RESERVE PETROLEUM CO Annual Income Tax Expense (Benefit) in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Reserve Petroleum Co quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2024.
  • Reserve Petroleum Co Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was -$470K, a 14.4% increase year-over-year.
  • Reserve Petroleum Co Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $499K.
  • Reserve Petroleum Co annual Income Tax Expense (Benefit) for 2024 was $499K.
  • Reserve Petroleum Co annual Income Tax Expense (Benefit) for 2023 was -$171K, a 116% decline from 2022.
  • Reserve Petroleum Co annual Income Tax Expense (Benefit) for 2022 was $1.07M.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $499K +$671K Jan 1, 2024 Dec 31, 2024 10-K 2025-03-31
2023 -$171K -$1.24M -116% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-31
2022 $1.07M +$1.13M Jan 1, 2022 Dec 31, 2022 10-K 2024-03-28
2021 -$54.9K +$479K +89.7% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 -$534K -$311K -140% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 -$223K -$611K -158% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-31
2018 $388K +$970K Jan 1, 2018 Dec 31, 2018 10-K 2020-03-30
2017 -$583K -$410K -237% Jan 1, 2017 Dec 31, 2017 10-K 2019-03-27
2016 -$173K +$1.3M +88.3% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-29
2015 -$1.47M -$3.59M -170% Jan 1, 2015 Dec 31, 2015 10-K 2017-03-29
2014 $2.12M +$220K +11.6% Jan 1, 2014 Dec 31, 2014 10-K 2016-03-30
2013 $1.9M +$246K +14.9% Jan 1, 2013 Dec 31, 2013 10-K 2015-03-30
2012 $1.65M -$164K -9.03% Jan 1, 2012 Dec 31, 2012 10-K 2014-03-28
2011 $1.82M -$50K -2.68% Jan 1, 2011 Dec 31, 2011 10-K/A 2013-03-29
2010 $1.87M Jan 1, 2010 Dec 31, 2010 10-K 2012-03-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.