The energy sector has been in major focus among investors over the past few months and there are many stocks which may now be worth looking into. However, at the same time, it ought to be noted that it may also be the right time to look into certain disruptive companies in the energy exploration space which are making waves. This article gives you a quick look into five companies in that space that are not only doing disruptive work but their stocks are gaining momentum as well.
American Manganese Inc (OTCMKTS:AMYZF) (AMY.V) – American Manganese Inc is a company that is involved in the lithium mining space and has also emerged as an important player in the lithium-ion battery industry.
As it happens, the company did come into focus back on Friday after it announced that its Chief Technical Officer and Director, ZarkoMeseldzija, would be participating in an energy transitional conference. The conference in question is going to be held on July 21 and is going to be hosted by UBS research analyst Jon Windham. It is going to be interesting to see if the American Manganese stock comes into focus in the lead-up to that day.
Houston Natural Resources Corp (OTCMKTS:HNRC) – Houston Natural Resources Corp is an innovative energy company that is not only involved in the oil and gas industry but also holds significant interests in wastewater treatment facilities. However, it is also important to point out that the company also owns non-energy assets which are valued at as much as $33 million.
Last week Houston Natural Resources Corp announced that it was going to spin the non-energy assets into a new subsidiary named Worldwide Diversified Holdings Inc. Shareholders in Houston Natural Resources Corp are going to get shares in the subsidiary which is going to be commensurate with their shareholding in the parent company.
SusGlobal Energy Corp (OTCMKTS: SNRG) – Another disruptive energy company stock that gained momentum in recent days is of SusGlobal Energy Corp. The company deploys its own technologies for the purpose of converting waste to energy and also for the production of other regenerative products. It is currently well known for having developed SusGro, an innovative pathogen-free, and organic liquid fertilizer.
Renforth Resources Inc (OTCMKTS: RFHRF) – If you are currently looking for a play in the $34 billion nickel industry then the Renforth Resources Inc stock could be the one to look into. The company is involved in mining both nickel and zinc and both those metals have now been accorded critical minerals statures in the United States this year. The company has also managed to make a move into the explosive lithium-ion battery space in recent times.
CFTN Earlier on in the month on July 6, the Clifton Mining Company was in the news after it provided its much-anticipated production report. In the three months that ended on May 31, 2022, it had managed to produce as much as 765 ounces of gold and as much as 767 ounces of silver from its leach pad.