Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) issued its quarterly earnings data on Friday. The company reported $16.82 EPS for the quarter, Zacks reports. The company had revenue of $6.07 million during the quarter.
Reserve Petroleum Price Performance
Shares of OTCMKTS:RSRV opened at $212.00 on Friday. Reserve Petroleum has a 52-week low of $161.88 and a 52-week high of $234.50. The stock has a 50 day moving average price of $213.07 and a 200-day moving average price of $212.65.
Reserve Petroleum Company Profile
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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