Shares of The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) shot up 9.1% on Thursday . The company traded as high as $174.50 and last traded at $174.50. 1 shares were traded during mid-day trading, a decline of 100% from the average session volume of 206 shares. The stock had previously closed at $160.00.
Reserve Petroleum Price Performance
The company has a fifty day moving average of $163.77 and a two-hundred day moving average of $171.38.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported $6.83 earnings per share for the quarter. The firm had revenue of $3.88 million during the quarter.
About Reserve Petroleum
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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