(redirected from Capital Expenditure Budget) Also found in: Financial.
The monies that an enterprise allocates for the purchase of fixed and durable goods. In a hospital, the capital budget is used to purchase beds, buildings, equipment, and other items that are not part of its operating costs.
Our Board's approval of an expanded capital expenditure budget of $275 million for 2007, will allow us to continue with the aggressive development of our Cotton Valley trend acreage and maintain a rig count in the trend of a minimum nine active rigs.
SAN ANTONIO -- Abraxas Petroleum Corporation (NASDAQ: AXAS) today announced its 2012 capital expenditure budget of $70 million, targeting oil and liquids-rich projects across all of its operating areas.
SAN ANTONIO -- Abraxas Petroleum Corporation (NASDAQ:AXAS) today announced its 2009 capital expenditure budget of $20 million, on a stand-alone basis, which excludes the capital expenditures of Abraxas Energy Partners, L.