RCOP meaning in oil and gas
Definition
Replacement Cost Operating Profit
RCOP means Replacement Cost Operating Profit. a major oil and gas company's primary measure of profitability. Profit before interest and tax on a replacement cost basis (as opposed to historic cost) i.e. removing the…
a major oil and gas company's primary measure of profitability. Profit before interest and tax on a replacement cost basis (as opposed to historic cost) i.e. removing the effect of stockholding gains and losses (COSA) from profit.
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