RSRV (The Reserve Petroleum Co) Piotroski F-Score: 8 (As of Jun. 26, 2026) — 14% Above Median


RSRV The Reserve Petroleum Co RSRV
76 GF Score
Price $211.00
GF Value $215.17
Valuation Fairly Valued
! 1 Warning Sign
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What is The Reserve Petroleum Co Piotroski F-Score?

The Reserve Petroleum Co RSRV 76 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates RSRV with a GF Score™ of 76/100 and a GF Value™ of $215.17 (Fairly Valued). The stock has 1 warning sign investors should review. Among 974 Oil & Gas companies, The Reserve Petroleum Co ranks better than 98.36% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

The Reserve Petroleum Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for The Reserve Petroleum Co's Piotroski F-Score or its related term are showing as below:

RSRV' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of The Reserve Petroleum Co was 9. The lowest was 4. And the median was 7.

The Reserve Petroleum Co  (OTCPK:RSRV) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


The Reserve Petroleum Co Piotroski F-Score Related Terms


The Reserve Petroleum Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for The Reserve Petroleum Co's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Reserve Petroleum Co Piotroski F-Score Chart

The Reserve Petroleum Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 7.00 4.00 8.00 8.00

The Reserve Petroleum Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.00 9.00 8.00 8.00 8.00

RSRV vs BATL, EONR, SPND: Piotroski F-Score Comparison

For the Oil & Gas E&P subindustry, The Reserve Petroleum Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Reserve Petroleum Co Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, The Reserve Petroleum Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where The Reserve Petroleum Co's Piotroski F-Score falls into.


RSRV
76GF Score
The Reserve Petroleum Co RSRV
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 1.197 + 1.369 + 0.56 + 1.007 = $4.13 Mil.
Cash Flow from Operations was 3.105 + 2.368 + 2.561 + 2.731 = $10.77 Mil.
Revenue was 3.498 + 4.468 + 5.168 + 5.554 = $18.69 Mil.
Gross Profit was 1.555 + 2.376 + 0.483 + 2.845 = $7.26 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(38.399 + 38.359 + 41.018 + 41.609 + 42.083) / 5 = $40.2936 Mil.
Total Assets at the begining of this year (Mar25) was $38.40 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $10.49 Mil.
Total Current Liabilities was $1.33 Mil.
Net Income was 1.05 + 1.749 + -1.507 + 1.778 = $3.07 Mil.

Revenue was 3.882 + 4.171 + 4.315 + 4.308 = $16.68 Mil.
Gross Profit was 1.929 + 2.659 + -0.599 + 2.352 = $6.34 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(38.047 + 36.872 + 38.464 + 36.38 + 38.399) / 5 = $37.6324 Mil.
Total Assets at the begining of last year (Mar24) was $38.05 Mil.
Long-Term Debt & Capital Lease Obligation was $0.97 Mil.
Total Current Assets was $11.21 Mil.
Total Current Liabilities was $0.43 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

The Reserve Petroleum Co's current Net Income (TTM) was 4.13. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

The Reserve Petroleum Co's current Cash Flow from Operations (TTM) was 10.77. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=4.133/38.399
=0.10763301

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3.07/38.047
=0.08068967

The Reserve Petroleum Co's return on assets of this year was 0.10763301. The Reserve Petroleum Co's return on assets of last year was 0.08068967. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

The Reserve Petroleum Co's current Net Income (TTM) was 4.13. The Reserve Petroleum Co's current Cash Flow from Operations (TTM) was 10.77. ==> 10.77 > 4.13 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/40.2936
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0.973/37.6324
=0.02585538

The Reserve Petroleum Co's gearing of this year was 0. The Reserve Petroleum Co's gearing of last year was 0.02585538. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=10.488/1.33
=7.88571429

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=11.21/0.429
=26.13053613

The Reserve Petroleum Co's current ratio of this year was 7.88571429. The Reserve Petroleum Co's current ratio of last year was 26.13053613. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

The Reserve Petroleum Co's number of shares in issue this year was 0.152. The Reserve Petroleum Co's number of shares in issue last year was 0.152. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=7.259/18.688
=0.38843108

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6.341/16.676
=0.38024706

The Reserve Petroleum Co's gross margin of this year was 0.38843108. The Reserve Petroleum Co's gross margin of last year was 0.38024706. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=18.688/38.399
=0.48667934

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=16.676/38.047
=0.4383

The Reserve Petroleum Co's asset turnover of this year was 0.48667934. The Reserve Petroleum Co's asset turnover of last year was 0.4383. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

The Reserve Petroleum Co has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
The Reserve Petroleum Co (RSRV) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Reserve Petroleum Co and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, The Reserve Petroleum Co's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, The Reserve Petroleum Co ranks #16 out of 974 companies in the Oil & Gas industry, placing it in the top 1.6%.
Is The Reserve Petroleum Co's Piotroski F-Score too high?
The Reserve Petroleum Co's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Oil & Gas industry median Piotroski F-Score is 5.00. The Reserve Petroleum Co's value of 8 is 60% above this industry median. Based on the distribution chart, The Reserve Petroleum Co ranks #16 out of 974 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, The Reserve Petroleum Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Reserve Petroleum Co's Piotroski F-Score compare to BATL and EONR?
According to the Oil & Gas industry distribution chart, The Reserve Petroleum Co ranks #16 out of 974 companies for Piotroski F-Score. This places The Reserve Petroleum Co in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. The Reserve Petroleum Co's value of 8 is 60% above this benchmark. Historically, The Reserve Petroleum Co's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, The Reserve Petroleum Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 974 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Reserve Petroleum Co's current Piotroski F-Score of 8 is 60% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Reserve Petroleum Co and its competitors. For the Oil & Gas industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Reserve Petroleum Co's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Reserve Petroleum Co stock overvalued right now?
Based on GuruFocus' analysis, The Reserve Petroleum Co (RSRV) is currently considered Fairly Valued. The stock's GF Value™ is $215.17, compared to a current price of $211.00 — trading 1.9% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Oil & Gas industry median of 5.00. The Reserve Petroleum Co's overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For The Reserve Petroleum Co (RSRV), the current Piotroski F-Score is 8 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Reserve Petroleum Co (RSRV) Overvalued in 2026?

Based on GuruFocus' analysis, The Reserve Petroleum Co stock appears to be undervalued. The current stock price of $211.00 is trading 1.9% below its estimated GF Value™ of $215.17. GuruFocus considers The Reserve Petroleum Co to be Fairly Valued.

Key valuation signals for RSRV:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: $215.17 vs. price of $211.00 (1.9% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 60% above the Oil & Gas median (#16 of 974)

No single metric tells the full story. See the RSRV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Reserve Petroleum Co Business Description

Industry EnergyOil & Gas
Address 6801 Broadway Extension, Suite 300, Oklahoma City, OK, USA, 73116-9037
The Reserve Petroleum Co is an independent oil and gas company engaged in oil and natural gas exploration, development, and minerals management with areas of concentration in Arkansas, Kansas, Oklahoma, South Dakota, Texas, and Wyoming, a single business segment.
76GF Score

Get the complete analysis for RSRV

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$211.00
Price
$215.17
GF Value