PostRock Energy (OTCMKTS:PSTRQ) Share Price Passes Above 200 Day Moving Average – Here’s Why

PostRock Energy Corp. (OTCMKTS:PSTRQ) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.00. PostRock Energy shares last traded at $0.00, with a volume of 0 shares trading hands.

PostRock Energy Price Performance

PostRock Energy Company Profile

PostRock Energy Corp., trading on the OTC Markets under the symbol PSTRQ, is an independent oil and gas company engaged in the acquisition, exploration, development and production of unconventional hydrocarbon resources in the United States. The company’s core strategy emphasizes disciplined capital allocation to generate sustainable production growth and maximize asset value across multiple shale plays.

PostRock’s principal assets are concentrated in the Eagle Ford Shale of South Texas, where it employs horizontal drilling and multi-stage hydraulic fracturing technology to unlock oil and natural gas liquids from low-permeability reservoirs.