The Reserve Petroleum Company announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 600,631 compared to USD 1.927 million a year ago. Operating loss was USD 346,601 compared to operating Income of USD 540,703 a year ago. Net income was USD 71,868 compared to USD 722,622 a year ago. Basic earnings per share from continuing operations was USD 0.46 compared to USD 4.61 a year ago. For the half year, total revenue was USD 1.879 million compared to USD 3.527 million a year ago. Operating loss was USD 1.640 million compared to operating Income of USD 891,314 a year ago. Net loss was USD 1.070 million compared to net income of USD 1.054 million a year ago. Basic loss per share from continuing operations was USD 6.83 compared to basic earnings per share from continuing operations of USD 6.72 a year ago.