers, and industrial buyers under market-based contracts, supplemented at times by farm-out arrangements and non-operating working interests. Velocity Energy has historically pursued opportunities in established producing regions of the United States, targeting properties with existing infrastructure and development potential. The company operates as a small independent producer, and its results depend heavily on commodity price cycles, drilling success, and access to capital for continued development.