Newfield Exploration Co (Newfield Exploration Co) Reserve Replacement Ratio % : 0.00% (As of Sep. 2018)

View and export this data going back to 1993. Start your Free Trial

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

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

Newfield Exploration Co Reserve Replacement Ratio % Historical Data

The historical data trend for Newfield Exploration Co'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.

Newfield Exploration Co Reserve Replacement Ratio % Chart

Newfield Exploration Co Annual Data

Trend

Dec16

Dec17

Reserve Replacement Ratio %

Get a 7-Day Free Trial

Newfield Exploration CoQuarterly Data

Trend

Jun16

Sep16

Dec16

Mar17

Jun17

Sep17

Dec17

Mar18

Jun18

Sep18

Reserve Replacement Ratio %

Get a 7-Day Free Trial

Newfield Exploration Co (NYSE:NFX) 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.

Newfield Exploration Co Reserve Replacement Ratio % Related Terms

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

Newfield Exploration Co (Newfield Exploration Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Newfield Exploration Co (NYSE:NFX) » Definitions » Reserve Replacement Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.newfield.com

Newfield Exploration Company is an independent exploration and production company that participates in exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company operates with a portfolio of onshore liquids-rich resource plays. Newfield Exploration has extensive drilling inventories in the United States' drilling areas. The majority of Newfield's operations are located in the Anadarko and Arkoma basins of Oklahoma, Willingston basin of North Dakota and Uinta basin of Utah. It also has oil producing assets offshore China. The majority of Newfield's oil, natural gas, and natural gas liquids are sold to a variety of purchasers under short-term contracts.

Executives

Roger B Plank	director
James Kent Wells	director	1700 LINCOLN STREET, SUITE 2800, DENVER CO 80203-4535
Steven W Nance	director	130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Giesinger Edgar R. Jr.	director	1915 SANDGATE FALLS, HOUSTON TX 77062
J Terry Strange	director	700 LOUISIANA STREET, SUITE 3000, HOUSTON TX 77002
Thomas G Ricks	director	H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Timothy D. Yang	officer: General Counsel and Secretary	1415 LOUISIANA STREET, SUITE 1600, HOUSTON TX 77002
Valerie A Mitchell	officer: VP-Mid-Continent	4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Kemp John Randolph Iii	director	3106 NOBLE LAKES LANE, HOUSTON TX 77082-6809
Clay M Gaspar	officer: VP-Mid-Continent	333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Terry W Rathert	officer: EVP and Senior Advisor	4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Richard K Stoneburner	director
Howard H Newman	director	C/O PINE BROOK ROAD PARTNERS, LLC, 60 EAST 42ND STREET, SUITE 3014, NEW YORK NY 10165
Joseph H Netherland	director	35 ELECTRA CIRCLE, THE WOODLANDS TX 77382
J M Lacey	director	1726 FORREST PARKWAY, DENVER CO 80220