The Reserve Petroleum Company announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 1.196 million compared to USD 1.276 million a year ago. Operating loss was USD 943,168 compared to USD 273,430 a year ago. Net loss was USD 737,048 compared to USD 179,538 a year ago. Basic loss per share from continuing operations was USD 4.71 compared to USD 1.15 a year ago. For the nine months, total revenue was USD 3.076 million compared to USD 4.804 million a year ago. Operating loss was USD 2.583 million compared to operating Income of USD 617,884 a year ago. Net loss was USD 1.807 million compared to net income of USD 875,419 a year ago. Basic loss per share from continuing operations was USD 11.54 compared to basic earnings per share from continuing operations of USD 5.58 a year ago.