Zacks Investment Research upgraded shares of Midstates Petroleum Company Inc (NASDAQ:MPOYQ) from a hold rating to a buy rating in a report released on Wednesday.
According to Zacks, “Midstates Petroleum Company, Inc. is engaged in the exploration and development of oil and natural gas properties in central Louisiana. Midstates Petroleum Company, Inc. is based in Houston, Texas. “
Midstates Petroleum Company (NASDAQ:MPOYQ) remained flat at $0.12 during midday trading on Wednesday. The company had a trading volume of 13,500 shares. The firm’s 50 day moving average price is $0.16 and its 200-day moving average price is $0.17. Midstates Petroleum Company has a 52-week low of $0.05 and a 52-week high of $5.30. The stock’s market capitalization is $1.28 million.
Midstates Petroleum Company Company Profile
Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.