The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, a growth of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 34 shares, the days-to-cover ratio is presently 0.1 days.
Reserve Petroleum Price Performance
RSRV opened at $215.00 on Tuesday. Reserve Petroleum has a 1 year low of $161.88 and a 1 year high of $234.50. The company’s 50 day simple moving average is $213.13 and its 200 day simple moving average is $212.93.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported $16.82 earnings per share (EPS) for the quarter. The company had revenue of $6.07 million for the quarter.
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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