Reserve Petroleum (RSRV) Gross Profit (2010 - 2023)
Reserve Petroleum (RSRV) posted quarterly Gross Profit of $1.9 million for Q1 2023, down 36.72% year-over-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.
- In Q1 2023, Gross Profit fell 36.72% year-over-year to $1.9 million; the TTM figure through Mar 2023 stood at $11.1 million (up 35.21% YoY), while the FY2022 annual figure was $12.5 million, up 95.96% from the prior year.
- Gross Profit for Q1 2023 stood at $1.9 million, down from $3.2 million in the prior quarter.
- The five-year high for Gross Profit was $3.6 million in Q2 2022, with the low 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.
- The sharpest annual moves came in 2020 and 2021: Gross Profit sank 82.55% in 2020, then soared 369.43% in 2021.
- Reserve Petroleum's Gross Profit stood at $1.2 million in 2019, then sank by 57.66% to $498427.0 in 2020, then soared by 268.91% to $1.8 million in 2021, then jumped by 75.76% to $3.2 million in 2022, then sank by 41.87% to $1.9 million in 2023.
- Business Quant data shows RSRV's Gross Profit at $1.9 million in Q1 2023, $3.2 million in Q4 2022, and $2.4 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn |
| 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 | 1.88 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 |