Adams Resources & Energy (FRA:5QT) Construction In Progress : €4 Mil (As of Mar. 2024)

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What is Adams Resources & Energy Construction In Progress?

Adams Resources & Energy's quarterly construction in progress declined from Sep. 2023 (€5 Mil) to Dec. 2023 (€3 Mil) but then increased from Dec. 2023 (€3 Mil) to Mar. 2024 (€4 Mil).

Adams Resources & Energy's annual construction in progress increased from Dec. 2021 (€3 Mil) to Dec. 2022 (€3 Mil) but then declined from Dec. 2022 (€3 Mil) to Dec. 2023 (€3 Mil).

Adams Resources & Energy Construction In Progress Historical Data

The historical data trend for Adams Resources & Energy's Construction In Progress 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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Adams Resources & Energy Construction In Progress Chart

Adams Resources & Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3.30

1.34

3.01

3.43

3.10

Adams Resources & Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															4.00	4.45	4.67	3.10	4.28

Adams Resources & Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Adams Resources & Energy (FRA:5QT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Adams Resources & Energy Inc (FRA:5QT) » Definitions » Construction In Progress

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Traded in Other Exchanges

AE:USA

Address

17 South Briar Hollow Lane, Suite 100, Houston, TX, USA, 77027

Website

https://www.adamsresources.com

Adams Resources & Energy Inc is engaged in the business of crude oil marketing, tank truck transportation of liquid chemicals and dry bulk, and oil and gas exploration and production. The company operates through four business segments: Crude oil marketing segment offers crude oil marketing, transportation, and storage; Transportation segment includes tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk; Pipeline and storage segment includes pipeline transportation, terminalling, and storage of crude oil; and Logistics and repurposing segment offers interstate bulk transportation logistics of crude oil, condensate, fuels, oils and other petroleum products and recycling and repurposing of off-specification fuels, lubricants, crude oil, and other chemicals.

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