The Reserve Petroleum Co. engages in the oil and natural gas exploration and development. The company is headquartered in Oklahoma City, Oklahoma and currently employs 8 full-time employees. The firm is engaged in oil and natural gas exploration, development, and minerals management with areas of concentration in Arkansas, Kansas, Oklahoma, South Dakota, and Texas. The Company’s principal properties are oil and natural gas properties. The company has interests in approximately 913 producing properties with 37% of them being working interest properties and 63% of them being royalty interest properties. The company owns non-producing mineral interests of 88,333 net acres. These mineral interests are in approximately 12 different states in the north and south-central United States. A total of 81,199 (92%) net acres are in the states of Arkansas, Kansas, Oklahoma, South Dakota, and Texas, the areas of concentration for the Company in its exploration and development programs. Its subsidiaries include Grand Woods Development, LLC and Trinity Water Services, LLC.
Follow-Up Questions
What is Reserve Petroleum Co (RSRV)'s P/E Ratio?
The P/E ratio of Reserve Petroleum Co is 12.3761
Who is the CEO of Reserve Petroleum Co?
Mr. Cameron Mclain is the President of Reserve Petroleum Co, joining the firm since 1982.
What is the price performance of RSRV stock?
The current price of RSRV is $166.1, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Reserve Petroleum Co?
Reserve Petroleum Co belongs to Energy industry and the sector is Energy
What is Reserve Petroleum Co market cap?
Reserve Petroleum Co's current market cap is $24.9M