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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 Chevron's Reserve Replacement Ratio % or its related term are showing as below:
XSWX:CVX's Reserve Replacement Ratio % is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Reserve Replacement Ratio % only.
Chevron (XSWX:CVX) 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.
Chevron Reserve Replacement Ratio % Related Terms
Chevron Reserve Replacement Ratio % Historical Data
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The historical data trend for Chevron'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.
What does a Reserve Replacement Ratio % of 0.00% mean?
Chevron (XSWX:CVX) has a Reserve Replacement Ratio % of 0.00% as of . 20. Reserve replacement ratio is the amount of oil added to a company's reserves divided by the amount extracted for production. View historical data on Chevron and its competitors.
Is Chevron's Reserve Replacement Ratio % too high?
Chevron's current Reserve Replacement Ratio % is 0.00%. Overall, Chevron has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Chevron's Reserve Replacement Ratio % compare to XOM and NFG?
Chevron's Reserve Replacement Ratio % of 0.00% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Reserve Replacement Ratio % for an Oil & Gas company?
A good Reserve Replacement Ratio % depends on the Oil & Gas industry context. However, Reserve Replacement Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Reserve Replacement Ratio % mean?
A high Reserve Replacement Ratio % can signal that a stock is expensive relative to its fundamentals. Reserve replacement ratio is the amount of oil added to a company's reserves divided by the amount extracted for production. View historical data on Chevron and its competitors. Chevron's current Reserve Replacement Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chevron stock overvalued right now?
Chevron (XSWX:CVX) has a current Reserve Replacement Ratio % of 0.00%. The stock's GF Value™ is CHF128.70, compared to a current price of CHF162.66 — trading 26.4% above its estimated fair value. The current Reserve Replacement Ratio % is 0.00%. Chevron's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Reserve Replacement Ratio % calculated?
Reserve Replacement Ratio % is calculated from a company's financial statements. For Chevron (XSWX:CVX), the current Reserve Replacement Ratio % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Chevron (XSWX:CVX) Overvalued in 2026?
Based on GuruFocus' analysis, Chevron stock appears to be overvalued.
The current stock price of CHF162.66 is trading 26.4% above its estimated GF Value™ of CHF128.70.
Key valuation signals for XSWX:CVX:
Reserve Replacement Ratio %: 0.00%
GF Value™: CHF128.70 vs. price of CHF162.66 (26.4% above fair value)
No single metric tells the full story. See the XSWX:CVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with 2025 worldwide net oil-equivalent production of 3.7 million barrels per day, including 8.5 billion cubic feet per day of natural gas and 2.3 million barrels of liquids per day. Production takes place in North America, South America, Europe, Africa, Asia, and Australia. The company's refining networks arelocated in the United States and Asia, with a total worldwide refining capacity of 1.8 million barrels of oil a day at year-end 2025. Net proved reserves at year-end 2025 stood at 10.6 billion barrels of oil equivalent, consisting of 5.7 billion barrels of liquids and 29.2 trillion cubic feet of natural gas.
65GF Score
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