Reserve Petroleum RSRV
OTC RSRV
$236.00 +0.00 (+0.00%)
At close: Sep 29, 2026 · 4:00 PM EDT

Reserve Petroleum Co (RSRV) Research & Development (2010 - 2021)

Updated

Reserve Petroleum (RSRV) recorded Research & Development of $227,646 in Q4 2021, compared with $8,315 a year earlier and down 47.2% from the prior quarter.

Analysis

Reserve Petroleum Co (RSRV) Research & Development (2010 - 2021) Analysis & Trends

For FY2021, Reserve Petroleum reported Research & Development of $687,648, up 326.3% from FY2020.

  • Annual Research & Development has a five-year compound annual growth rate of 9.9% (FY2016 to FY2021).
  • Across earlier years, Research & Development came in at $161,288 in FY2020 (-77.3%), $709,753 in FY2019 (+245.1%), $205,671 in FY2018 (-76.7%) and $883,593 in FY2017 (+105.9%).
  • Quarterly Research & Development has ranged from $3,219 in Q1 2019 to $649,204 in Q4 2019 over the past five years.
  • On a year-over-year basis, Research & Development rose in two of the last six quarters, with growth averaging 100.9%.
  • Peak year-over-year performance for Research & Development in the last five years was growth of 453.8% in Q3 2021, against a decline of 98.7% in Q4 2020 at the low end.
  • Per Business Quant, the preceding three quarters came in at $430,855 (Q3 2021), $12,957 (Q2 2021) and $16,190 (Q1 2021).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2021 227,646.00
Sep 30, 2021 430,855.00
Jun 30, 2021 12,957.00
Mar 31, 2021 16,190.00
Dec 31, 2020 8,315.00
Sep 30, 2020 77,803.00
Jun 30, 2020 31,705.00
Mar 31, 2020 43,465.00
Dec 31, 2019 649,204.00
Sep 30, 2019 15,684.00
Jun 30, 2019 41,646.00
Mar 31, 2019 3,219.00
Dec 31, 2018 25,283.00
Sep 30, 2018 45,203.00
Jun 30, 2018 57,540.00
Mar 31, 2018 77,645.00
Dec 31, 2017 346,477.00
Sep 30, 2017 14,969.00
Jun 30, 2017 372,641.00
Mar 31, 2017 149,506.00
API Access

Reserve Petroleum Co Research & Development 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=research-and-development&ticker=RSRV&period=max&api_key=YOUR_API_KEY