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.
Enerplus Corporation (NYSE:ERF) stock has seen solid buying interest over the past month with a gain of over 12% and leading the top spot in the oil & gas sector. However, the stock has soared 203% so far this year. On Thursday, ERF stock jumped 0.11% to $9.49 with more than 1.95 million shares exchanged hands, above its average volume of 1.73 million shares.
Helmerich & Payne Inc. (NYSE:HP) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 10% over the past one month. Moreover, the stock has soared 45% so far this year. The stock is trading above 124% from its 52-week low and 7% away from its 52-week high.
Noble Corporation (NYSE:NE) stock continued to trend higher in Thursday’s trading session. NE stock ended higher by 2.10% to $27.29 with more than 192K shares exchanged hands, below its average volume of 265K shares. The stock is trading above 35% from its 52-week low and 7% 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 86% over the past quarter. The stock is trading above 617% from its 52-week low and 15% away from its 52-week high.
Whiting Petroleum Corporation (NYSE:WLL) stock continued to trade in a range after the recent jump. The stock has moved up about 330% in the past year. The stock is trading above 344% from its 52-week low and just 7% away from its 52-week high.
Helmerich & Payne, Inc. (NYSE:RIG) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 5% over the past one quarter. Moreover, the stock has soared 58% so far this year. The stock is trading above 342% from its 52-week low and 28% 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.
