The Reserve Petroleum Company announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 1.600 million compared to USD 1.278 million a year ago. Operating income was USD 238,909 compared to operating loss of USD 1.293 million a year ago. Net income was USD 259,466 compared to net loss of USD 1.141 million a year ago. Basic earnings per share from continuing operations was USD 1.66 compared to basic loss per share from continuing operations of USD 7.29 a year ago.