The Reserve Petroleum Company reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 0.295544 million compared to USD 0.009804 million a year ago. Revenue was USD 16.17 million compared to USD 9.12 million a year ago.

Net income was USD 4 million compared to USD 1.25 million a year ago. Basic earnings per share from continuing operations was USD 25.62 compared to USD 8 a year ago.