The Reserve Petroleum Company (OTCMKTS:RSRV – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 34 shares, the short-interest ratio is currently 0.1 days.
Reserve Petroleum Stock Performance
Shares of OTCMKTS RSRV opened at $212.00 on Monday. Reserve Petroleum has a 1-year low of $161.88 and a 1-year high of $234.50. The business has a fifty day moving average price of $213.07 and a 200 day moving average price of $212.77.
Reserve Petroleum (OTCMKTS:RSRV – Get Free Report) last announced its earnings results on Friday, August 14th. The company reported $16.82 EPS for the quarter. The firm had revenue of $6.07 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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