Zacks Investment Research upgraded shares of Midstates Petroleum Company Inc (NASDAQ:MPOYQ) from a hold rating to a buy rating in a research report report published on Wednesday morning.

According to Zacks, “Midstates Petroleum Company, Inc. is engaged in the exploration and development of oil and natural gas properties in central Louisiana. Midstates Petroleum Company, Inc. is based in Houston, Texas. “

Midstates Petroleum Company (NASDAQ:MPOYQ) opened at 0.12 on Wednesday. The company’s market capitalization is $1.28 million. Midstates Petroleum Company has a 52 week low of $0.05 and a 52 week high of $4.98. The firm has a 50-day moving average price of $0.16 and a 200-day moving average price of $0.17.

About Midstates Petroleum Company

Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.

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