Camber Energy (STU:58L) Reserve Replacement Ratio % : 0.00% (As of . 20)

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

STU:58L's Reserve Replacement Ratio % is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Reserve Replacement Ratio % only.

Camber Energy Reserve Replacement Ratio % Historical Data

The historical data trend for Camber Energy'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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Camber Energy Reserve Replacement Ratio % Chart

Camber Energy (STU:58L) 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.

Camber Energy Reserve Replacement Ratio % Related Terms

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Camber Energy (STU:58L) Business Description

Industry

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CEI:USA

Address

15915 Katy Freeway, Suite 450, Houston, TX, USA, 77094

Website

https://www.camber.energy

Camber Energy Inc Formerly Viking Energy Group Inc is an independent exploration and production company. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. Its properties are located in Miami and Franklin Counties in eastern Kansas, Missouri, Texas, Louisiana, Mississippi, and Alberta. The company generates revenue from oil and gas sales.

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