RESERVE PETROLEUM CO Overview
Industry: Oil & Gas E&P
Sector: Energy
The Reserve Petroleum Company, an independent oil and gas company, engages in the oil and natural gas exploration and development, and minerals management with areas of concentration in Texas, Oklahoma, Kansas, Arkansas, and South Dakota. It owns non-producing mineral interests of 88,242 net acres located in the north and south-central United States; and has interests in approximately 840 producing properties. The company was incorporated in 1931 and is based in Oklahoma City, Oklahoma.
RESERVE PETROLEUM CO is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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