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CKX Lands (CKX Lands) Reserve Replacement Ratio % : 0.00% (As of Sep. 2022)


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

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

CKX Lands Reserve Replacement Ratio % Historical Data

The historical data trend for CKX Lands'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.

CKX Lands Reserve Replacement Ratio % Chart

CKX Lands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Reserve Replacement Ratio %
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CKX LandsQuarterly Data
Trend Jun16 Sep16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
Reserve Replacement Ratio %
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Competitive Comparison of CKX Lands's Reserve Replacement Ratio %

For the Oil & Gas E&P subindustry, CKX Lands'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.


CKX Lands  (AMEX:CKX) 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.


CKX Lands Reserve Replacement Ratio % Related Terms

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CKX Lands (CKX Lands) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2417 Shell Beach Drive, Lake Charles, LA, USA, 70601
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
Executives
Max H. Hart director P.O. BOX 1700, OPELOUSAS LA 70571
William Gray Stream director 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Scott Adams Stepp officer: Chief Financial Officer 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Lane T Lamure director POST OFFICE BOX 11941, JACKSON WY 83002
Ellington Edward Moreland Ii director 1232 CYPRESS HARBOR DRIVE, LAKE CHARLES LA 70605
Lee W. Boyer director 127 W. BROAD ST., 4TH FLOOR, LAKE CHARLES LA 70601
Donald Keith Duplechin director 131 STATE STREET, LAKE CHARLES LA 70605
Ottley Properties, Llc 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Minvielle Iv Eugene T director P.O. BOX 51684, LAFAYETTE LA 70505
Lee Bert Appleberry director 315 NORTH WILCREST DRIVE, HOUSTON TX 77079
Charles D Viccellio director, officer: Vice President & Secretary 4113 BEAU CHENE DRIVE, LAKE CHARLES LA 70605
Elizabeth Brooks Hollins director 1128 BIRDNEST ROAD, LAKE CHARLES X1 70611
Michael B White 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Mary W Savoy director 1407 ALVIN STREET, LAKE CHARLES LA 70601

CKX Lands (CKX Lands) Headlines

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