Reserve Petroleum (OTCMKTS:RSRV) Trading 12.3% Higher

The Reserve Petroleum Company (OTCMKTS:RSRVGet Free Report) shares traded up 12.3% during mid-day trading on Monday . The stock traded as high as $174.00 and last traded at $174.00. 5 shares were traded during trading, a decline of 98% from the average session volume of 221 shares. The stock had previously closed at $155.00.

Reserve Petroleum Stock Performance

The firm has a 50 day moving average price of $174.34 and a 200-day moving average price of $174.63.

Reserve Petroleum (OTCMKTS:RSRVGet Free Report) last posted its quarterly earnings data on Wednesday, May 15th. The company reported $4.75 earnings per share for the quarter. The business had revenue of $3.63 million for the quarter.

Reserve Petroleum Announces Dividend

The business also recently announced an annual dividend, which was paid on Tuesday, June 18th. Stockholders of record on Wednesday, June 5th were issued a $10.00 dividend. The ex-dividend date of this dividend was Wednesday, June 5th. This represents a dividend yield of 5.41%.

Reserve Petroleum Company Profile

(Get Free Report)

The Reserve Petroleum Company, an independent oil and gas company, engages in 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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