Growth Metrics

Reserve Petroleum (RSRV) Cost of Revenue (2016 - 2023)

Reserve Petroleum has reported Cost of Revenue over the past 14 years, most recently at $1.1 million for Q1 2023.

  • For Q1 2023, Cost of Revenue rose 35.8% year-over-year to $1.1 million; the TTM value through Mar 2023 reached $3.9 million, up 31.78%, while the annual FY2022 figure was $3.6 million, 33.73% up from the prior year.
  • Cost of Revenue for Q1 2023 was $1.1 million at Reserve Petroleum, down from $1.2 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $1.2 million in Q4 2022 and troughed at $387729.0 in Q2 2020.
  • A 5-year average of $684180.8 and a median of $600928.0 in 2019 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: plummeted 37.98% in 2020 and later surged 85.22% in 2021.
  • Year by year, Cost of Revenue stood at $600928.0 in 2019, then fell by 15.53% to $507620.0 in 2020, then surged by 78.67% to $906966.0 in 2021, then rose by 28.12% to $1.2 million in 2022, then dropped by 9.06% to $1.1 million in 2023.
  • Business Quant data shows Cost of Revenue for RSRV at $1.1 million in Q1 2023, $1.2 million in Q4 2022, and $873848.0 in Q3 2022.