The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 5 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 155 shares, the days-to-cover ratio is presently 0.0 days.
Reserve Petroleum Stock Performance
OTCMKTS RSRV opened at $211.00 on Wednesday. The business’s 50 day moving average is $221.11 and its two-hundred day moving average is $205.66. Reserve Petroleum has a 12-month low of $154.00 and a 12-month high of $234.50.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported $6.64 EPS for the quarter. The business had revenue of $5.55 million during the quarter.
About Reserve Petroleum
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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