Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Construction In Progress : KWD0.00 Mil (As of Dec. 2024)

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What is Burgan Company for Well Drilling Trading and MaintenanceK Construction In Progress?

Burgan Company for Well Drilling Trading and MaintenanceK's annual construction in progress declined from Mar. 2022 (KWD13.69 Mil) to Mar. 2023 (KWD5.47 Mil) and declined from Mar. 2023 (KWD5.47 Mil) to Mar. 2024 (KWD5.21 Mil).

Burgan Company for Well Drilling Trading and MaintenanceK Construction In Progress Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK'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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Burgan Company for Well Drilling Trading and MaintenanceK Construction In Progress Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data

Trend

Mar13

Mar14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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19.21

15.28

13.69

5.47

5.21

Burgan Company for Well Drilling Trading and MaintenanceK Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															-	5.21	-	-	-

Burgan Company for Well Drilling Trading and MaintenanceK 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.

Burgan Company for Well Drilling Trading and MaintenanceK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Burgan Company for Well Drilling Trading and Maintenance SAK (KUW:ABAR) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022

Website

https://www.burgandrilling.com

Burgan Company for Well Drilling Trading and Maintenance SAK provides drilling, exploration, and maintenance services for oil and gas companies. The company offers development and exploratory services, as well as drilling and maintenance of oil and gas wells in Kuwait and internationally with the approval of the Ministry of Oil. It also establishes, participates in, or acquires affiliates as outlined in its Memorandum of Incorporation. Additionally, the company invests its financial surpluses in portfolios managed by specialized entities. Burgan Company serves its clients by drilling deep, medium, and shallow wells, as well as performing workover operations. Its primary operating segment is oil and gas well services.

Burgan Company for Well Drilling Trading and MaintenanceK Headlines

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