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SPGYF (Whitecap Resources) Buildings And Improvements : $25 Mil (As of Sep. 2024)


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What is Whitecap Resources Buildings And Improvements?

Whitecap Resources's quarterly buildings and improvements declined from Mar. 2024 ($27 Mil) to Jun. 2024 ($27 Mil) and declined from Jun. 2024 ($27 Mil) to Sep. 2024 ($25 Mil).

Whitecap Resources's annual buildings and improvements declined from Dec. 2021 ($28 Mil) to Dec. 2022 ($26 Mil) but then increased from Dec. 2022 ($26 Mil) to Dec. 2023 ($27 Mil).


Whitecap Resources Buildings And Improvements Historical Data

The historical data trend for Whitecap Resources'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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Whitecap Resources Buildings And Improvements Chart

Whitecap Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.60 22.20 27.73 26.28 26.91

Whitecap Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Buildings And Improvements 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 Premium Member Only Premium Member Only Premium Member Only 26.75 26.91 27.19 26.78 25.10

Whitecap Resources 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.


Whitecap Resources Business Description

Traded in Other Exchanges
Address
3800, 525 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1
Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets. To extract petroleum products from its resources, the company uses horizontal drilling, in addition to multistage fracturing technology. Crude oil is the revenue generator out of the basket of energy products sold.