RSRV Reserve Petroleum Dashboard

The Reserve Petroleum Company (the “Company,” “we,” “our” or “us”) is engaged principally in managing its owned mineral properties and the exploration for and the development of oil and natural gas properties. Other business segments are not significant factors in our operations. The Company is a corporation organized under the laws of the State of Delaware in 1931.

Company profile

Ticker

RSRV

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Anadarko Petroleum • Occidental Petroleum • Marathon Oil • Apache • Chesapeake Energy • Devon Energy • EOG Resources • Pressburg • Ovintiv ...

SEC CIK

0000083350

Corporate docs

Articles of Incorporation & Bylaws

IRS number

730237060

Financial summary

Financial statements Chart RSRV financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	17.13M	17.13M	17.13M	17.13M	17.13M	17.13M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	(positive/no burn)	127.93K	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	n/a	n/a	315.68K	n/a	n/a
Cash remaining	n/a	n/a	n/a	16.81M	n/a	n/a
Runway (months of cash)	n/a	n/a	n/a	131.4	n/a	n/a

Beta Read what these cash burn values mean

Financial report summary

Management Discussion

Net income increased $1,401,422 to a net income of $259,466 in the three months ended March 31, 2021 from a net loss of $(1,141,956) in the comparable period in 2020. Net income/(loss) per share, basic and diluted, increased $8.95 to a net income per share of $1.66 in the three months ended March 31, 2021 from a net loss per share of $(7.29) in the comparable period in 2020.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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Removed: ability, absorb, accrued, accurately, acquisition, added, adequate, Administration, adversely, Aid, April, Basin, board, collapse, Collectively, combat, condition, cover, credit, critical, curtailed, deciding, defer, detection, develop, disposition, drop, dropped, duration, effected, effort, establishing, extend, external, fairly, fall, financing, Fourteen, governmental, guidance, historic, hydrocarbon, identified, implemented, improvement, investee, largely, Leasing, long, lower, maintenance, marketable, measure, meet, Murray, negatively, number, observability, obtain, older, organized, partially, participate, participated, passed, pay, Paycheck, payroll, Permian, permit, personnel, Pertain, planned, potential, potentially, PPP, predict, predicted, preparation, prevention, Program, Protection, receiving, recession, reliability, Relief, remain, responsible, restore, SBA, Security, staffing, successfully, supervision, suppressed, unable, unanticipated, unauthorized, understanding, unsuccessful, vital, worsening

From filing 10-Q 2021 Q1