Reserve Petroleum (RSRV) Gross Profit (2017 - 2023)
Reserve Petroleum (RSRV) reported Gross Profit of $2.04 million for Q1 2023, down 31.2% from $2.97 million a year earlier and down 36.8% from the prior quarter.
Reserve Petroleum (RSRV) Gross Profit (2017 - 2023) Analysis & Trends
Over the twelve months ended Mar 31, 2023, Reserve Petroleum's Gross Profit came in at $11.61 million, up 39.4% year-over-year; for FY2022, it was $12.53 million, up 96.0% from FY2021.
- Gross Profit has a five-year compound annual growth rate of 24.9% (FY2017 to FY2022).
- By year, Gross Profit came in at $6.39 million in FY2021 (+190.2%), $2.2 million in FY2020 (-48.7%), $4.29 million in FY2019 (-27.7%) and $5.94 million in FY2018 (+44.1%).
- The Q1 2023 figure ranks as the lowest quarterly Gross Profit since Q4 2021.
- Year over year, Gross Profit gained in seven of the last eight quarters, with growth averaging 170.1%.
- The high point for year-over-year Gross Profit in five years was Q2 2021 (growth of 409.1%); the low point was Q2 2020 (a decline of 83.7%).
- Per Business Quant data, the three quarters before Q1 2023 came in at $3.23 million (Q4 2022), $2.74 million (Q3 2022) and $3.59 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Reserve Petroleum | 127.43 Mn | 99.11 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 2.04 Mn |
| Dec 31, 2022 | 3.23 Mn |
| Sep 30, 2022 | 2.74 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Mar 31, 2022 | 2.97 Mn |
| Dec 31, 2021 | 1.84 Mn |
| Sep 30, 2021 | 2.44 Mn |
| Jun 30, 2021 | 1.08 Mn |
| Mar 31, 2021 | 1.07 Mn |
| Dec 31, 2020 | 498,427.00 |
| Sep 30, 2020 | 764,534.00 |
| Jun 30, 2020 | 212,902.00 |
| Mar 31, 2020 | 727,916.00 |
| Dec 31, 2019 | 1.22 Mn |
| Sep 30, 2019 | 727,314.00 |
| Jun 30, 2019 | 1.30 Mn |
| Mar 31, 2019 | 1.04 Mn |
| Dec 31, 2018 | 1.19 Mn |
| Sep 30, 2018 | 1.60 Mn |
| Jun 30, 2018 | 2.02 Mn |
Reserve Petroleum Gross Profit 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-profit&ticker=RSRV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=RSRV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();