FieldPoint Petroleum (FieldPoint Petroleum) Reserve Replacement Ratio % : 0.00% (As of Mar. 2019)

View and export this data going back to 1998. Start your Free Trial

What is FieldPoint Petroleum Reserve Replacement Ratio %?

Reserve Replacement Ratio % (RRR) is a metric used by investors to judge an oil company's operating performance. It is the amount of oil added to a company's reserves divided by the amount extracted for production.

The historical rank and industry rank for FieldPoint Petroleum's Reserve Replacement Ratio % or its related term are showing as below:

FPPP's Reserve Replacement Ratio % is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Reserve Replacement Ratio % only.

FieldPoint Petroleum Reserve Replacement Ratio % Historical Data

The historical data trend for FieldPoint Petroleum's Reserve Replacement Ratio % 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.

FieldPoint Petroleum Reserve Replacement Ratio % Chart

FieldPoint Petroleum Annual Data

Trend

Dec16

Dec17

Dec18

Reserve Replacement Ratio %

Get a 7-Day Free Trial

FieldPoint PetroleumQuarterly Data

Trend

Jun16

Sep16

Mar17

Jun17

Sep17

Mar18

Jun18

Sep18

Mar19

Reserve Replacement Ratio %

Get a 7-Day Free Trial

FieldPoint Petroleum (OTCPK:FPPP) Reserve Replacement Ratio % Explanation

Reserve Replacement Ratio % is a metric used by investors to judge an oil company's operating performance. It measures the amount of proved reserves added to a company's reserve base during the year, relative to the amount of oil and gas that the company has produced.

According to conventional market wisdom, when demand is stable, a company's reserve-replacement ratio must be at least 100% for the company to sustain current production levels. Any figure greater than 100% likely indicates that the company has room for growth. Conversely, any number less than 100% telegraphs a cause for concern that the company may soon run out of oil.

This ratio can sometimes be affected by new technologies, changes to supply and demand dynamics and fluctuating oil prices. A high reserve-replacement ratio achieved through organic replacement is considered better than a high reserve-replacement ratio achieved through purchasing proved reserves.

FieldPoint Petroleum Reserve Replacement Ratio % Related Terms

Thank you for viewing the detailed overview of FieldPoint Petroleum's Reserve Replacement Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

FieldPoint Petroleum (FieldPoint Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FieldPoint Petroleum Corp (OTCPK:FPPP) » Definitions » Reserve Replacement Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746

Website

http://www.fppcorp.com

FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.

Executives

Daniel R Robinson

director

190 COYOTE COURT, ARGYLE TX 76226