Reserve Petroleum (RSRV) Cost of Revenue (2010 - 2023)

Reserve Petroleum's Cost of Revenue history runs 14 years deep, the most recent figure standing at $1.1 million for Q1 2023.

• On a quarterly basis, Cost of Revenue rose 35.8% year-over-year to $1.1 million in Q1 2023; TTM through Mar 2023 was $3.9 million, a 31.78% increase from a year earlier, with the FY2022 full-year figure at $3.6 million, up 33.73% from the prior year.
• Cost of Revenue retreated to $1.1 million in Q1 2023 per RSRV's latest filing, from $1.2 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.2 million in Q4 2022 and bottomed at $387729.0 in Q2 2020.
• The 5-year median for Cost of Revenue is $600928.0 (2019), against an average of $684180.8.
• Across the five-year window, Cost of Revenue plunged 37.98% in 2020 and jumped 85.22% in 2021, its largest moves.
• Year by year, Cost of Revenue stood at $600928.0 in 2019, then retreated by 15.53% to $507620.0 in 2020, then soared by 78.67% to $906966.0 in 2021, then gained by 28.12% to $1.2 million in 2022, then decreased by 9.06% to $1.1 million in 2023.
• Per Business Quant, the three latest RSRV Cost of Revenue figures stand at $1.1 million (Q1 2023), $1.2 million (Q4 2022), and $873848.0 (Q3 2022).