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Reserve Petroleum Co (RSRV) SEC Filing 10-Q Quarterly Report for the period ending Thursday, September 30, 2021

Reserve Petroleum Co

CIK: 83350 Ticker: RSRV
Document And Entity Information - shares
9 Months Ended
Sep. 30, 2021
Nov. 05, 2021
Document Information [Line Items]  
Entity Central Index Key0000083350 
Entity Registrant NameRESERVE PETROLEUM CO 
Amendment Flagfalse 
Current Fiscal Year End Date--12-31 
Document Fiscal Period FocusQ3 
Document Fiscal Year Focus2021 
Document Type10-Q 
Document Quarterly Reporttrue 
Document Period End DateSep. 30, 2021 
Document Transition Reportfalse 
Entity File Number000-08157 
Entity Incorporation, State or Country CodeDE 
Entity Tax Identification Number73-0237060 
Entity Address, Address Line One6801 Broadway Ext., Suite 300 
Entity Address, City or TownOklahoma City 
Entity Address, State or ProvinceOK 
Entity Address, Postal Zip Code73116-9037 
City Area Code405 
Local Phone Number848-7551 
Entity Current Reporting StatusYes 
Entity Interactive Data CurrentYes 
Entity Filer CategoryNon-accelerated Filer 
Entity Small Businesstrue 
Entity Emerging Growth Companyfalse 
Entity Shell Companyfalse 
Entity Common Stock, Shares Outstanding 156,561

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Assess how Reserve Petroleum Co's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
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Reserve Petroleum Co's Definitive Proxy Statement (Form DEF 14A) filed after their 2021 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Condensed Consolidated Statements Of Cash Flows (Unaudited)
Consolidated Balance Sheets (Current Period Unaudited)
Consolidated Statements Of Operations (Unaudited)
Consolidated Statements Of Stockholders' Equity (Unaudited)
Note 1 - Basis Of Presentation
Note 10 - Related Party Transactions
Note 10 - Related Party Transactions (Details Textual)
Note 2 - Revenue Recognition
Note 2 - Revenue Recognition (Details Textual)
Note 2 - Revenue Recognition (Tables)
Note 2 - Revenue Recognition - Disaggregated Revenue (Details)
Note 3 - Other Income (Loss), Net
Note 3 - Other Income (Loss), Net (Tables)
Note 3 - Other Income, Net - Schedule Of Components Of Other Income, Net (Details)
Note 4 - Equity Method And Other Investments And Related Commitments And Contingent Liabilities, Including Guarantees
Note 4 - Equity Method And Other Investments And Related Commitments And Contingent Liabilities, Including Guarantees (Details Textual)
Note 5 - Provision For Income Taxes
Note 6 - Asset Retirement Obligation
Note 6 - Asset Retirement Obligation (Details Textual)
Note 6 - Asset Retirement Obligation (Tables)
Note 6 - Asset Retirement Obligation - Schedule Of Asset Retirement Obligation (Details)
Note 7 - Fair Value Measurements
Note 7 - Fair Value Measurements (Details Textual)
Note 7 - Fair Value Measurements (Tables)
Note 7 - Fair Value Measurements - Schedule Of Fair Value Reported On A Recurring Basis (Details)
Note 8 - Long-Lived Assets Impairment Loss
Note 8 - Long-Lived Assets Impairment Loss (Details Textual)
Note 9 - New Accounting Pronouncements

Material Contracts, Statements, Certifications & more

Reserve Petroleum Co provided additional information to their SEC Filing as exhibits

Ticker: RSRV
CIK: 83350
Form Type: 10-Q Quarterly Report
Accession Number: 0001437749-21-026572
Submitted to the SEC: Mon Nov 15 2021 6:04:08 AM EST
Accepted by the SEC: Mon Nov 15 2021
Period: Thursday, September 30, 2021
Industry: Crude Petroleum And Natural Gas

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