The Reserve Petroleum Company
The Reserve Petroleum Company, an independent oil and gas company, engages in oil and natural gas exploration, development, and minerals management with areas of concentration in Arkansas, Kansas, Oklahoma, South Dakota, Texas, and Wyoming. The company owns producing properties and non-producing mineral interests in the north and south-central United States. It also provides water well drilling s… Read more
The Reserve Petroleum Company (RSRV) - Net Assets
Latest net assets as of September 2025: $1.14 Million USD
Based on the latest financial reports, The Reserve Petroleum Company (RSRV) has net assets worth $1.14 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.19 Million) and total liabilities ($1.05 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.14 Million |
| % of Total Assets | 52.13% |
| Annual Growth Rate | 5.69% |
| 5-Year Change | 4.27% |
| 10-Year Change | -7.78% |
| Growth Volatility | 13.43 |
The Reserve Petroleum Company - Net Assets Trend (2000–2024)
This chart illustrates how The Reserve Petroleum Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Reserve Petroleum Company (2000–2024)
The table below shows the annual net assets of The Reserve Petroleum Company from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $30.64 Million | -0.36% |
| 2023-12-31 | $30.75 Million | -5.05% |
| 2022-12-31 | $32.39 Million | +8.68% |
| 2021-12-31 | $29.80 Million | +1.41% |
| 2020-12-31 | $29.39 Million | -8.53% |
| 2019-12-31 | $32.13 Million | -4.34% |
| 2018-12-31 | $33.58 Million | +4.55% |
| 2017-12-31 | $32.12 Million | -0.43% |
| 2016-12-31 | $32.26 Million | -2.90% |
| 2015-12-31 | $33.22 Million | -9.57% |
| 2014-12-31 | $36.74 Million | +10.25% |
| 2013-12-31 | $33.33 Million | +14.20% |
| 2012-12-31 | $29.18 Million | +4.65% |
| 2011-12-31 | $27.89 Million | +14.95% |
| 2010-12-31 | $24.26 Million | -4.98% |
| 2009-12-31 | $25.53 Million | -0.41% |
| 2008-12-31 | $25.64 Million | +13.68% |
| 2007-12-31 | $22.55 Million | +39.83% |
| 2006-12-31 | $16.13 Million | +28.47% |
| 2005-12-31 | $12.55 Million | +36.35% |
| 2004-12-31 | $9.21 Million | +20.55% |
| 2003-12-31 | $7.64 Million | +4.22% |
| 2002-12-31 | $7.33 Million | -9.82% |
| 2001-12-31 | $8.13 Million | +0.09% |
| 2000-12-31 | $8.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Reserve Petroleum Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 301.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $32.69 Million | 107.43% |
| Common Stock | $92.37K | 0.30% |
| Total Equity | $30.43 Million | 100.00% |
The Reserve Petroleum Company Competitors by Market Cap
The table below lists competitors of The Reserve Petroleum Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KeyStar Corp
PINK:KEYR
|
$14.95 Million |
|
Adisyn Ltd
AU:AI1
|
$14.95 Million |
|
Wetteri Oyj
LSE:0G2O
|
$14.95 Million |
|
ProStar Holdings Inc
OTCQX:MAPPF
|
$14.95 Million |
|
Purmo Group Oyj
HE:PURMO
|
$14.95 Million |
|
TMT Acquisition Corp Ordinary Shares
NASDAQ:TMTC
|
$14.94 Million |
|
Parkson Holdings Bhd
KLSE:5657
|
$14.94 Million |
|
China Green Agriculture Inc
NYSE:CGA
|
$14.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Reserve Petroleum Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,548,907 to 30,434,497, a change of -114,410 (-0.4%).
- Net income of 2,029,278 contributed positively to equity growth.
- Dividend payments of 1,546,874 reduced retained earnings.
