Filing Flows › Reserve Petroleum (RSRV) › Q2 2025
Reserve Petroleum (RSRV) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Reserve Petroleum (RSRV) reported revenue of $3.5M for the second quarter 2025 (Q2 2025), -9% from a year earlier and -10% from the quarter before. Operating margin was 25.5%, net earnings $1.2M (34.2% of revenue).
Reserve Petroleum, Q2 2025: revenue $3.5M (-9% year over year), operating margin 25.5%, net earnings $1.2M, operating cash flow $3.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5M | -10% | -9% |
| Operating profit | $887K | -56% | -18% |
| Net earnings | $1.2M | -33% | +14% |
| Operating cash flow | $3.1M | +63% | +137% |
What changed
Revenue was $3.5M in Q2 2025, down 9% year over year and down 10% from the previous quarter. Oil Sales was the largest line at 70% of revenue. Oil Sales lost $690K year over year (down 22%), 191% of the total change.
Operating profit was $887K, a 25.5% margin (down 2.7 points year over year). Total costs fell 6% while revenue fell 9%. Net earnings were $1.2M, up 14% year over year. The effective tax rate was 18.4%. Non-operating items added $569K, 39% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.1M (up 137% year over year), 261% of net earnings. Working capital and other items added $1.9M. Capital expenditures of $3.8M exceeded it, leaving free cash flow of −$648K.
Questions
What was Reserve Petroleum's revenue in the second quarter 2025?
Reserve Petroleum (RSRV) reported revenue of $3.5M for the second quarter 2025 (Q2 2025), -9% from a year earlier and -10% from the quarter before.
Was Reserve Petroleum profitable in the second quarter 2025?
Operating profit was $887K (25.5% of revenue) and net earnings $1.2M.
Source: Reserve Petroleum 10-Q on SEC EDGAR.