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RSRV Reserve Petroleum

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
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
730237060

Calendar

17 May 21
14 Jun 21
31 Dec 21
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

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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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Registration and prospectus

No filings