- Share repurchases of 596,814 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.03 Million | +6.67% |
| Dividends Paid | $1.55 Million | -5.08% |
| Share Repurchases | $596.81K | -1.96% |
| Total Change | $- | -0.37% |
Book Value vs Market Value Analysis
This analysis compares The Reserve Petroleum Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.81x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.64x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $43.91 | $160.04 | x |
| 2003-12-31 | $45.90 | $160.04 | x |
| 2004-12-31 | $55.58 | $160.04 | x |
| 2005-12-31 | $76.30 | $160.04 | x |
| 2006-12-31 | $98.62 | $160.04 | x |
| 2007-12-31 | $138.56 | $160.04 | x |
| 2008-12-31 | $157.93 | $160.04 | x |
| 2009-12-31 | $157.50 | $160.04 | x |
| 2010-12-31 | $150.24 | $160.04 | x |
| 2011-12-31 | $173.09 | $160.04 | x |
| 2012-12-31 | $181.34 | $160.04 | x |
| 2013-12-31 | $208.17 | $160.04 | x |
| 2014-12-31 | $231.16 | $160.04 | x |
| 2015-12-31 | $209.54 | $160.04 | x |
| 2016-12-31 | $204.05 | $160.04 | x |
| 2017-12-31 | $203.58 | $160.04 | x |
| 2018-12-31 | $213.28 | $160.04 | x |
| 2019-12-31 | $204.93 | $160.04 | x |
| 2020-12-31 | $187.65 | $160.04 | x |
| 2021-12-31 | $190.43 | $160.04 | x |
| 2022-12-31 | $206.42 | $160.04 | x |
| 2023-12-31 | $195.93 | $160.04 | x |
| 2024-12-31 | $197.72 | $160.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Reserve Petroleum Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.69%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.20x
- Recent ROE (6.67%) is below the historical average (11.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.56% | 32.54% | 0.28x | 1.04x | $-35.90K |
| 2001 | 3.30% | 10.97% | 0.29x | 1.04x | $-544.60K |
| 2002 | -8.42% | -35.00% | 0.23x | 1.04x | $-1.35 Million |
| 2003 | 6.55% | 17.18% | 0.37x | 1.04x | $-263.87K |
| 2004 | 19.00% | 41.01% | 0.42x | 1.10x | $828.30K |
| 2005 | 30.37% | 44.73% | 0.59x | 1.16x | $2.56 Million |
| 2006 | 26.50% | 43.04% | 0.56x | 1.09x | $2.66 Million |
| 2007 | 33.38% | 52.52% | 0.58x | 1.10x | $5.27 Million |
| 2008 | 37.63% | 46.59% | 0.71x | 1.14x | $7.08 Million |
| 2009 | 6.30% | 17.83% | 0.31x | 1.13x | $-945.86K |
| 2010 | 21.64% | 37.97% | 0.48x | 1.18x | $2.82 Million |
| 2011 | 18.93% | 40.72% | 0.39x | 1.20x | $2.49 Million |
| 2012 | 15.60% | 30.09% | 0.42x | 1.23x | $1.64 Million |
| 2013 | 18.21% | 32.26% | 0.46x | 1.21x | $2.74 Million |
| 2014 | 18.41% | 31.95% | 0.48x | 1.20x | $3.09 Million |
| 2015 | -5.67% | -22.31% | 0.22x | 1.15x | $-5.21 Million |
| 2016 | -0.26% | -1.34% | 0.17x | 1.15x | $-3.31 Million |
| 2017 | 2.13% | 10.87% | 0.17x | 1.13x | $-2.53 Million |
| 2018 | 6.89% | 27.78% | 0.22x | 1.13x | $-1.04 Million |
| 2019 | -0.83% | -4.02% | 0.19x | 1.11x | $-3.48 Million |
| 2020 | -6.66% | -47.92% | 0.13x | 1.09x | $-4.89 Million |
| 2021 | 4.20% | 13.73% | 0.27x | 1.12x | $-1.73 Million |
| 2022 | 12.41% | 24.74% | 0.42x | 1.20x | $777.16K |
| 2023 | -0.18% | -0.42% | 0.37x | 1.19x | $-3.11 Million |
| 2024 | 6.67% | 12.69% | 0.44x | 1.20x | $-1.01 Million |
Industry Comparison
This section compares The Reserve Petroleum Company's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Reserve Petroleum Company (RSRV) | $1.14 Million | 9.56% | 0.92x | $14.95 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |