Reserve Petroleum Q1 FY26 net income drops 44% to $996,418; revenue rises 44% to $5.54 million

RESERVE PETROLEUM CO

RESERVE PETROLEUM CO

RSRV

0.00

  • Reserve Petroleum posted net income of USD 996,418, down 44% year over year, with basic EPS attributable to common stockholders at USD 6.64.
  • Revenue from oil and natural gas sales rose 44% to USD 5.54 million, led by oil sales of USD 3.75 million on 53,350 Bbls at USD 70.30 per Bbl.
  • Natural gas sales climbed 56% to USD 1.75 million on 384,014 MCF at USD 4.56 per MCF, while operating costs and expenses jumped 73% to USD 3.96 million.
  • Cash and cash equivalents increased 35% to USD 2.76 million, as net cash from operating activities rose 43% to USD 2.73 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reserve Petroleum Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000083350-26-000008), on May 15, 2026, and is solely responsible for the information contained therein.