The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report)’s share price fell 5.1% on Tuesday . The company traded as low as $177.05 and last traded at $177.05. 12 shares were traded during mid-day trading, a decline of 85% from the average session volume of 78 shares. The stock had previously closed at $186.50.
Reserve Petroleum Trading Down 5.1%
The stock has a fifty day simple moving average of $180.58 and a 200-day simple moving average of $172.78.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last issued its earnings results on Friday, November 14th. The company reported $9.02 earnings per share for the quarter. The business had revenue of $4.47 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.
See Also
- Five stocks we like better than Reserve Petroleum
- Wall Street Alert: Buy AES
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- The Crash Has Already Started (Most Just Don’t See It Yet)
- Trump’s AI Secret: 100X Faster Than Nvidia
Receive News & Ratings for Reserve Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reserve Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
