Reserve Petroleum (RSRV) Cost of Revenue (2010 - 2023)
Reserve Petroleum (RSRV) posted quarterly Cost of Revenue of $1.1 million for Q1 2023, up 35.8% year-over-year from $778175.0 in Q1 2022, and down 9.06% quarter-over-quarter from $1.2 million in Q4 2022.
Reserve Petroleum (RSRV) Cost of Revenue (2010 - 2023) Analysis & Trends
Reserve Petroleum's Cost of Revenue history runs 14 years deep, the most recent figure standing at $1.1 million for Q1 2023.
- In Q1 2023, Cost of Revenue rose 35.8% year-over-year to $1.1 million; the TTM figure through Mar 2023 stood at $3.9 million (up 31.78% YoY), while the FY2022 annual figure was $3.6 million, up 33.73% from the prior year.
- Cost of Revenue for Q1 2023 stood at $1.1 million, down from $1.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $1.2 million in Q4 2022, with the low at $387729.0 in Q2 2020.
- The 5-year median for Cost of Revenue is $600928.0 (2019), against an average of $684180.8.
- The sharpest annual moves came in 2020 and 2021: Cost of Revenue tumbled 37.98% in 2020, then jumped 85.22% in 2021.
- Reserve Petroleum's 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 retreated by 9.06% to $1.1 million in 2023.
- Business Quant data shows RSRV's Cost of Revenue at $1.1 million in Q1 2023, $1.2 million in Q4 2022, and $873848.0 in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 1.39 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 566.00 Mn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Reserve Petroleum | 32.14 Mn | 24.81 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 1.06 Mn |
| Mar 31, 2023 | 1.06 Mn |
| Dec 31, 2022 | 1.16 Mn |
| Dec 31, 2022 | 1.16 Mn |
| Sep 30, 2022 | 873,848.00 |
| Sep 30, 2022 | 873,848.00 |
| Jun 30, 2022 | 825,870.00 |
| Jun 30, 2022 | 825,870.00 |
| Mar 31, 2022 | 778,175.00 |
| Mar 31, 2022 | 778,175.00 |
| Dec 31, 2021 | 906,966.00 |
| Dec 31, 2021 | 906,966.00 |
| Sep 30, 2021 | 800,888.00 |
| Sep 30, 2021 | 800,888.00 |
| Jun 30, 2021 | 487,414.00 |
| Jun 30, 2021 | 487,414.00 |
| Mar 31, 2021 | 526,559.00 |
| Mar 31, 2021 | 526,559.00 |
| Dec 31, 2020 | 507,620.00 |
| Dec 31, 2020 | 507,620.00 |