AMEX Oil Report: GDP, MCF, CKX, BRN, HUSA

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.

Goodrich Petroleum Corporation (NYSEAMERICAN:GDP) stock has seen solid buying interest over the past quarter with a gain of over 37% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 111% so far this year. On Monday, GDP stock jumped 1.10% to $21.37 with more than 44K shares exchanged hands, above its average volume of 100K shares.   

Contango Oil & Gas Company (NYSEAMERICAN:MCF) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 17% over the past one quarter. Moreover, the stock has soared 72% so far this year. The stock is trading above 200% from its 52-week low and 43% away from its 52-week high.  

CKX Lands Inc. (NYSEAMERICAN:CKX) stock continued to trend higher in Monday’s trading session. NOG stock ended higher by 0.50% to $12.09 with more than 144 shares exchanged hands, below its average volume of 326 shares. The stock is trading above 42% from its 52-week low and 38% 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 161% in the past year. The stock is trading above 177% from its 52-week low and just 62% away  from its 52-week high.   

Houston American Energy Corp. (NYSEAMERICAN:HUSA) 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 18% over the past quarter. The stock is trading above 32% from its 52-week low and 48% away from its 52-week high.   

Allied Energy Corp. (OTCMKTS:AGYP) AGYP deserves a look from oil and gas investors, as they recently announced signing a new lease and also struck oil on their leased well sites 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 also making progress on the Prometheus lease.