APA (FRA:2S3) Reserve Replacement Ratio % : 0.00% (As of . 20)

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What is APA 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 APA's Reserve Replacement Ratio % or its related term are showing as below:

FRA:2S3's Reserve Replacement Ratio % is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Reserve Replacement Ratio % only.

APA Reserve Replacement Ratio % Historical Data

The historical data trend for APA'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.

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APA Reserve Replacement Ratio % Chart

APA (FRA:2S3) 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.

APA Reserve Replacement Ratio % Related Terms

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APA (FRA:2S3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » APA Corp (FRA:2S3) » Definitions » Reserve Replacement Ratio %

Comparable Companies

Traded in Other Exchanges

APA:USA AP A:Mexico APA:Germany A1PA34:Brazil

Address

2000 Post Oak Boulevard, Suite 100, One Post Oak Central, Houston, TX, USA, 77056-4400

Website

https://www.apacorp.com

Based in Houston, APA is an independent exploration and production company. It operates primarily in the U.S., Egypt, the North Sea, and Suriname. At year-end 2022, proved reserves totaled 890 million barrels of oil equivalent, with net reported production of 400 thousand boe/day that year (64% of which was oil and natural gas liquids, with the remainder natural gas).

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