Filing Flows › Reserve Petroleum (RSRV) › Q2 2026 › vs Q1 2026
Reserve Petroleum (RSRV) Q2 2026 vs Q1 2026 (quarter over quarter)
Reserve Petroleum's revenue fell $194K (-4%) from $5.5M in Q1 2026 to $5.3M in Q2 2026. The biggest changes: Natural Gas Sales −$712K (-41%); Oil Sales +$472K (+13%); Miscellaneous Oil and Gas Product Sales +$47K (+115%). Operating margin 47.8% against 28.8% (+19.0 pts).
Reserve Petroleum, Q2 2026: revenue $5.3M (+54% year over year), operating margin 47.8%, net earnings $2.5M, operating cash flow $4.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 47.8% | 28.8% | +19.0 pts |
| Net margin | 47.4% | 18.0% | +29.5 pts |
| Free cash flow margin | 16.0% | 21.0% | -5.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Oil Sales | $4.2M | $3.8M | $472K | +13% |
| Natural Gas Sales | $1.0M | $1.8M | −$712K | -41% |
| Miscellaneous Oil and Gas Product Sales | $87K | $40K | $47K | +115% |
| Revenue | $5.3M | $5.5M | −$194K | -4% |
| Other income, net | $306K | −$333K | $640K | — |
| Operating profit | $2.6M | $1.6M | $963K | +60% |
| Costs & expenses | $2.8M | $3.9M | −$1.2M | -29% |
| Pre-tax earnings | $2.9M | $1.3M | $1.6M | +127% |
| General & admin | $649K | $634K | $15K | +2% |
| Other operating costs | $2.1M | $3.3M | −$1.2M | -35% |
| Net earnings | $2.5M | $996K | $1.5M | +155% |
| Income tax | $327K | $266K | $61K | +23% |
| Working capital & other | $1.7M | $1.7M | −$79K | -5% |
| Operating cash flow | $4.2M | $2.7M | $1.5M | +54% |
| Free cash flow (OCF − capex) | $855K | $1.2M | −$311K | -27% |
| Capital expenditures | $3.3M | $1.6M | $1.8M | +113% |
Questions
How much did Reserve Petroleum's revenue grow quarter over quarter in Q2 2026?
Reserve Petroleum's revenue fell $194K (-4%) from $5.5M in Q1 2026 to $5.3M in Q2 2026.
What drove Reserve Petroleum's revenue change in Q2 2026?
Natural Gas Sales −$712K (-41%); Oil Sales +$472K (+13%); Miscellaneous Oil and Gas Product Sales +$47K (+115%).