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Reserve Petroleum (RSRV) Operating Expenses (2016 - 2025)

Reserve Petroleum has reported Operating Expenses over the past 14 years, most recently at $6.4 million for Q4 2023.

  • For Q4 2023, Operating Expenses rose 51.2% year-over-year to $6.4 million; the TTM value through Dec 2023 reached $14.6 million, up 50.37%, while the annual FY2025 figure was $13.2 million, 4.29% down from the prior year.
  • Operating Expenses for Q4 2023 was $6.4 million at Reserve Petroleum, up from $2.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $6.4 million in Q4 2023 and troughed at $947232.0 in Q2 2020.
  • A 5-year average of $2.4 million and a median of $2.1 million in 2020 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: crashed 54.21% in 2020 and later soared 124.87% in 2021.
  • Year by year, Operating Expenses stood at $3.4 million in 2019, then tumbled by 54.21% to $1.6 million in 2020, then soared by 124.87% to $3.5 million in 2021, then increased by 19.75% to $4.3 million in 2022, then skyrocketed by 51.2% to $6.4 million in 2023.
  • Business Quant data shows Operating Expenses for RSRV at $6.4 million in Q4 2023, $2.6 million in Q3 2023, and $2.4 million in Q2 2023.