Reserve Petroleum (RSRV) Asset Utilization Ratio (2011 - 2023)
Reserve Petroleum (RSRV) posted quarterly Asset Utilization Ratio of 0.39 for Q1 2023, up 17.93% year-over-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.
- In Q1 2023, Asset Utilization Ratio rose 17.93% year-over-year to 0.39; the TTM figure through Mar 2023 stood at 0.39 (up 17.93% YoY), while the FY2022 annual figure was 0.45, up 61.16% from the prior year.
- Asset Utilization Ratio for Q1 2023 stood at 0.39, down from 0.41 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.41 in Q4 2022, with the low at 0.13 in Q4 2020.
- The 5-year median for Asset Utilization Ratio is 0.21 (2019), against an average of 0.24.
- The sharpest annual moves came in 2020 and 2022: Asset Utilization Ratio plunged 30.64% in 2020, then soared 146.1% in 2022.
- Reserve Petroleum's Asset Utilization Ratio stood at 0.18 in 2019, then declined by 28.53% to 0.13 in 2020, then soared by 115.03% to 0.27 in 2021, then soared by 52.41% to 0.41 in 2022, then retreated by 6.65% to 0.39 in 2023.
- Business Quant data shows RSRV's Asset Utilization Ratio at 0.39 in Q1 2023, 0.41 in Q4 2022, and 0.39 in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 0.24 |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 0.39 |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 0.50 |
| 10 | Reserve Petroleum | 115.92 Mn | 108.84 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 |