Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) released its quarterly earnings results on Friday. The company reported $16.82 EPS for the quarter, Zacks reports.
Reserve Petroleum Stock Performance
Shares of OTCMKTS:RSRV remained flat at $212.00 on Friday. The stock had a trading volume of 190 shares, compared to its average volume of 121. Reserve Petroleum has a fifty-two week low of $161.88 and a fifty-two week high of $234.50. The stock’s 50 day simple moving average is $213.23 and its 200 day simple moving average is $212.66.
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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