Shares of The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) rose 1.7% during mid-day trading on Wednesday . The stock traded as high as $215.00 and last traded at $215.00. 1 shares traded hands during trading, a decline of 99% from the average session volume of 134 shares. The stock had previously closed at $211.40.
Reserve Petroleum Stock Up 1.7%
The company has a 50 day moving average price of $213.37 and a 200 day moving average price of $215.62.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $16.82 earnings per share (EPS) for the quarter. The business had revenue of $6.07 million for the quarter.
About Reserve Petroleum
Reserve Petroleum (OTCMKTS:RSRV) is an independent oil and gas exploration and production company focused on the identification, acquisition and development of hydrocarbon reserves in the United States. The company’s primary activities include geological prospect evaluation, drilling, well completion and production optimization. By leveraging technical expertise in reservoir characterization and field development planning, Reserve Petroleum aims to convert identified reserves into sustained cash flow and long-term production growth.
Operations are concentrated in onshore basins along the U.S.
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