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

View and export this data going back to 1996. Start your Free Trial

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

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

HyperDynamics Reserve Replacement Ratio % Historical Data

The historical data trend for HyperDynamics'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.

HyperDynamics Reserve Replacement Ratio % Chart

HyperDynamics Annual Data

Trend

Jun16

Jun17

Reserve Replacement Ratio %

Get a 7-Day Free Trial

HyperDynamics (OTCPK:HDYNQ) 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.

HyperDynamics Reserve Replacement Ratio % Related Terms

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

HyperDynamics (HyperDynamics) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

12012 Wickchester Lane, Suite 475, Houston, TX, USA, 77079

Website

http://www.hyperdynamics.com

HyperDynamics Corp, together with its subsidiaries, operates as an independent oil and gas exploration company. It is engaged in the acquisition, exploration, and development of oil and natural gas properties with large prospects in the offshore Republic of Guinea to northwest Africa. The company conducts its operational activities through Guinea project. Its exploration efforts are conducted through a Hydrocarbon production sharing contract.

Executives

Fred S Zeidman	director	109 NORTH POST OAK LANE, SUITE 422, HOUSTON TX 77024
David W Wesson	officer: Vice President and CFO	12012 WICKCHESTER LANE, SUITE 475, HOUSTON, TX 77079
David Owen	director
Robert A Solberg	director	ONE SUGAR CREEK CENTER BOULEVARD, SUITE 125, SUGAR LAND TX 77478
Paul C Reinbolt	officer: Executive VP and CFO	12012 WICKCHESTER LANE,, SUITE 475, HOUSTON TX 77079
Steven M Plumb	other: Exiting Filer	5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317

HyperDynamics (HyperDynamics) Headlines

From GuruFocus

Hyperdynamics Corp. (HDY) CEO Ray Leonard buys 25,000 Shares

By GuruFocus Research GuruFocus Editor • 08-24-2010

Hyperdynamics Corp. (HDY) CEO Ray Leonard buys 24,000 Shares

By GuruFocus Research GuruFocus Editor • 06-02-2010

Hyperdynamics Corp. (HDY) CEO Ray Leonard buys 50,000 Shares

By GuruFocus Research GuruFocus Editor • 12-22-2009