The Reserve Petroleum Company announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 1.276 million compared to USD 2.167 million a year ago. Operating loss was USD 273,430 compared to operating Income of USD 909,961 a year ago. Net loss was USD 179,538 compared to net income of USD 901,253 a year ago. Basic loss per share from continuing operations was USD 1.15 compared to basic earnings per share from continuing operations of USD 5.73 a year ago. For the nine months, total revenue was USD 4.804 million compared to USD 6.529 million a year ago. Operating income was USD 617,884 compared to USD 2.090 million a year ago. Net income was USD 875,419 compared to USD 2.554 million a year ago. Basic earnings per share from continuing operations was USD 5.58 compared to USD 16.22 a year ago.