Reserve Petroleum Co

reserve-petro.com

Reserve Petroleum Co (OTC: RSRV) is an oil and gas company that generates revenue through working interest ownership and mineral royalty interests in oil and natural gas properties. Revenue comes from the sale of oil and gas production at spot market prices, with royalty and other interests accounting for $3,425,011 (21%) of oil and gas sales in FY2025 versus $3,460,997 (23%) in FY2024. The company participates as a working interest owner alongside third-party operators in development drilling and conducts an exploration program through purchased interests in independently developed prospects. In FY2025, the company participated in 39 development wells, with 33 (0.7 net) completed as producers. The company also holds consolidated variable interest entities including Grand Woods Development, LLC, and previously operated a water well drilling subsidiary, Trinity Water Services, LLC, whose contract was terminated in April 2024. Net income attributable to common stockholders was $4,903,715 in FY2025, up from $2,029,278 in FY2024, with basic and diluted earnings per share of $32.32.