Reserve Petroleum Co's Corporate Customers have recorded a growth in their cost of revenue by 58.55 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 39.17 %. During the corresponding time, Reserve Petroleum Co recorded a revenue increase by 226.38 % year on year, sequentially revenue grew by 105.54 %. While revenue at the Reserve Petroleum Co's corporate clients recorded rose by 52.55 % year on year, sequentially revenue grew by 39.46 %.
Reserve Petroleum Co's Customers have recorded a growth in their cost of revenue by 58.55 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 39.17 %, for the same period Reserve Petroleum Co recorded revenue increase by 226.38 % year on year, sequentially revenue grew by 105.54 %.
Reserve Petroleum Co's Comment on Sales, Marketing and Customers
The Company had two customers whose total purchases were greater than 10% of revenues
from oil and gas sales. Redland Resources, LLC purchases were $1,289,760 or 24%
of total oil and gas sales and Luff Exploration Company purchases were $576,787
or 11% of total oil and gas sales. The Company sells most of its oil and gas under
short-term sales contracts that are based on the spot market price.
Reserve Petroleum Co’s Comment on Sales, Marketing and Customers
The Company had two customers whose total purchases were greater than 10% of revenues
from oil and gas sales. Redland Resources, LLC purchases were $1,289,760 or 24%
of total oil and gas sales and Luff Exploration Company purchases were $576,787
or 11% of total oil and gas sales. The Company sells most of its oil and gas under
short-term sales contracts that are based on the spot market price.
Sources:
Reserve Petroleum Co’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Reserve Petroleum Co’s corporate clients.
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