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.
SandRidge Energy, Inc. (NYSE:SD) stock has seen solid buying interest over the past month with a gain of over 4% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 285% so far this year. On Friday, SD stock ended jumped 3.92% to $11.93 with more than 434K shares exchanged hands, above its average volume of 887k shares.
W&T Offshore, Inc. (NYSE:WTI) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 39% over the past one month. Moreover, the stock has soared 115% so far this year. The stock is trading above 245% from its 52-week low and 9% away from its 52-week high.
Continental Resources Inc. (NYSE:CLR) stock continued to trend higher in Friday’s trading session. CLR stock ended higher by 3.15% to $51.35 with more than 1.34 million shares exchanged hands, below its average volume of 1.70 million shares. The stock has moved up about 15% in the past one month. The stock is trading above 342% from its 52-week low and 7.5% away from its 52-week high.
MV Oil Trust (NYSE:MVO) 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 5% over the past month. The stock is trading above 243% from its 52-week low and 17% away from its 52-week high.
Noble Corporation (NYSE:NE) stock is in bullish zone considering the stock jumped to multi-month high last week. The stock has moved up about 7% in the past year. The stock is trading above 30% from its 52-week low and just 10% away from its 52-week high.
Whiting Petroleum Corporation (NYSE:WLL) stock is in bullish zone considering the stock jumped to multi-month high last week. The stock has moved up about 310% in the past year. The stock is trading above 389% from its 52-week low and just 4.77% 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 issued news Thursday that they have achieved production on the #1, #2, and #5 wells of the Gilmer Lease in Texas.
