APA (APA) Reserve Replacement Ratio % : 0.00% (As of Dec. 2023)

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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:

APA'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

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APAQuarterly Data

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Reserve Replacement Ratio %

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Competitive Comparison of APA's Reserve Replacement Ratio %

For the Oil & Gas E&P subindustry, APA'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.

APA (NAS:APA) 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 (APA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

AP A:Mexico APA:Germany 2S3: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).

Executives

Tracey K Henderson	officer: Executive VP Exploration	C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
Mark D Maddox	officer: Executive VP - Administration	C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
P Anthony Lannie	officer: Exec. Vice Pres & Gen Counsel	C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Chansoo Joung	director	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
David L Stover	director	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Charles W Hooper	director	C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
D. Clay Bretches	officer: Exec. VP, Operations	C/O APACHE CORPORATION, 2000 POST OAK BLVD, STE 100, HOUSTON TX 77056
Rebecca A Hoyt	officer: Sr. VP, Chief Acct Officer	C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056-4400
Annell R Bay	director	C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Lamar Mckay	director	2000 POST OAK BLVD STE 100, HOUSTON TX 77056
John E Lowe	director	600 N DAIRY ASHFORD, HOUSTON TX 77079
Amy H Nelson	director	2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Rene R Joyce	director	P.O. BOX 130430, HOUSTON TX 77219-0430
Daniel Wayne Rabun	director	6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Peter A Ragauss	director	2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019