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RESERVE PETROLEUM CO: 10-Q filed 2023-11-14

What RESERVE PETROLEUM CO reported in its quarterly report filed 2023-11-14 (fiscal Q3 2023): 33 published measures, 92 facts as tagged in accession 0000083350-23-000026.

This filing

Form
10-Q (quarterly report)
Filed
2023-11-14
Fiscal period
fiscal Q3 2023
Accession
0000083350-23-000026 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All RESERVE PETROLEUM CO filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-09-3040,363,662USD
At 2022-12-3138,727,133USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-09-308,031,903USD
At 2022-12-316,341,771USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-09-3032,153,921USD
At 2022-12-3132,235,928USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-09-304,628,905USD
At 2022-12-317,299,224USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-07-01 to 2023-09-30617,509USD92
2023-01-01 to 2023-09-301,500,781USD273
2022-07-01 to 2022-09-301,031,252USD92
2022-01-01 to 2022-09-303,542,641USD273

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-01-01 to 2023-09-303,138,715USD273
2022-01-01 to 2022-09-306,850,467USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-09-30-1,656,306USD273
2022-01-01 to 2022-09-30-1,563,653USD273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-09-30-4,152,728USD273
2022-01-01 to 2022-09-30-10,370,787USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-09-3033,792,440USD
At 2022-12-3133,828,418USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-07-01 to 2023-09-30155,908shares92
2023-01-01 to 2023-09-30156,051shares273
2022-07-01 to 2022-09-30156,161shares92
2022-01-01 to 2022-09-30156,165shares273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-07-01 to 2023-09-304.01USD/shares92
2023-01-01 to 2023-09-309.77USD/shares273
2022-07-01 to 2022-09-306.6USD/shares92
2022-01-01 to 2022-09-3022.69USD/shares273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2023-07-01 to 2023-09-30146,475USD92
2023-01-01 to 2023-09-30378,240USD273
2022-07-01 to 2022-09-30367,241USD92
2022-01-01 to 2022-09-301,014,747USD273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-09-3017,951,681USD
At 2022-12-3114,922,439USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-07-01 to 2023-09-30665,854USD92
2023-01-01 to 2023-09-30998,765USD273
2022-07-01 to 2022-09-301,461,729USD92
2022-01-01 to 2022-09-306,286,258USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-09-3014,392,504USD
At 2022-12-3116,249,244USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2023-07-01 to 2023-09-3017,130USD92
2023-01-01 to 2023-09-3051,179USD273
2022-07-01 to 2022-09-300USD92
2022-01-01 to 2022-09-300USD273

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-09-301,983,042USD
At 2022-12-31612,047USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-09-301,452,918USD
At 2022-12-31399,735USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-09-302,400,996USD
At 2022-12-312,318,183USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2023-01-01 to 2023-09-3046,029USD273
2022-01-01 to 2022-09-302,080USD273

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2023-09-3032,331,759USD
At 2023-06-3031,744,005USD
At 2022-12-3132,385,362USD
At 2022-09-3031,892,156USD
At 2022-06-3030,746,566USD
At 2021-12-3129,798,830USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-09-30754,966USD
At 2022-12-31758,256USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2023-09-30269,524USD
At 2022-12-31236,883USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2023-09-301,995,854USD
At 2022-12-311,619,595USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2023-07-01 to 2023-09-30578,135USD92
2023-01-01 to 2023-09-301,893,893USD273
2022-07-01 to 2022-09-30466,911USD92
2022-01-01 to 2022-09-301,447,649USD273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2023-01-01 to 2023-09-3056,177USD273
2022-01-01 to 2022-09-3047,526USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-14,832USD92
2023-01-01 to 2023-09-3013,929USD273
2022-07-01 to 2022-09-3059,772USD92
2022-01-01 to 2022-09-30-30,848USD273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2023-07-01 to 2023-09-3092,479USD92
2023-01-01 to 2023-09-30850,021USD273
2022-07-01 to 2022-09-30-55,009USD92
2022-01-01 to 2022-09-30-1,617,765USD273

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2023-07-01 to 2023-09-3051,655USD92
2023-01-01 to 2023-09-301,981USD273
2022-07-01 to 2022-09-30655,691USD92
2022-01-01 to 2022-09-3068,723USD273

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2023-07-01 to 2023-09-3094,820USD92
2023-01-01 to 2023-09-30376,259USD273
2022-07-01 to 2022-09-30-288,450USD92
2022-01-01 to 2022-09-30946,024USD273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2023-01-01 to 2023-09-3042,386USD273
2022-01-01 to 2022-09-3046,251USD273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2023-01-01 to 2023-09-30334,200USD273
2022-01-01 to 2022-09-30-228,701USD273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-09-30148,604USD273
2022-01-01 to 2022-09-30-133,679USD273

Inspect the source

Entity
RESERVE PETROLEUM CO / CIK 0000083350
Captured
2026-09-19T14:51:43.890Z
SEC response SHA-256
67ffd8ea82a6724ae0d7ec642d3231bec22a9a390a83ff9473f4336d22a04257

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000083350.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))