For the quarter ending 2026-03-31, RSRV has $42,083,344 in assets. $7,068,551 in debts. $2,759,925 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,759,925 | 2,051,330 | 4,791,704 | 3,760,037 |
| Equity securities | 4,215,983 | 4,516,415 | 2,901,072 | 3,147,407 |
| Refundable income taxes | 294,460 | 282,311 | 294,460 | 289,482 |
| Accounts receivable | 3,217,939 | 2,994,573 | 2,331,927 | 2,037,867 |
| Total current assets | 10,488,307 | 9,844,629 | 10,319,163 | 9,234,793 |
| Equity method investments | 1,772,942 | 1,782,717 | 1,803,378 | 2,491,089 |
| Other investments | 3,790,406 | 3,440,406 | 3,820,097 | 3,765,097 |
| Total investments | 5,563,348 | 5,223,123 | 5,623,475 | 6,256,186 |
| Unproved properties | 5,745,509 | 6,110,839 | 5,469,999 | 4,516,683 |
| Proved properties | 85,381,608 | 84,478,449 | 80,897,552 | 79,023,482 |
| Oil and gas properties, gross | 91,127,117 | 90,589,288 | 86,367,551 | 83,540,165 |
| Less accumulated depreciation, depletion, amortization and valuation allowance | 67,426,870 | 66,392,912 | 63,599,132 | 62,989,399 |
| Oil and gas properties, net | 23,700,247 | 24,196,376 | 22,768,419 | 20,550,766 |
| Other property and equipment, at cost | 2,573,154 | 2,573,154 | 2,520,198 | 2,520,198 |
| Less accumulated depreciation | 241,712 | 228,759 | 213,160 | 202,854 |
| Other property and equipment, net | 2,331,442 | 2,344,395 | 2,307,038 | 2,317,344 |
| Total property, plant and equipment, net | 26,031,689 | 26,540,771 | 25,075,457 | 22,868,110 |
| Total assets | 42,083,344 | 41,608,523 | 41,018,095 | 38,359,089 |
| Accounts payable & other current liabilities | 357,297 | 1,167,893 | 1,225,921 | 210,985 |
| Other current liabilities | - | 14,249 | 65,183 | 56,998 |
| Note payable, current portion | 972,755 | 1,010,873 | 152,726 | 151,176 |
| Total current liabilities | 1,330,052 | 2,193,015 | 1,443,830 | 419,159 |
| Note payable, less current portion | - | 0 | 895,778 | 934,463 |
| Asset retirement obligation | 2,553,921 | 2,509,626 | 2,497,698 | 2,453,526 |
| Deferred tax liability, net | 3,184,578 | 2,906,516 | 2,745,990 | 2,467,171 |
| Total long-term liabilities | 5,738,499 | 5,416,142 | 6,139,466 | 5,855,160 |
| Total liabilities | 7,068,551 | 7,609,157 | 7,583,296 | 6,274,319 |
| Common stock | 92,368 | 92,368 | 92,368 | 92,368 |
| Additional paid-in capital | 65,000 | 65,000 | 65,000 | 65,000 |
| Retained earnings | 37,087,208 | 36,080,391 | 35,519,933 | 34,151,392 |
| Equity before treasury stock | 37,244,576 | 36,237,759 | 35,677,301 | 34,308,760 |
| Less treasury stock, at cost | 2,472,606 | 2,472,606 | 2,468,967 | 2,442,781 |
| Total equity applicable to the reserve petroleum company | 34,771,970 | 33,765,153 | 33,208,334 | 31,865,979 |
| Non-controlling interests | 242,823 | 234,213 | 226,465 | 218,791 |
| Total equity | 35,014,793 | 33,999,366 | 33,434,799 | 32,084,770 |
| Total liabilities and equity | 42,083,344 | 41,608,523 | 41,018,095 | 38,359,089 |
RESERVE PETROLEUM CO (RSRV)
RESERVE PETROLEUM CO (RSRV)