Oil prices have been inching higher to a multi-year highs and oil and gas stocks have been on the move the last week. These stocks should be in your watchlist this week.
Sculptor Capital Management, Inc. (NYSE:SCU) stock has seen solid buying interest over the past quarter with a gain of over 13% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 74% so far this year. Sculptor Capital Management, Inc. is a publicly owned hedge fund sponsor. The firm provides investment advisory services to its clients. It primarily caters to institutional investors, which include pension funds, fund-of-funds.
Ivanhoe Capital Acquisition Corp. (NYSE:IVAN) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 4% over the past one week. Moreover, the stock has fallen 5% Ivanhoe Capital Acquisition Corp. does not have significant operations. The stock is trading above 8% from its 52-week low and 7% away from its 52-week high.
MV Oil Trust (NYSE:MVO) stock continued to trend higher in Friday’s trading session. MVO stock ended higher by 0.60% to $8.41 with more than 30k shares exchanged hands, below its average volume of 101k shares. The stock has moved up about 1% in the past one week. The stock is trading above 243% from its 52-week low and 18% away from its 52-week high.
Continental Resources, Inc. (NYSE:CLR) 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 6% over the past month. The stock is trading above 320% from its 52-week low and 12% away from its 52-week high.
Whiting Petroleum Corporation (NYSE:WLL) stock is in bullish zone considering the stock jumped to multi-month high this week. The stock has moved up about 356% in the past year. The stock is trading above 376% from its 52-week low and just 7% away from its 52-week high.
Tortoise Midstream Energy Fund Inc. (NYSE:NTG) stock continued to trend higher in Friday’s trading session. MVO stock ended higher by 0.30% to $32.21 with more than 69k shares exchanged hands, below its average volume of 25k shares. The stock has moved up about 15% in the past one month. The stock is trading above 123% from its 52-week low and 5% away from its 52-week high.
SandRidge Energy Inc. (NYSE:SD) 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 111% over the past quarter. The stock is trading above 692% from its 52-week low and 13% away from its 52-week high.
Allied Energy Corp. (OTCMKTS: AGYP): On a more speculative note, AGYPdeserve 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.
