Reserve Petroleum (OTCMKTS:RSRV) Trading Down 5.7% – Here’s Why

The Reserve Petroleum Company (OTCMKTS:RSRVGet Free Report) shares fell 5.7% during trading on Monday . The company traded as low as $166.00 and last traded at $166.00. 3 shares changed hands during trading, a decline of 98% from the average session volume of 124 shares. The stock had previously closed at $176.00.

Reserve Petroleum Trading Down 5.7%

The business has a fifty day moving average price of $174.45 and a 200 day moving average price of $169.63.

Reserve Petroleum (OTCMKTS:RSRVGet Free Report) last released its earnings results on Friday, November 14th. The company reported $9.02 EPS for the quarter. The company had revenue of $4.47 million for the quarter.

About Reserve Petroleum

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Reserve Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reserve Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.