Halliburton Co (Halliburton Co) Reserve Replacement Ratio % : 0.00% (As of Sep. 2023)

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

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

Halliburton Co Reserve Replacement Ratio % Historical Data

The historical data trend for Halliburton 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.

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Halliburton Co Reserve Replacement Ratio % Chart

Halliburton Co Annual Data

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Halliburton CoQuarterly Data

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Competitive Comparison of Halliburton Co's Reserve Replacement Ratio %

For the Oil & Gas Equipment & Services subindustry, Halliburton 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.

Halliburton Co (NYSE:HAL) 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.

Halliburton Co Reserve Replacement Ratio % Related Terms

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Halliburton Co (Halliburton Co) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

HAL:Mexico 1HAL:Italy HALd:UK HAL:Germany HAL:Germany HAL:Germany HAL:Germany HAL:Chile HALI34:Brazil HAL:Austria

Address

3000 North Sam Houston Parkway East, Houston, TX, USA, 77032

Website

https://www.halliburton.com

Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.

Executives

Van H. Beckwith	officer: EVP, Secretary and CLO	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Myrtle L Jones	officer: Senior Vice Pres - Tax	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Jill D. Sharp	officer: SVP Internal Assurance Svcs.	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Jeffrey Allen Miller	officer: Exec VP & COO	3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Timothy Mckeon	officer: Vice Pres and Treasurer	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Eric Carre	officer: EVP, Global Business Lines	3000 N. SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Charles Jr. Geer	officer: VP and Corporate Controller	3000 N. SAM HOUSTON PARKWAY EAST, PLAZA 2-6211, HOUSTON TX 77032
Jeffrey Shannon Slocum	officer: President - Eastern Hemisphere	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Maurice S Smith	director	353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Janet L Weiss	director	3000 N SAM HOUSTON PKWY E, HOUSTON TX 77032
Margaret Katherine Banks	director	125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Lawrence J Pope	officer: Vice Pres, HR and Admin	3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Joe D Rainey	officer: Pres., Eastern Hemisphere	EMIRATES TOWER, 13TH FLOOR, SHEIKH ZAYED ROAD, DUBAI C0 00000
Lance Loeffler	officer: Chief Financial Officer	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Mark Richard	officer: President - Western Hemisphere	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032