The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report)’s stock price rose 5.7% on Thursday . The company traded as high as $185.00 and last traded at $185.00. Approximately 310 shares traded hands during mid-day trading, an increase of 95% from the average daily volume of 159 shares. The stock had previously closed at $175.00.
Reserve Petroleum Stock Performance
The business’s fifty day moving average price is $177.13 and its 200-day moving average price is $173.84.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last posted its earnings results on Thursday, March 28th. The company reported ($10.13) earnings per share for the quarter. The business had revenue of $4.16 million during the quarter.
About Reserve Petroleum
The Reserve Petroleum Company operates as an independent oil and gas company. The company engages in the oil and natural gas exploration, development, and minerals management with areas of concentration in Arkansas, Kansas, Oklahoma, South Dakota, Texas, and Wyoming. It owns producing properties and non-producing mineral interests in the north and south-central United States.
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