Reserve Petroleum (RSRV) Asset Utilization Ratio (2011 - 2023)
Reserve Petroleum's (RSRV) quarterly Asset Utilization Ratio came in at 0.39 in Q1 2023, up 17.93% year-on-year from 0.33 in Q1 2022, and down 6.65% quarter-over-quarter from 0.41 in Q4 2022.
Reserve Petroleum (RSRV) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
Reserve Petroleum's Asset Utilization Ratio history runs 13 years deep, the most recent figure standing at 0.39 for Q1 2023.
- On a quarterly basis, Asset Utilization Ratio rose 17.93% year-over-year to 0.39 in Q1 2023; TTM through Mar 2023 was 0.39, a 17.93% increase from a year earlier, with the FY2022 full-year figure at 0.45, up 61.16% from the prior year.
- Asset Utilization Ratio eased to 0.39 in Q1 2023 per RSRV's latest filing, from 0.41 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.41 in Q4 2022 and bottomed at 0.13 in Q4 2020.
- The 5-year median for Asset Utilization Ratio is 0.21 (2019), against an average of 0.24.
- Across the five-year window, Asset Utilization Ratio sank 30.64% in 2020 and soared 146.1% in 2022, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.18 in 2019, then fell by 28.53% to 0.13 in 2020, then jumped by 115.03% to 0.27 in 2021, then jumped by 52.41% to 0.41 in 2022, then decreased by 6.65% to 0.39 in 2023.
- Per Business Quant, the three latest RSRV Asset Utilization Ratio figures stand at 0.39 (Q1 2023), 0.41 (Q4 2022), and 0.39 (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 0.47 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.45 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 0.22 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.24 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 0.23 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 0.50 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.53 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 0.50 |
| 10 | Reserve Petroleum | 33.35 Mn | 26.62 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | 0.16 |
| Mar 31, 2021 | 0.14 |
| Dec 31, 2020 | 0.13 |
| Sep 30, 2020 | 0.15 |
| Jun 30, 2020 | 0.14 |
| Mar 31, 2020 | 0.18 |
| Dec 31, 2019 | 0.18 |
| Sep 30, 2019 | 0.19 |
| Jun 30, 2019 | 0.21 |
| Mar 31, 2019 | 0.23 |
| Dec 31, 2018 | 0.23 |
| Sep 30, 2018 | 0.21 |
| Jun 30, 2018 | 0.19 |