Petroleum & Resources Corp. announced earnings results for the year ended December 31, 2012. For the period, the company reported net investment income of $12,359,977 compared to $10,208,955 a year ago.

Net realized gain was $30,465,396 compared to $39,332,517 a year ago. Net asset value per share was $27.84 compared to $28.58 a year ago.