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Valero Energy (FRA:V1L) Reserve Replacement Ratio % : 0.00% (As of . 20)


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

FRA:V1L's Reserve Replacement Ratio % is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Reserve Replacement Ratio % only.

Valero Energy Reserve Replacement Ratio % Historical Data

The historical data trend for Valero 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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Valero Energy Reserve Replacement Ratio % Chart



Valero Energy  (FRA:V1L) 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.


Valero Energy Reserve Replacement Ratio % Related Terms

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Valero Energy (FRA:V1L) Business Description

Industry
Traded in Other Exchanges
Address
One Valero Way, San Antonio, TX, USA, 78249
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 1.2 billion gallons per year of renewable diesel.

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