Reserve Petroleum Co
- Cameron McLainPresident & Chief Executive Officer · Company website
- Kyle McLainExecutive Vice President & Chairman of the Board · Company website
- Buck FrancisChief Financial Officer · Company website
- Mack McLainExploration Manager · Company website
How we got $16.7M
Based on SEC filings (FY2025).
What we know
What they do
The Reserve Petroleum Company is an oil and natural gas exploration, development, and investment management business that works with partners and stockholders on its investments.
From the company's website. Industry: Oil & gas.
Employees over time
▲ 14% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 7 | $2.5M |
| 2021 | Form 5500 | 5 | $1.8M |
| 2022 | Form 5500 | 6 | $2.2M |
| 2023 | Form 5500 | 6 | $2.2M |
| 2024 | Form 5500 | 7 | $2.5M |
| 2025 | Form 5500 | 8 | $2.9M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Reserve Petroleum Co this business | $16.7M | — |
| ARNOLD OIL PROPERTIES LLC Oklahoma City · 8 employees | $5.0M | 0.0 mi |
| SEA MOUNT EXPLORATION Oklahoma City · 2 employees | $655K | 0.1 mi |
| HULEN OPERATING COMPANY Oklahoma City · 2 employees | $669K | 0.1 mi |
| TRES MANAGEMENT INC Oklahoma City · 17 employees | $5.5M | 0.1 mi |
| Dorchester Energy Management Oklahoma City | $1.5M | 0.3 mi |
| American Energy Partners, Lp Oklahoma City | $1.5M | 0.3 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its SEC annual report (10-K), not an estimate.
| Revenue range | $15.9M – $17.5M |
| EBITDA range | $4.1M – $4.5M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“Our Company was founded in 1931 as Farmers Royalty Holding Company, by GT Blankenship and M.E. Trapp, the sixth governor of Oklahoma, by trading mineral acres for stock in the Company.”
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Reserve Petroleum Co
Reserve Petroleum Co is an oil & gas company in Oklahoma City, Oklahoma, in business since 1931. It is owned by GT Blankenship and M.E. Trapp (Founder). Its reported annual revenue is about $16.7M, with roughly $4.3M of EBITDA. It has about 8 employees.
Common questions
- Who owns Reserve Petroleum Co?
- Reserve Petroleum Co is owned by GT Blankenship and M.E. Trapp (Founder), according to public sources such as the company's website or filings.
- How much revenue does Reserve Petroleum Co make?
- Reserve Petroleum Co reported revenue of about $16.7M.
- How many employees does Reserve Petroleum Co have?
- About 8, from its 2025 retirement-plan filing.
- When was Reserve Petroleum Co founded?
- Reserve Petroleum Co has been in business since 1931.