Reserve Petroleum (RSRV) Gross Margin (2009 - 2026)
Reserve Petroleum (RSRV) recorded Gross Margin of 65.91% in Q1 2023, down 13.32 percentage points from 79.23% a year earlier and down 7.65 percentage points from the prior quarter.
Reserve Petroleum (RSRV) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Reserve Petroleum's Gross Margin came in at 74.76% as of Mar 31, 2023, up 1.07 percentage points year-over-year; for FY2022, it was 77.49%, up 7.35 percentage points from FY2021.
- Annual Gross Margin has a five-year change of +12.20 percentage points (FY2017 to FY2022).
- Across earlier years, Gross Margin came in at 70.14% in FY2021 (+16.16 pp), 53.99% in FY2020 (-10.80 pp), 64.78% in FY2019 (-6.50 pp) and 71.28% in FY2018 (+5.99 pp).
- The Q1 2023 figure is the lowest quarterly Gross Margin since Q4 2020.
- On a year-over-year basis, Gross Margin rose in seven of the last eight quarters, with an average year-over-year change of +10.08 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 33.53 percentage points in Q2 2021, against a drop of 32.12 percentage points in Q2 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 73.55% (Q4 2022), 75.85% (Q3 2022) and 81.28% (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 41.92% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 46.11% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 47.31% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 62.99% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 13.53% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 83.69% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.76% |
| 10 | Reserve Petroleum | 117.56 Mn | 89.24 Mn | 4.09 Mn | 76.49% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.49% |
| Mar 31, 2026 | 77.78% |
| Dec 31, 2025 | 70.71% |
| Sep 30, 2025 | 72.92% |
| Jun 30, 2025 | 69.92% |
| Mar 31, 2025 | 72.78% |
| Dec 31, 2024 | 66.07% |
| Sep 30, 2024 | 73.12% |
| Jun 30, 2024 | 71.96% |
| Mar 31, 2024 | 67.92% |
| Dec 31, 2023 | 68.14% |
| Sep 30, 2023 | 63.63% |
| Jun 30, 2023 | 62.71% |
| Mar 31, 2023 | 65.91% |
| Dec 31, 2022 | 73.55% |
| Sep 30, 2022 | 75.85% |
| Jun 30, 2022 | 81.28% |
| Mar 31, 2022 | 79.23% |
| Dec 31, 2021 | 66.97% |
| Sep 30, 2021 | 75.26% |
Reserve Petroleum Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RSRV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RSRV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RSRV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();