The Fieldpoint Petroleum Co. (FPP) Announces Earnings Results

The Fieldpoint Petroleum Co. (FPP) Announces  Earnings Results

Fieldpoint Petroleum (NYSEMKT:FPP) opened at 0.3613 on Monday. Fieldpoint Petroleum has a 1-year low of $0.26 and a 1-year high of $1.00. The firm’s 50 day moving average price is $0.34 and its 200-day moving average price is $0.53. The stock’s market cap is $3.85 million.

Fieldpoint Petroleum Co. (NYSEMKT:FPP) released its quarterly earnings data on Monday. The energy company reported ($0.04) earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $0.84 million during the quarter.

Separately, ValuEngine lowered Fieldpoint Petroleum from a “buy” rating to a “hold” rating in a research note on Friday. About Fieldpoint Petroleum

FieldPoint Petroleum Corporation is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, South Central Texas and Wyoming. The Company’s principal oil and natural gas properties include Block A-49, Spraberry Trend, Giddings Field and Serbin Field in Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field and Loving North Morrow Field in New Mexico; Apache Field, Chickasha Field and West Allen Field in Oklahoma; Longwood Field in Louisiana, and Big Muddy Field in Wyoming.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FPP”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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