Crescent Energy Co (Crescent Energy Co) Reserve Replacement Ratio % : 0.00% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

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

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

Crescent Energy Co Reserve Replacement Ratio % Historical Data

The historical data trend for Crescent Energy Co'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.

Crescent Energy Co Reserve Replacement Ratio % Chart

Crescent Energy Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Reserve Replacement Ratio %

Get a 7-Day Free Trial

Crescent Energy CoQuarterly Data

Trend

Mar19

Jun19

Sep19

Dec19

Mar20

Jun20

Sep20

Dec20

Mar21

Jun21

Sep21

Mar22

Jun22

Sep22

Dec22

Mar23

Jun23

Sep23

Dec23

Mar24

Reserve Replacement Ratio %

Get a 7-Day Free Trial

Competitive Comparison of Crescent Energy Co's Reserve Replacement Ratio %

For the Oil & Gas E&P subindustry, Crescent Energy Co's Reserve Replacement Ratio %, along with its competitors' market caps and Reserve Replacement Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Crescent Energy Co (NYSE:CRGY) 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.

Crescent Energy Co Reserve Replacement Ratio % Related Terms

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

Crescent Energy Co (Crescent Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Crescent Energy Co (NYSE:CRGY) » Definitions » Reserve Replacement Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Travis Street, Suite 7200, Houston, TX, USA, 77002

Website

https://www.crescentenergyco.com

Crescent Energy Co an independent energy company with a portfolio of assets in key basins across the lower 48 states. The company maintains a diverse portfolio of assets in key proven basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. It seeks to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets complemented by non?operated assets, mineral and royalty interests, and midstream infrastructure.

Executives

David C. Rockecharlie	director, officer: Chief Executive Officer	600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Brandi Kendall	director, officer: Chief Financial Officer	600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Independence Energy Aggregator L.p.	10 percent owner	600 TRAVIS STREEET, SUITE 7200, HOUSTON TX 77002
Kkr Group Partnership L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Todd Falk	officer: Chief Accounting Officer	600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Bo Shi	officer: See Remarks	600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
John Clayton Rynd	officer: Executive Vice President	600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Teacher Retirement System Of Texas	10 percent owner	1000 RED RIVER STREET, AUSTIN TX 78701
Benjamin Conner	officer: Executive Vice President	600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Co. Inc.	10 percent owner	30 HUDSON YARDS, NEW YORK NY 10001
Karen Jo Simon	director	1918 OLIVE STREET, #2904, DALLAS TX 75201
Bevin Brown	director	600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Erich Bobinsky	director	600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Assets Holdings Iii L.p.	10 percent owner	30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Assets Iii Gp Llc	10 percent owner	30 HUDSON YARDS, NEW YORK NY 10001