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Carbon Energy (Carbon Energy) Property, Plant and Equipment : $118.8 Mil (As of Jun. 2020)


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What is Carbon Energy Property, Plant and Equipment?

Carbon Energy's quarterly net PPE declined from Dec. 2019 ($269.1 Mil) to Mar. 2020 ($266.2 Mil) and declined from Mar. 2020 ($266.2 Mil) to Jun. 2020 ($118.8 Mil).

Carbon Energy's annual net PPE increased from Dec. 2017 ($36.9 Mil) to Dec. 2018 ($271.4 Mil) but then declined from Dec. 2018 ($271.4 Mil) to Dec. 2019 ($269.1 Mil).


Carbon Energy Property, Plant and Equipment Historical Data

The historical data trend for Carbon Energy's Property, Plant and Equipment 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.

* Premium members only.

Carbon Energy Property, Plant and Equipment Chart

Carbon Energy Annual Data
Trend Mar10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.46 35.54 36.86 271.43 269.10

Carbon Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 273.56 271.37 269.10 266.21 118.85

Carbon Energy Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Carbon Energy  (OTCPK:CRBO) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Carbon Energy Property, Plant and Equipment Related Terms

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Carbon Energy (Carbon Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1170, Denver, CO, USA, 80290
Carbon Energy Corp is an independent natural gas and oil company engaged in the acquisition, exploration, development, and production of oil, natural gas and natural gas liquids properties located in the United States. The company operates in Kentucky, Ohio, Tennessee, Virginia, and West Virginia, California, Illinois, and Indiana.
Executives
Patrick R Mcdonald director, officer: CHIEF EXECUTIVE OFFICER CARBON NATURAL GAS COMPANY 1700 BROADWAY, SUITE #1170 DENVER CO 80290
Erich W. Kirsch officer: PFO and PAO 1700 BROADWAY SUITE 1170 DENVER CO 80290
Mark Duane Pierce officer: PRESIDENT 1700 BROADWAY, SUITE 1170 DENVER CO 80290
Kevin D Struzeski officer: CHIEF FINANCIAL OFFICER C/O CARBON ENERGY CORP 1700 BROADWAY STE. 1150 DENVER CO 80290
John A Bailey director 64 PERCH BAY WACCABUC NY 10597
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Peter A Leidel director
Edwin H Morgens director C/O MORGENS WATERFALL VINTIADIS & CO, 600 5TH AVE, NEW YORK NY 10020
David H Kennedy director 23 LAKESIDE AVE DARIEN CT 06820
James H Brandi director PO BOX 321, OKLAHOMA CITY OK 73101
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Yorktown Energy Partners Xi, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Xi Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Arbiter Partners Capital Management Llc 10 percent owner 530 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10036
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

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