The Reserve Petroleum Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.104147 million compared to USD 0.009 million a year ago. Revenue was USD 4.41 million compared to USD 1.57 million a year ago. Net income was USD 0.82591 million compared to USD 0.643171 million a year ago. Basic earnings per share from continuing operations was USD 5.29 compared to USD 4.11 a year ago.
For the six months, sales was USD 0.141801 million compared to USD 0.009 million a year ago. Revenue was USD 8.16 million compared to USD 3.17 million a year ago. Net income was USD 2.51 million compared to USD 0.902637 million a year ago. Basic earnings per share from continuing operations was USD 16.08 compared to USD 5.77 a year ago.