Reserve Petroleum Co (RSRV) Research & Development (2010 - 2021)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=RSRV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();