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.
Nano-Cap Stocks Watchlist
Allied Energy Corp. (OTCMKTS:AGYP)is one of the most promising speculative oil & gas plays the market has witnessed in years. At the start of 2021 they were a just another dev. stage exploration company with several leases and a dream. One short year later the company has confirmed and started extracting what will amount to potentially $2 million dollars worth of oil at just one of their many Permian Basin-based projects. With 5 other well sites closing in on production, including one that produced and sold 500+ barrels of oil to close Q4, AGYP has laid the foundation for what looks to be a monumental year for the company. Investors should start their research on AGYP today.
Sea Limited (NYSE:SE) stock was in limelight as the stock bounced back sharply after the recent slump. The stock has slumped 36% over the past year. In a full-throated endorsement, megabank Citigroup declared the sell-off in Sea Limited stock “overdone”. In the analyst’s view, investors have decided to wait to see how Sea Limited’s numbers look in the first quarter “before feeling comfortable to step in” and buy. Once investors see management making moves to improve user engagement, though, and adding new online games to its lineup, Citi believes the stock price will revive — and even end this year an astonishing 158% higher than where it trades today.
VAALCO Energy Inc.(NYSE:EGY) is another stock in the energy sector which has been showing consistent rally and made a new 52-week high. The stock has moved up 50% over the past one month. Moreover, the stock has soared 53% so far this year. The stock is trading above 138% from its 52-week low and 1% away from its 52-week high. Last week, the company declared quarterly cash dividend of $0.0325 a share of common stock for the first quarter of 2022 ($0.13 annualized), payable March 18, 2022 to stockholders of record at the close of business on February 18, 2022.
Gulfport Energy Corporation (NYSE:GPOR) stock bounced back a bit in the previous session after the recent slump. GPOR stock was up 1.57% to $65.45 with more than 87K shares exchanged hands, 1.1X its average volume of 82K shares. The stock is trading above 11% from its 52-week low and 26% away from its 52-week high. Gulfport Energy Corporation engages in the exploration, development, acquisition, and production of natural gas, crude oil, and natural gas liquids (NGL) in the United States.
MV Oil Trust (NYSE:MVO) is another energy stock which has been showing consistent rise. The stock was up 4% to $9.53 on Monday on higher than average volume. Moreover, the stock has soared 7% over the past month. The stock is trading above 164% from its 52-week low and 7% away from its 52-week high. Earlier this month, the company said that the Unitholders of record on January 14, 2022 will receive a distribution amounting to $4,715,000 or $0.41 per unit payable January 25, 2022.
Sasol Limited (NYSE:SSL) is another stock in the energy sector which has been showing consistent rally and made a new 52-week high. The stock has moved up 38% over the past one month. Moreover, the stock has soared 36% so far this year. The stock is trading above 120% from its 52-week low and 0.50% away from its 52-week high. Last week, the company issued its production and sales performance metrics for the six months ended 30 December 2021.
Aspen Aerogels Inc. (NYSE:ASPN) stock bounced back a bit in the previous session after the recent slump. ASPN stock was up 6.57% to $29.70 with more than 326K shares exchanged hands, 1.1X its average volume of 293K shares. The stock is trading above 81% from its 52-week low and 55% away from its 52-week high. The company is scheduled to report its fourth quarter results on Thursday, February 17, 2022, at 5:00 p.m. EST.
Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America.
