Growth Metrics

Reserve Petroleum (RSRV) Research & Development (2016 - 2021)

Reserve Petroleum has reported Research & Development over the past 12 years, most recently at $227646.0 for Q4 2021.

  • For Q4 2021, Research & Development rose 2637.78% year-over-year to $227646.0; the TTM value through Dec 2021 reached $687648.0, up 326.35%, while the annual FY2021 figure was $687648.0, 326.35% up from the prior year.
  • Research & Development for Q4 2021 was $227646.0 at Reserve Petroleum, down from $430855.0 in the prior quarter.
  • Over five years, Research & Development peaked at $649204.0 in Q4 2019 and troughed at $3219.0 in Q1 2019.
  • A 5-year average of $131869.6 and a median of $44334.0 in 2018 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: surged 4309.45% in 2019 and later tumbled 98.72% in 2020.
  • Year by year, Research & Development stood at $346477.0 in 2017, then crashed by 95.75% to $14723.0 in 2018, then surged by 4309.45% to $649204.0 in 2019, then tumbled by 98.72% to $8315.0 in 2020, then surged by 2637.78% to $227646.0 in 2021.
  • Business Quant data shows Research & Development for RSRV at $227646.0 in Q4 2021, $430855.0 in Q3 2021, and $12957.0 in Q2 2021.