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.
Patterson-UTI Energy Inc. (NASDAQ:PTEN) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 25% over the past one quarter. Moreover, the stock has soared 65% so far this year. The stock is trading above 134% from its 52-week low and 22% away from its 52-week high. Recently, the company reported third-quarter 2021 adjusted net loss of 44 cents per share, matching the Zacks Consensus Estimate. However, the loss was narrower than the year-ago quarter’s loss of 60 cents.
Vertex Energy Inc. (NASDAQ:VTNR) stock continued to trade in a range after the recent jump. The stock has moved down about 40% in the past quarter. The stock is trading above 904% from its 52-week low and just 67% away from its 52-week high.
U.S. Energy Corp. (NASDAQ:USEG) stock continued to trade in a range after the recent jump. The stock has moved up about 14% in the past quarter. The stock is trading above 27% from its 52-week low and just 49% away from its 52-week high.
TransGlobe Energy Corporation (NASDAQ:TGA) stock has seen solid buying interest over the past quarter with a gain of over 104% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 244% so far this year. On Tuesday, TGA stock fell 0.60% to $3.31 with more than 997k shares exchanged hands, compared to its average volume of 534K shares.
APA Corporation (NASDAQ:APA) stock continued to trend higher in Tuesday’s trading session. APA stock ended higher by 00354% to $29.62 with more than 8 million shares exchanged hands, below its average volume of 9.63 million shares. The stock is trading above 202% from its 52-week low and 4.90% 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.