Prairie Provident Resources (TSX:PPR) Construction In Progress : C$251.65 Mil (As of Mar. 2024)

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What is Prairie Provident Resources Construction In Progress?

Prairie Provident Resources's quarterly construction in progress declined from Sep. 2023 (C$655.11 Mil) to Dec. 2023 (C$602.37 Mil) and declined from Dec. 2023 (C$602.37 Mil) to Mar. 2024 (C$251.65 Mil).

Prairie Provident Resources's annual construction in progress declined from Dec. 2021 (C$675.12 Mil) to Dec. 2022 (C$666.72 Mil) and declined from Dec. 2022 (C$666.72 Mil) to Dec. 2023 (C$602.37 Mil).

Prairie Provident Resources Construction In Progress Historical Data

The historical data trend for Prairie Provident Resources'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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Prairie Provident Resources Construction In Progress Chart

Prairie Provident Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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675.93

677.69

675.12

666.72

602.37

Prairie Provident Resources 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															666.68	659.07	655.11	602.37	251.65

Prairie Provident Resources 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.

Prairie Provident Resources (TSX:PPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prairie Provident Resources Inc (TSX:PPR) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PRPRF:USA 09N:Germany 09N:Germany

Address

1100, 640 - 5th Avenue SW, Calgary, AB, CAN, T2P 3G4

Website

https://www.ppr.ca

Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company generating revenue from Oil and natural gas. The company's operations are primarily focused on the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, Lithic Glauconite and Banff formations, along with an established and proven waterflood project at its Evi property located in the Peace River Arch area of Northern Alberta.

Executives

David Stobbe

Senior Officer

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