Forza Petroleum (TSX:FORZ) Other Operating Expense : C$50.9 Mil (TTM As of Sep. 2023)

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What is Forza Petroleum Other Operating Expense?

Forza Petroleum's Other Operating Expense for the three months ended in Sep. 2023 was C$5.2 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$50.9 Mil.

Forza Petroleum's quarterly Other Operating Expense declined from Mar. 2023 (C$21.2 Mil) to Jun. 2023 (C$9.8 Mil) and declined from Jun. 2023 (C$9.8 Mil) to Sep. 2023 (C$5.2 Mil).

Forza Petroleum's annual Other Operating Expense declined from Dec. 2020 (C$35.3 Mil) to Dec. 2021 (C$32.5 Mil) but then increased from Dec. 2021 (C$32.5 Mil) to Dec. 2022 (C$51.7 Mil).

Forza Petroleum Other Operating Expense Historical Data

The historical data trend for Forza Petroleum's Other Operating Expense 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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Forza Petroleum Other Operating Expense Chart

Forza Petroleum Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Other Operating Expense

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29.80

58.51

35.25

32.47

51.72

Forza Petroleum Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Other Operating Expense	Get a 7-Day Free Trial															11.63	14.76	21.22	9.81	5.17

Forza Petroleum Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$50.9 Mil.

Forza Petroleum Other Operating Expense Related Terms

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Forza Petroleum (TSX:FORZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forza Petroleum Ltd (TSX:FORZ) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

ORXPF:USA OYX0:Germany

Address

7th Avenue SW, 3400 First Canadian Centre 350, Calgary, AB, CAN, T2P 3N9

Website

https://www.forzapetroleum.com

Forza Petroleum Ltd is engaged in the acquisition and development of exploration and production assets to produce hydrocarbons and to increase oil and gas reserves. The company holds interests in and operates the Hawler license area in the Kurdistan Region of Iraq.

Executives

Yann Hervé Didier Marie Chiffoleau

Senior Officer