Olympic Steel (FRA:OYS) Reserves - Proven (K) : 0.00 (As of . 20)

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What is Olympic Steel Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

The historical rank and industry rank for Olympic Steel's Reserves - Proven (K) or its related term are showing as below:

FRA:OYS's Reserves - Proven (K) is not ranked ^*
in the Steel industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

Olympic Steel Reserves - Proven (K) Historical Data

The historical data trend for Olympic Steel's Reserves - Proven (K) 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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Olympic Steel Reserves - Proven (K) Chart

Olympic Steel (FRA:OYS) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.

Olympic Steel Reserves - Proven (K) Related Terms

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Olympic Steel (FRA:OYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Olympic Steel Inc (FRA:OYS) » Definitions » Reserves - Proven (K)

Comparable Companies

Traded in Other Exchanges

ZEUS:USA OYS:Germany

Address

22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122

Website

https://www.olysteel.com

Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.

Olympic Steel (FRA:OYS) Headlines

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