Reserve Petroleum (RSRV) Operating Expenses (2010 - 2026)
Reserve Petroleum's (RSRV) quarterly Operating Expenses came in at $4.0 million in Q1 2026, up 73.35% year-on-year from $2.3 million in Q1 2025, and down 29.37% quarter-over-quarter from $5.6 million in Q4 2025.
Reserve Petroleum (RSRV) Operating Expenses (2010 - 2026) Analysis & Trends
Reserve Petroleum's Operating Expenses history runs 17 years deep, the most recent figure standing at $4.0 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 73.35% year-over-year to $4.0 million in Q1 2026; TTM through Mar 2026 was $14.8 million, a 11.51% increase from a year earlier, with the FY2025 full-year figure at $13.2 million, down 4.29% from the prior year.
- Operating Expenses slipped to $4.0 million in Q1 2026 per RSRV's latest filing, from $5.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $6.4 million in Q4 2023 and bottomed at $1.5 million in Q1 2022.
- The 5-year median for Operating Expenses is $2.7 million (2025), against an average of $3.2 million.
- Across the five-year window, Operating Expenses jumped 103.71% in 2023 and dropped 15.03% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $4.3 million in 2022, then surged by 51.2% to $6.4 million in 2023, then dropped by 13.13% to $5.6 million in 2024, then grew by 0.39% to $5.6 million in 2025, then slipped by 29.37% to $4.0 million in 2026.
- Per Business Quant, the three latest RSRV Operating Expenses figures stand at $4.0 million (Q1 2026), $5.6 million (Q4 2025), and $2.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 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 | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Reserve Petroleum | 33.35 Mn | 26.62 Mn | - | 3.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.96 Mn |
| Dec 31, 2025 | 5.60 Mn |
| Sep 30, 2025 | 2.66 Mn |
| Jun 30, 2025 | 2.61 Mn |
| Mar 31, 2025 | 2.28 Mn |
| Dec 31, 2024 | 5.58 Mn |
| Sep 30, 2024 | 2.63 Mn |
| Jun 30, 2024 | 2.80 Mn |
| Mar 31, 2024 | 2.69 Mn |
| Dec 31, 2023 | 6.43 Mn |
| Sep 30, 2023 | 2.64 Mn |
| Jun 30, 2023 | 2.44 Mn |
| Mar 31, 2023 | 3.15 Mn |
| Dec 31, 2022 | 4.25 Mn |
| Sep 30, 2022 | 2.16 Mn |
| Jun 30, 2022 | 1.79 Mn |
| Mar 31, 2022 | 1.54 Mn |
| Dec 31, 2021 | 3.55 Mn |
| Sep 30, 2021 | 2.30 Mn |
| Jun 30, 2021 | 1.25 Mn |