Reserve Petroleum Co reported in III. Quarter net earnings per share of $6.60 an increase by 60.98 % year on year from $4.10 and an improvement of 24.76 % from $5.29 realized in II. Quarter (Jun 30 2022).
III. Quarter
Earnings Per Share
Revenues
$ 6.6
$
4 Mill
$+2.50+60.98 %
Unch.+13.11 %
Reserve Petroleum Co's Revenue
rose by
13.11 % in III. Quarter (Sep 30 2022) year on year,
to $4 million and
declined by
-17.98 % sequentially.
Reserve Petroleum Co is Expected to report next financial results on March 30, 2023.
Reserve Petroleum Co's
net income of $1.031 million in III. Quarter increased by 60.45 % from net earnings of $0.643 million achieved in III. Quarter a year ago.
Sequentially
net earnings grew by 24.86 % from net income of $0.826 million realized in previous quarter.
In III. Quarter company's net cash and cash equivalents decreased by $-4 million, capital expenditures fell by 358.28%, to $-6 millions compare to same quarter a year ago and fell by 213.41% from II. Quarter (Jun 30 2022).
Reserve Petroleum Co
payed out dividend of $10.00 per share in last 52 weeks representing 48.08 % of net earning per share in trailing twelve-month period.
During the same period Reserve Petroleum Co
earned $ 52.41 cash per share, on a free-cash flow basis
251.97 % of net earning per share.
