Filing Flows › Reserve Petroleum (RSRV) › Q1 2026 › vs Q4 2025
Reserve Petroleum (RSRV) Q1 2026 vs Q4 2025 (quarter over quarter)
Reserve Petroleum's revenue rose $638K (+13%) from $4.9M in Q4 2025 to $5.5M in Q1 2026. The biggest changes: Oil Sales +$524K (+16%); Natural Gas Sales +$167K (+11%); Miscellaneous Oil and Gas Product Sales −$54K (-57%). Operating margin 28.8% against -8.9% (+37.7 pts).
Reserve Petroleum, Q1 2026: revenue $5.5M (+44% year over year), operating margin 28.8%, net earnings $996K, operating cash flow $2.7M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Operating margin | 28.8% | -8.9% | +37.7 pts |
| Net margin | 18.0% | 11.2% | +6.8 pts |
| Free cash flow margin | 21.0% | -57.7% | +78.8 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Oil Sales | $3.8M | $3.2M | $524K | +16% |
| Natural Gas Sales | $1.8M | $1.6M | $167K | +11% |
| Miscellaneous Oil and Gas Product Sales | $40K | $94K | −$54K | -57% |
| Revenue | $5.5M | $4.9M | $638K | +13% |
| Operating profit | $1.6M | −$436K | $2.0M | — |
| Costs & expenses | $3.9M | $5.3M | −$1.4M | -26% |
| Pre-tax earnings | $1.3M | $698K | $564K | +81% |
| Other expense, net | $333K | −$1.1M | $1.5M | — |
| General & admin | $634K | $759K | −$125K | -16% |
| Other operating costs | $3.3M | $4.6M | −$1.3M | -28% |
| Net earnings | $996K | $549K | $448K | +82% |
| Income tax | $266K | $150K | $116K | +78% |
| Working capital & other | $1.7M | $2.0M | −$278K | -14% |
| Operating cash flow | $2.7M | $2.6M | $170K | +7% |
| Free cash flow (OCF − capex) | $1.2M | −$2.8M | $4.0M | — |
| Capital expenditures | $1.6M | $5.4M | −$3.8M | -71% |
Questions
How much did Reserve Petroleum's revenue grow quarter over quarter in Q1 2026?
Reserve Petroleum's revenue rose $638K (+13%) from $4.9M in Q4 2025 to $5.5M in Q1 2026.
What drove Reserve Petroleum's revenue change in Q1 2026?
Oil Sales +$524K (+16%); Natural Gas Sales +$167K (+11%); Miscellaneous Oil and Gas Product Sales −$54K (-57%).