CGX Energy (TSXV:OYL) Construction In Progress : C$29.33 Mil (As of Mar. 2025)

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What is CGX Energy Construction In Progress?

CGX Energy's quarterly construction in progress increased from Sep. 2024 (C$27.31 Mil) to Dec. 2024 (C$29.09 Mil) and increased from Dec. 2024 (C$29.09 Mil) to Mar. 2025 (C$29.33 Mil).

CGX Energy's annual construction in progress increased from Dec. 2022 (C$24.19 Mil) to Dec. 2023 (C$26.51 Mil) and increased from Dec. 2023 (C$26.51 Mil) to Dec. 2024 (C$29.09 Mil).

CGX Energy Construction In Progress Historical Data

The historical data trend for CGX 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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CGX Energy Construction In Progress Chart

CGX Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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10.64

18.64

24.19

26.51

29.09

CGX Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															26.83	27.45	27.31	29.09	29.33

CGX 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.

CGX Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CGX Energy Inc (TSXV:OYL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CGXEF:USA GXCN:Germany

Address

333 Bay Street, Suite 2400, Toronto, ON, CAN, M5H 2T6

Website

https://www.cgxenergy.com

CGX Energy Inc. is a Canada-based company engaged in petroleum and natural gas exploration offshore the Cooperative Republic of Guyana, South America (Guyana), and the construction of a deepwater port on the Berbice River in Guyana. It has two reportable operating segments: petroleum and natural gas exploration.

Executives

Tralisa Maraj	Senior Officer
Dennis Joseph Mills	Director, Director or Senior Officer of 10% Security Holder
Suresh Narine	Director, Senior Officer
Ltd. Japan Drilling Co.	10% Security Holder

CGX Energy Headlines

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