Reserve Petroleum (OTCMKTS:RSRV) Posts Earnings Results

Reserve Petroleum (OTCMKTS:RSRV) released its quarterly earnings results on Friday. The company reported $9.02 earnings per share (EPS) for the quarter, Zacks reports.

Reserve Petroleum Stock Performance

RSRV stock remained flat at $175.00 during mid-day trading on Friday. The business has a fifty day simple moving average of $172.25 and a 200 day simple moving average of $167.16. Reserve Petroleum has a 12-month low of $150.28 and a 12-month high of $185.00.

Reserve Petroleum Company Profile

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.