Petroreconcavo (BSP:RECV3) Buildings And Improvements : R$598 Mil (As of Dec. 2023)

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What is Petroreconcavo Buildings And Improvements?

Petroreconcavo's quarterly buildings and improvements increased from Jun. 2023 (R$564 Mil) to Sep. 2023 (R$620 Mil) but then declined from Sep. 2023 (R$620 Mil) to Dec. 2023 (R$598 Mil).

Petroreconcavo's annual buildings and improvements increased from Dec. 2021 (R$145 Mil) to Dec. 2022 (R$364 Mil) and increased from Dec. 2022 (R$364 Mil) to Dec. 2023 (R$598 Mil).

Petroreconcavo Buildings And Improvements Historical Data

The historical data trend for Petroreconcavo's Buildings And Improvements 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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Petroreconcavo Buildings And Improvements Chart

Petroreconcavo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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58.13

68.53

144.88

364.12

597.79

Petroreconcavo Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial												364.12	510.45	564.06	619.89	597.79

Petroreconcavo Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Petroreconcavo (BSP:RECV3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroreconcavo SA (BSP:RECV3) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Luís Viana, Hangar Businesss park, Torre 6, Sala 611 Salvador, Salvador, BA, BRA, 41500-300

Website

https://www.petroreconcavo.com.br

Petroreconcavo SA isengaged in the operation and production of mature oil and natural gas fields in Brazil. The company specializes in the development and rejuvenation of mature and marginal fields in onshore basins and is the operator in all of its fields.

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