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RESERVE PETROLEUM CO: 10-Q filed 2019-08-14

What RESERVE PETROLEUM CO reported in its quarterly report filed 2019-08-14 (fiscal Q2 2019): 27 published measures, 82 facts as tagged in accession 0001437749-19-016695.

This filing

Form
10-Q (quarterly report)
Filed
2019-08-14
Fiscal period
fiscal Q2 2019
Accession
0001437749-19-016695 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 2019-06-3037,831,277USD
At 2018-12-3137,968,911USD

Total liabilities

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

PeriodValueUnitDays
At 2019-06-304,381,976USD
At 2018-12-314,385,498USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-06-3033,449,301USD
At 2019-03-3133,870,157USD
At 2018-12-3133,583,413USD
At 2018-06-3032,962,788USD
At 2018-03-3132,379,658USD
At 2017-12-3132,122,018USD

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 2019-06-302,536,576USD
At 2018-12-316,428,499USD
At 2018-06-305,340,928USD
At 2017-12-314,767,810USD

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
2019-04-01 to 2019-06-30722,622USD91
2019-01-01 to 2019-06-301,054,957USD181
2019-01-01 to 2019-03-31332,335USD90
2018-04-01 to 2018-06-301,382,688USD91
2018-01-01 to 2018-06-301,653,281USD181
2018-01-01 to 2018-03-31270,594USD90

Operating cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-06-301,494,017USD181
2018-01-01 to 2018-06-301,739,237USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2019-04-01 to 2019-06-301,927,318USD91
2019-01-01 to 2019-06-303,527,556USD181
2018-04-01 to 2018-06-302,637,123USD91
2018-01-01 to 2018-06-304,362,266USD181

Financing cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-06-30-1,174,673USD181
2018-01-01 to 2018-06-30-824,888USD181

Investing cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-06-30-4,211,267USD181
2018-01-01 to 2018-06-30-341,231USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2019-06-3034,981,889USD
At 2018-12-3135,023,662USD

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
2019-04-01 to 2019-06-30-59,411USD91
2019-01-01 to 2019-06-3099,424USD181
2018-04-01 to 2018-06-30151,486USD91
2018-01-01 to 2018-06-30235,156USD181

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 2019-06-3011,302,221USD
At 2018-12-3111,184,867USD

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
2019-04-01 to 2019-06-30540,703USD91
2019-01-01 to 2019-06-30891,314USD181
2018-04-01 to 2018-06-30917,129USD91
2018-01-01 to 2018-06-301,180,994USD181

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 2019-06-3024,030,320USD
At 2018-12-3124,212,935USD

Current liabilities

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

PeriodValueUnitDays
At 2019-06-30253,011USD
At 2018-12-31343,630USD

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 2019-06-30174,739USD
At 2018-12-31318,387USD

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 2019-06-301,126,335USD
At 2018-12-31846,419USD

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
2019-01-01 to 2019-06-3092,339USD181
2018-01-01 to 2018-06-3025,017USD181

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2019-04-01 to 2019-06-301,386,615USD91
2019-01-01 to 2019-06-302,636,242USD181
2018-04-01 to 2018-06-301,719,994USD91
2018-01-01 to 2018-06-303,181,272USD181

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 2019-06-3033,449,301USD
At 2018-12-3133,583,413USD

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 2019-06-30404,045USD
At 2018-12-31403,718USD

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 2019-06-30264,447USD
At 2018-12-31249,333USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2019-04-01 to 2019-06-30663,211USD91
2019-01-01 to 2019-06-301,154,381USD181
2018-04-01 to 2018-06-301,534,174USD91
2018-01-01 to 2018-06-301,888,437USD181

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
2019-04-01 to 2019-06-30403,668USD91
2019-01-01 to 2019-06-30856,528USD181
2018-04-01 to 2018-06-30416,800USD91
2018-01-01 to 2018-06-30867,334USD181

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
2019-04-01 to 2019-06-30122,508USD91
2019-01-01 to 2019-06-30263,067USD181
2018-04-01 to 2018-06-30617,045USD91
2018-01-01 to 2018-06-30707,443USD181

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
2019-04-01 to 2019-06-3042,313USD91
2019-01-01 to 2019-06-3078,694USD181
2018-04-01 to 2018-06-30158,342USD91
2018-01-01 to 2018-06-3092,438USD181

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
2019-04-01 to 2019-06-30-101,724USD91
2019-01-01 to 2019-06-3020,730USD181
2018-04-01 to 2018-06-30-6,856USD91
2018-01-01 to 2018-06-30142,718USD181

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.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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"])))