The Reserve Petroleum Company

OTCPK:RSRV Stock Report

Market Cap: US$24.0m

Reserve Petroleum Management

Management criteria checks 4/4

Reserve Petroleum's CEO is Cameron McLain, appointed in May 1982, has a tenure of 42.08 years. total yearly compensation is $299.60K, comprised of 79.3% salary and 20.7% bonuses, including company stock and options. directly owns 8.39% of the company’s shares, worth $2.01M. The average tenure of the management team and the board of directors is 16.1 years and 21.1 years respectively.

Key information

Cameron McLain

Chief executive officer

US$299.6k

Total compensation

CEO salary percentage79.3%
CEO tenure42.1yrs
CEO ownership8.4%
Management average tenure16.1yrs
Board average tenure21.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cameron McLain's remuneration changed compared to Reserve Petroleum's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$269k

Dec 31 2023US$300kUS$238k

-US$56k

Sep 30 2023n/an/a

US$2m

Jun 30 2023n/an/a

US$2m

Mar 31 2023n/an/a

US$3m

Dec 31 2022US$258kUS$198k

US$4m

Sep 30 2022n/an/a

US$3m

Jun 30 2022n/an/a

US$3m

Mar 31 2022n/an/a

US$3m

Dec 31 2021US$219kUS$174k

US$1m

Sep 30 2021n/an/a

US$1m

Jun 30 2021n/an/a

US$16k

Mar 31 2021n/an/a

-US$555k

Dec 31 2020US$210kUS$168k

-US$2m

Sep 30 2020n/an/a

-US$3m

Jun 30 2020n/an/a

-US$2m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$209kUS$168k

-US$267k

Sep 30 2019n/an/a

US$635k

Jun 30 2019n/an/a

US$2m

Mar 31 2019n/an/a

US$2m

Dec 31 2018US$207kUS$168k

US$2m

Sep 30 2018n/an/a

US$2m

Jun 30 2018n/an/a

US$2m

Mar 31 2018n/an/a

US$429k

Dec 31 2017US$205kUS$166k

US$686k

Compensation vs Market: Cameron's total compensation ($USD299.60K) is below average for companies of similar size in the US market ($USD683.86K).

Compensation vs Earnings: Cameron's compensation has been consistent with company performance over the past year.


CEO

Cameron McLain (65 yo)

42.1yrs

Tenure

US$299,604

Compensation

Mr. Cameron R. McLain has been the Chief Executive Officer of The Reserve Petroleum Company since May 19, 2009 and its President since May 20, 2008. He has been Exploration Manager of Reserve Petroleum Co....


Leadership Team

NamePositionTenureCompensationOwnership
Kyle McLain
Chairman of the Board18.1yrsUS$291.00k8%
$ 1.9m
Cameron McLain
CEO, President42.1yrsUS$299.60k8.39%
$ 2.0m
Lawrence Francis
1st VP, CFO6.4yrsUS$194.47kno data

16.1yrs

Average Tenure

65yo

Average Age

Experienced Management: RSRV's management team is seasoned and experienced (16.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kyle McLain
Chairman of the Board18.1yrsUS$291.00k8%
$ 1.9m
Cameron McLain
CEO, President18.1yrsUS$299.60k8.39%
$ 2.0m
Doug Fuller
Independent Director24.1yrsUS$5.40kno data
Marvin Harris
Independent Director33.1yrsUS$5.70kno data
Robert Savage
Director49.1yrsUS$3.00k1.27%
$ 305.4k
William Smith
Independent Director26.1yrsUS$4.50kno data
James Tyler
Director6.1yrsUS$4.50kno data
Eddy Ditzler
Independent Director3.1yrsUS$6.50kno data

21.1yrs

Average Tenure

68yo

Average Age

Experienced Board: RSRV's board of directors are seasoned and experienced ( 21.1 years average tenure).


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