The Reserve Petroleum Company announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1.571 million compared to USD 600,631 a year ago. Operating income was USD 305,306 compared to operating loss of USD 346,601 a year ago.

Net income was USD 643,171 compared to USD 71,868 a year ago. Basic earnings per share from continuing operations was USD 4.11 compared to USD 0.46 a year ago. For the half year, total revenue was USD 3.171 million compared to USD 1.879 million a year ago.

Operating income was USD 544,215 compared to operating loss of USD 1.640 million a year ago. Net income was USD 902,637 compared to net loss of USD 1.070 million a year ago. Basic earnings per share from continuing operations was USD 5.77 compared to basic loss per share from continuing operations of USD 6.83 a year ago.