GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inpex Corp (OTCPK:IPXHY) » Definitions » Reserve Replacement Ratio %

Inpex (IPXHY) Reserve Replacement Ratio % : 0.00% (As of . 20)


View and export this data going back to 2008. Start your Free Trial

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

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

Inpex Reserve Replacement Ratio % Historical Data

The historical data trend for Inpex'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.

Inpex Reserve Replacement Ratio % Chart

Inpex Annual Data
Trend Mar18 Dec19 Dec20 Dec21 Dec22
Reserve Replacement Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only


Competitive Comparison of Inpex's Reserve Replacement Ratio %

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


Inpex  (OTCPK:IPXHY) 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.


Inpex Reserve Replacement Ratio % Related Terms

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


Inpex (IPXHY) Business Description

Industry
Traded in Other Exchanges
Address
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332
Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.

Inpex (IPXHY) Headlines

From GuruFocus

Inpex Corp Could Trade Higher as Oil Prices Rise

By Alberto Abaterusso 12-28-2021