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
DateValue
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