Oil Search (Oil Search) Payments to Suppliers for Goods and Services : $-382 Mil (TTM As of Jun. 2021)

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What is Oil Search Payments to Suppliers for Goods and Services?

Oil Search's Payments to Suppliers for Goods and Services for the six months ended in Jun. 2021 was $-167 Mil.

Oil Search's Payments to Suppliers for Goods and Services for the trailing twelve months (TTM) ended in Jun. 2021 was $-382 Mil.

Oil Search Payments to Suppliers for Goods and Services Historical Data

The historical data trend for Oil Search's Payments to Suppliers for Goods and Services 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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Oil Search Payments to Suppliers for Goods and Services Chart

Oil Search Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Payments to Suppliers for Goods and Services

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-397.51

-361.21

-361.00

-568.99

-453.57

Oil Search Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Payments to Suppliers for Goods and Services	Get a 7-Day Free Trial															-294.67	-274.33	-239.06	-214.51	-167.01

Oil Search Payments to Suppliers for Goods and Services Calculation

A company's cash flow from operations for a time period can be determined using either the direct or indirect method. The indirect method modifies the operating section from accrual accounting to a cash basis by taking the net income generated in a period and adding or subtracting changes in the asset and liability accounts to determine the implied cash flow. However, the direct method uses actual cash inflows and outflows from the company's operations directly. Payments to Suppliers for Goods and Services represents cash paid to suppliers when purchasing goods or services by the company in the direct cash flow method.

Payments to Suppliers for Goods and Services for the trailing twelve months (TTM) ended in Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-382 Mil.

Oil Search (Oil Search) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil Search Ltd (OTCPK:OISHF) » Definitions » Payments to Suppliers for Goods and Services

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ground Floor, Harbourside East Building, Stanley Esplanade, PO Box 842, National Capital District, Port Moresby, PNG, NCD 121

Website

http://www.oilsearch.com

Oil Search was founded in 1929 and operates all of Papua New Guinea's oilfields. The PNG government holds a 10% interest. Oil Search had successfully run PNG oilfields since assuming operatorship from ExxonMobil in 2003. However, the tyranny of distance saw the large and high-quality gas fields largely stranded until 2014. The PNG LNG project is the first step to monetise those vast gas resources, again under the direction of ExxonMobil. First-stage construction is complete, with potential for expansion from two trains to five.

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