Reserve Petroleum (RSRV) Gross Profit (2010 - 2023)
Reserve Petroleum's (RSRV) quarterly Gross Profit came in at $1.9 million in Q1 2023, down 36.72% year-on-year from $3.0 million in Q1 2022, and down 41.87% quarter-over-quarter from $3.2 million in Q4 2022.
Reserve Petroleum (RSRV) Gross Profit (2010 - 2023) Analysis & Trends
Reserve Petroleum's Gross Profit history runs 14 years deep, the most recent figure standing at $1.9 million for Q1 2023.
- On a quarterly basis, Gross Profit fell 36.72% year-over-year to $1.9 million in Q1 2023; TTM through Mar 2023 was $11.1 million, a 35.21% increase from a year earlier, with the FY2022 full-year figure at $12.5 million, up 95.96% from the prior year.
- Gross Profit retreated to $1.9 million in Q1 2023 per RSRV's latest filing, from $3.2 million in the prior quarter.
- Across five years, Gross Profit topped out at $3.6 million in Q2 2022 and bottomed at $212902.0 in Q2 2020.
- The 5-year median for Gross Profit is $1.2 million (2019), against an average of $1.6 million.
- Across the five-year window, Gross Profit slumped 82.55% in 2020 and soared 369.43% in 2021, its largest moves.
- Year by year, Gross Profit stood at $1.2 million in 2019, then plunged by 57.66% to $498427.0 in 2020, then jumped by 268.91% to $1.8 million in 2021, then surged by 75.76% to $3.2 million in 2022, then plunged by 41.87% to $1.9 million in 2023.
- Per Business Quant, the three latest RSRV Gross Profit figures stand at $1.9 million (Q1 2023), $3.2 million (Q4 2022), and $2.4 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Reserve Petroleum | 33.35 Mn | 26.62 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 1.88 Mn |
| Mar 31, 2023 | 1.88 Mn |
| Dec 31, 2022 | 3.23 Mn |
| Dec 31, 2022 | 3.23 Mn |
| Sep 30, 2022 | 2.45 Mn |
| Sep 30, 2022 | 2.45 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Mar 31, 2022 | 2.97 Mn |
| Mar 31, 2022 | 2.97 Mn |
| Dec 31, 2021 | 1.84 Mn |
| Dec 31, 2021 | 1.84 Mn |
| Sep 30, 2021 | 2.44 Mn |
| Sep 30, 2021 | 2.44 Mn |
| Jun 30, 2021 | 999,430.00 |
| Jun 30, 2021 | 999,430.00 |
| Mar 31, 2021 | 1.07 Mn |
| Mar 31, 2021 | 1.07 Mn |
| Dec 31, 2020 | 498,427.00 |
| Dec 31, 2020 | 498,427.00 |