Breakout Pick of The Day (PDO)

PDO - Pyramid Oil & Gas

Buy Price: $ 16.55
Stop Loss: $15.23
1st Price Target: $19.86
2nd Price Target: $23.83

Pyramid Oil Company engages in the exploration, development, and production of crude oil and natural gas. It holds oil and gas property interests primarily in California, as well as in New York, Wyoming, and Texas. The company sells oil and gas primarily to crude oil purchasers, refineries, or pipeline companies. As of January 1, 2008, it had proved developed and undeveloped reserves of 806,000 barrels of crude oil and 331 million cubic feet of gas. The company was founded in 1909 and is based in Bakersfield, California.

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