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
Industry (SIC)
SEC CIK
Corporate docs
IRS number
730237060
Latest filings (excl ownership)
8-K
Other Events
22 Sep 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
10-K/A
2022 FY
Annual report (amended)
15 Jun 23
8-K
Submission of Matters to a Vote of Security Holders
24 May 23
10-Q
2023 Q1
Quarterly report
15 May 23
DEF 14A
Definitive proxy
9 May 23
ARS
2022 FY
Annual report to shareholders
20 Apr 23
10-K
2022 FY
Annual report
31 Mar 23
10-Q
2022 Q3
Quarterly report
14 Nov 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
Latest ownership filings
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 5.47 mm | 5.47 mm | 5.47 mm | 5.47 mm | 5.47 mm | 5.47 mm |
| Cash burn (monthly) | 401.08 k | 297.06 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 1.15 mm | 848.43 k | n/a | n/a | n/a | n/a |
| Cash remaining | 4.32 mm | 4.62 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 10.8 | 15.6 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Aug 23 | Cameron R Mclain | COMMON STOCK | Buy | Acquire P | No | No | 162 | 35 | 5.67 k | 12,786 |
| 29 Aug 23 | Cameron R Mclain | COMMON STOCK | Buy | Acquire P | No | No | 162 | 165 | 26.73 k | 12,751 |
| 24 Aug 23 | Cameron R Mclain | COMMON STOCK | Buy | Acquire P | No | No | 162 | 154 | 24.95 k | 12,586 |
| 23 Aug 23 | Cameron R Mclain | COMMON STOCK | Buy | Acquire P | No | No | 162 | 50 | 8.10 k | 12,432 |
| 16 Aug 22 | Cameron R Mclain | COMMON STOCK | Buy | Acquire P | No | No | 150 | 274 | 41.10 k | 12,382 |
| 16 Aug 22 | Kyle L Mclain | COMMON STOCK | Buy | Acquire P | No | No | 150 | 274 | 41.10 k | 12,382 |