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CNOOC (STU:NC2B) Buildings And Improvements : €0 Mil (As of Sep. 2024)


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What is CNOOC Buildings And Improvements?

CNOOC's quarterly buildings and improvements increased from Mar. 2024 (€0 Mil) to Jun. 2024 (€467 Mil) but then declined from Jun. 2024 (€467 Mil) to Sep. 2024 (€0 Mil).

CNOOC's annual buildings and improvements increased from Dec. 2021 (€132 Mil) to Dec. 2022 (€277 Mil) and increased from Dec. 2022 (€277 Mil) to Dec. 2023 (€427 Mil).

CNOOC Buildings And Improvements Historical Data

The historical data trend for CNOOC'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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CNOOC Buildings And Improvements Chart

CNOOC 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 96.50 112.75 132.00 277.04 427.41

CNOOC Quarterly Data
Dec18 Jun19 Dec19 Jun20 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 - 427.41 - 466.76 -

CNOOC 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.

CNOOC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNOOC Ltd (STU:NC2B) » Definitions » Buildings And Improvements
Comparable Companies
HKSE:00467 HKSE:00632 HKSE:01101 HKSE:02012 HKSE:01555 HKSE:03395 COP EOG TSX:CNQ FANG OXY HES TPL ADX:NMDCENR ASX:WDS EQT DVN MIC:NVTK EXE CTRA
Traded in Other Exchanges
00883:Hong Kong NC2B:Germany NC2B:Germany 600938:China
Address
1 Garden Road, 65th Floor, Bank of China Tower, Hong Kong, HKG, 999077
Website
https://www.cnoocltd.com
CNOOC is China's main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Net production for 2023 reached 678.0 million barrels of oil equivalent (78.1% oil), and year-end proven reserves were 6.78 billion barrels of oil equivalent. Assets outside China make up around 31.2% of production.

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