Reserve Petroleum Q2 FY26 net income more than doubles to $2.55 million; revenue rises 54% to $5.35 million

Reuters2026/08/14 20:41

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Reserve Petroleum posted Q2 net income attributable to common stockholders of $2.55 million, more than doubled from a year earlier.
Earnings per share rose to $16.82 in the quarter, up from $7.88 a year earlier.
Revenue from oil and gas sales climbed 54% to $5.35 million, driven by higher oil volumes and a $91.84 average oil price.
Operating costs and expenses increased 34% to $3.51 million, led by higher production costs and DD&A.
Six-month net income attributable to common stockholders rose 20% to $3.56 million as oil and gas sales revenue grew 49% to $10.89 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reserve Petroleum Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000083350-26-000016), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Reserve Petroleum Q2 FY26 net income more than doubles to $2.55 million; revenue rises 54% to $5.35 million

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