Reserve Petroleum Co  (RSRV)
Other Ticker:  
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy


Reserve Petroleum Co

RSRV's Financial Statements and Analysis

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.

More on RSRV's Income Statement

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.

More on RSRV's Growth

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).

More on RSRV's Cash flow Statement

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.