Enerplus (TSX:ERF) Accumulated Depreciation : C$-8,703 Mil (As of Mar. 2024)

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What is Enerplus Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Enerplus's quarterly accumulated depreciation increased from Sep. 2023 (C$-8,435 Mil) to Dec. 2023 (C$-8,505 Mil) and increased from Dec. 2023 (C$-8,505 Mil) to Mar. 2024 (C$-8,703 Mil).

Enerplus's annual accumulated depreciation declined from Dec. 2021 (C$-15,247 Mil) to Dec. 2022 (C$-8,125 Mil) but then increased from Dec. 2022 (C$-8,125 Mil) to Dec. 2023 (C$-8,505 Mil).

Enerplus Accumulated Depreciation Historical Data

The historical data trend for Enerplus's Accumulated Depreciation 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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Enerplus Accumulated Depreciation Chart

Enerplus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-13,757.43

-14,856.94

-15,247.30

-8,124.76

-8,504.65

Enerplus Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-8,292.63	-8,160.85	-8,434.86	-8,504.65	-8,703.44

Enerplus Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Enerplus Accumulated Depreciation Related Terms

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Enerplus (TSX:ERF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerplus Corp (TSX:ERF) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

ERF:USA E17:Germany

Address

3000, 333 - 7th Avenue S.W., The Dome Tower, Calgary, AB, CAN, T2P 2Z1

Website

https://www.enerplus.com

Enerplus Corp produces and develops crude oil and natural gas assets in Canada and the United States. The majority of oil production is derived from the Williston and Waterfloods basins, with the Marcellus providing a significant portion of natural gas production. Enerplus acquires the right to use assets through royalties paid to government entities, land owners and mineral rights owners. Crude oil and natural gas are sold to customers in both countries where assets are held and can be sold either at the well or a fixed destination.

Executives