NYSE Oil & Gas Report: SM, CPE, OXY, EOG, DVN

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.

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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.

SM Energy Company (NYSE:SM) stock has seen buying interest over the past few months with a jump of over 22% over the past quarter and leading the top spot in the oil & gas sector. Moreover, the stock has fallen 16% so far this year. On Tuesday, SM stock was up 8% to $34.14 with more than 14.91 million shares exchanged hands, above its average volume of 2.68 million shares. 

Callon Petroleum Company (NYSE:CPE) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 18% over the past one month. Moreover, the stock has soared 285% over the past year. The stock is trading above 355% from its 52-week low and 15% away from its 52-week high.

Occidental Petroleum Corporation (NYSE:OXY) stock continued to trend higher in Tuesday’s trading session. OXY stock ended higher by 7.47% to $33.38 with more than 26.50 million shares exchanged hands, below its average volume of 15.12 million shares. The stock is trading above 92% from its 52-week low and 6% away  from its 52-week high.

EOG Resources, Inc. (NYSE:EOG) is another stock in the energy sector which has been showing consistent rise. The stock moved up 4.60% on Tuesday on higher than average volume. Moreover, the stock has soared 83% over the past year. The stock is trading above 103% from its 52-week low and 1% away  from its 52-week high.

Devon Energy Corporation (NYSE:DVN) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 18% over the past one month. Moreover, the stock has jumped 8.20% so far this year. The stock is trading above 222% from its 52-week low and 1% away  from its 52-week high.