Following are the major movers in the oil & gas sector over the past trading sessions. Keep an eye on these stocks as momentum is strong.
Contango Oil & Gas Company (NYSEAMERICAN:MCF) stock has seen solid buying interest over the past quarter with a gain of over 7% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 66% so far this year. On Tuesday, MCF stock jumped 9.20% to $3.80 with more than 1.99 million shares exchanged hands, above its average volume of 1 million shares.
Evolution Petroleum Corporation (NYSEAMERICAN:EPM) stock is showing a very bullish move over the past few trading session as the stock jumped to a new 52-week high. In fact the stock has increased by 37% over the past quarter. The stock is trading above 106% from its 52-week low and 20% away from its 52-week high.
Northern Oil and Gas, Inc. (NYSEAMERICAN:NOG) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 37% over the past one quarter. Moreover, the stock has soared 145% so far this year. The stock is trading above 273% from its 52-week low and 22% away from its 52-week high.
Houston American Energy Corp. (NYSEAMERICAN:HUSA) stock continued to trend higher in Tuesday’s trading session. HUSA stock ended higher by 1.82% to $1.68 with more than 111k shares lower hands, below its average volume of 425k shares. The stock is trading above 20% from its 52-week low and 52% away from its 52-week high.
Barnwell Industries, Inc. (NYSEAMERICAN:BRN) stock continued to trade in a range after the recent jump. The stock has moved up about 140% in the past year. The stock is trading above 153% from its 52-week low and just 63% away from its 52-week high.
Allied Energy Corp. (OTCMKTS:AGYP): On a more speculative note, AGYP deserve a look from oil and gas investors as they have recently announced signing a new lease and also struck oil on their leased well sites located in Texas. Global energy prices are at 7 year highs. With the need for more domestic energy growing apparent, AGYP and its US based exploration projects may benefit. AGYP recently issued news that they have achieved production on the #1, #2, and #5 wells of the Gilmer Lease in Texas. AGYP announced they are making progress on the Prometheus lease as well.