For the quarter ending 2025-09-30, RSRV has $41,018,095 in assets. $7,583,296 in debts. $4,791,704 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 4,791,704 | 3,760,037 | ||
| Total investments | - | 6,256,186 | ||
| Equity securities | 2,901,072 | 3,147,407 | ||
| Refundable income taxes | 294,460 | 289,482 | ||
| Accounts receivable, net of allowance for credit losses | 2,331,927 | 2,037,867 | ||
| Total current assets | 10,319,163 | 9,234,793 | ||
| Equity method investments | 1,803,378 | 2,491,089 | ||
| Other investments | 3,820,097 | 3,765,097 | ||
| Total investments | 5,623,475 | - | ||
| Unproved properties | 5,469,999 | 4,516,683 | ||
| Proved properties | 80,897,552 | 79,023,482 | ||
| Oil and gas properties, gross | 86,367,551 | 83,540,165 | ||
| Less accumulated depreciation, depletion, amortization and valuation allowance | 63,599,132 | 62,989,399 | ||
| Oil and gas properties, net | 22,768,419 | 20,550,766 | ||
| Less accumulated depreciation | - | 202,854 | ||
| Other property and equipment, at cost | 2,520,198 | 2,520,198 | ||
| Less accumulated depreciation | 213,160 | - | ||
| Other property and equipment, net | 2,307,038 | 2,317,344 | ||
| Total property, plant and equipment, net | 25,075,457 | 22,868,110 | ||
| Total assets | 41,018,095 | 38,359,089 | ||
| Accounts payable | 1,225,921 | 210,985 | ||
| Other current liabilities | 65,183 | 56,998 | ||
| Note payable, current portion | 152,726 | 151,176 | ||
| Total current liabilities | 1,443,830 | 419,159 | ||
| Asset retirement obligation | 2,497,698 | 2,453,526 | ||
| Deferred tax liability, net | 2,745,990 | 2,467,171 | ||
| Note payable, less current portion | 895,778 | 934,463 | ||
| Total long-term liabilities | 6,139,466 | 5,855,160 | ||
| Total liabilities | 7,583,296 | 6,274,319 | ||
| Common stock | 92,368 | 92,368 | ||
| Additional paid-in capital | 65,000 | 65,000 | ||
| Retained earnings | 35,519,933 | 34,151,392 | ||
| Equity before treasury stock | 35,677,301 | 34,308,760 | ||
| Less treasury stock, at cost | 2,468,967 | 2,442,781 | ||
| Total equity applicable to the reserve petroleum company | 33,208,334 | 31,865,979 | ||
| Non-controlling interests | 226,465 | 218,791 | ||
| Total equity | 33,434,799 | 32,084,770 | ||
| Total liabilities and equity | 41,018,095 | 38,359,089 | ||
RESERVE PETROLEUM CO (RSRV)
RESERVE PETROLEUM CO (RSRV)