BHP Group (BHP Group) Reserves - Proven (K) : 0.00 (As of . 20)

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What is BHP Group Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

BHP Group's Reserves - Proven (K) for the annual that ended in Jun. 2021 was 7,940,700.00 , which higher from pervious year (Jun. 2020)'s result by 3.45%.

The historical rank and industry rank for BHP Group's Reserves - Proven (K) or its related term are showing as below:

BBL's Reserves - Proven (K) is not ranked ^*
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

BHP Group Reserves - Proven (K) Historical Data

The historical data trend for BHP Group's Reserves - Proven (K) 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.

BHP Group Reserves - Proven (K) Chart

BHP Group Annual Data

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Jun20

Jun21

Reserves - Proven (K)

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Competitive Comparison of BHP Group's Reserves - Proven (K)

For the Other Industrial Metals & Mining subindustry, BHP Group's Reserves - Proven (K), along with its competitors' market caps and Reserves - Proven (K) 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.

BHP Group (NYSE:BBL) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.

BHP Group Reserves - Proven (K) Related Terms

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BHP Group (BHP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group PLC (NYSE:BBL) » Definitions » Reserves - Proven (K)

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Address

160 Victoria Street, Nova South, London, GBR, SW1E 5LB

Website

https://www.bhp.com

BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical. The merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole and in 2022 voted to reunify the dual listed structure. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper and conventional petroleum assets, principally in Australia and the Gulf of Mexico. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets are likely to be spun off and merged with Woodside.