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.

• 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 was $1.1 million for Q1 2023 at Reserve Petroleum, down from $1.2 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.2 million in Q4 2022 to a low of $387729.0 in Q2 2020.
• Historically, Cost of Revenue has averaged $684180.8 across 5 years, with a median of $600928.0 in 2019.
• The sharpest annual moves came in 2020 and 2021: Cost of Revenue plunged 37.98% in 2020, then surged 85.22% in 2021.
• A 5-year view of Cost of Revenue shows it 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.
• The last three Cost of Revenue figures came in at $1.1 million (Q1 2023), $1.2 million (Q4 2022), and $873848.0 (Q3 2022), per Business Quant data.