Growth Metrics

Reserve Petroleum (RSRV) Gross Profit (2016 - 2023)

Reserve Petroleum has reported Gross Profit over the past 14 years, most recently at $2.0 million for Q1 2023.

  • For Q1 2023, Gross Profit fell 23.07% year-over-year to $2.0 million; the TTM value through Mar 2023 reached $12.6 million, up 59.44%, while the annual FY2022 figure was $12.5 million, 98.5% up from the prior year.
  • Gross Profit for Q1 2023 was $2.0 million at Reserve Petroleum, down from $4.2 million in the prior quarter.
  • Over five years, Gross Profit peaked at $4.2 million in Q4 2022 and troughed at $212902.0 in Q2 2020.
  • A 5-year average of $1.6 million and a median of $1.2 million in 2019 define the central range for Gross Profit.
  • Biggest five-year swings in Gross Profit: tumbled 82.55% in 2020 and later skyrocketed 369.43% in 2021.
  • Year by year, Gross Profit stood at $1.3 million in 2019, then crashed by 68.7% to $411403.0 in 2020, then soared by 338.39% to $1.8 million in 2021, then soared by 133.63% to $4.2 million in 2022, then tumbled by 51.52% to $2.0 million in 2023.
  • Business Quant data shows Gross Profit for RSRV at $2.0 million in Q1 2023, $4.2 million in Q4 2022, and $2.7 million in Q3 2022.