PennPetro Energy (LSE:PPP) Buildings And Improvements : £0.00 Mil (As of Sep. 2023)

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What is PennPetro Energy Buildings And Improvements?

PennPetro Energy Buildings And Improvements Historical Data

The historical data trend for PennPetro Energy'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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PennPetro Energy Buildings And Improvements Chart

PennPetro Energy Annual Data

Trend

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Buildings And Improvements

PennPetro Energy Semi-Annual Data
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PennPetro Energy 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.

PennPetro Energy (LSE:PPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PennPetro Energy PLC (LSE:PPP) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

20b Wilton Row, London, GBR, SW1 7NS

Website

http://www.pennpetroenergy.co.uk

PennPetro Energy PLC operates as an oil and gas production company. The principal activity of the group is onshore oil and gas exploration and production in the United States of America. It operates in two geographical areas, the United Kingdom and the United States of America.

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