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GeoPark (GeoPark) Reserve Replacement Ratio % : 0.00% (As of Jun. 2019)


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

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

GeoPark Reserve Replacement Ratio % Historical Data

The historical data trend for GeoPark'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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GeoPark Reserve Replacement Ratio % Chart

GeoPark Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Reserve Replacement Ratio %
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GeoParkQuarterly Data
Trend Mar18 Jun18 Sep18 Mar19 Jun19
Reserve Replacement Ratio %
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Competitive Comparison of GeoPark's Reserve Replacement Ratio %

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


GeoPark  (NYSE:GPRK) 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.


GeoPark Reserve Replacement Ratio % Related Terms

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GeoPark (GeoPark) Business Description

Industry
Traded in Other Exchanges
Address
Calle 94 No 11 - 30, floors 8, 9, 10, Bogota, COL
GeoPark Ltd is a Latin American oil and gas exploration and production company with assets in Colombia, Ecuador, Chile, Brazil and Argentina. The company generates revenue from the sale of crude oil, condensate and natural gas net of value-added tax and discounts related to the sale and overriding royalties due to the ex-owners of oil and gas properties where the royalty arrangements represent a retained working interest in the property.
Executives
Manchester Financial Group, Lp 10 percent owner ONE MARKET PLACE, 33RD FLOOR, SAN DIEGO CA 92101
Manchester Financial Group, Inc. 10 percent owner 101 ASH STREET, SUITE 1900, SAN DIEGO CA 92101

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