Adams Resources & Energy (FRA:5QT) Net Developed Acreage # : 0.00 (As of . 20)

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What is Adams Resources & Energy Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for Adams Resources & Energy's Net Developed Acreage # or its related term are showing as below:

FRA:5QT's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

Adams Resources & Energy Net Developed Acreage # Historical Data

The historical data trend for Adams Resources & Energy's Net Developed Acreage # 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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Adams Resources & Energy Net Developed Acreage # Chart

Adams Resources & Energy (FRA:5QT) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

Adams Resources & Energy Net Developed Acreage # Related Terms

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Adams Resources & Energy (FRA:5QT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Adams Resources & Energy Inc (FRA:5QT) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

AE:USA

Address

17 South Briar Hollow Lane, Suite 100, Houston, TX, USA, 77027

Website

https://www.adamsresources.com

Adams Resources & Energy Inc is engaged in the business of crude oil marketing, tank truck transportation of liquid chemicals and dry bulk, and oil and gas exploration and production. The company operates through four business segments: Crude oil marketing segment offers crude oil marketing, transportation, and storage; Transportation segment includes tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk; Pipeline and storage segment includes pipeline transportation, terminalling, and storage of crude oil; and Logistics and repurposing segment offers interstate bulk transportation logistics of crude oil, condensate, fuels, oils and other petroleum products and recycling and repurposing of off-specification fuels, lubricants, crude oil, and other chemicals.

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