The oil and gas industry has been quite volatile this year owing to the Russia-Ukraine war. Russia is one of the world’s biggest oil producers and the associated sanctions owing to the war led to massive swings in oil prices throughout the year so far. Hence, it is a sector that has seen significant swings in stock price actions as well. Now that the third fiscal quarter of the year is here, it may be a good time for investors to take a look at some energy penny stocks which may be worth tracking.
Houston Natural Resources Corp (OTCMKTS:HNRC) – It may be a good time for investors to consider tracking the energy company Houston Natural Resources Corp, which is valued at around $10 million at this point in time.
Although the company does have significant oil and gas interests, it could also be said that it is a diversified entity. Houston Natural Resources Corp is also involved in recycling as well as oil field waste disposal which sets the company up as an environmental play as well. The company is based out of Houston and it could well be the right time to start tracking it over the course of the third quarter.
Mass Megawatts Wind Power Inc (OTCMKTS: MMMW) – If you are currently looking for an option in the green energy sector then it may be a good time to take a look at the Mass Megawatts Wind Power Inc stock. At a time when oil prices are rising, green energy could well be the one to look into for many consumers.
As it happens, back on August 31, the company was in the news after it announced that it had managed to boost its Solar Tracking technology and hence, production of energy was going to be improved by as much as 7%.
American Manganese Inc (OTCMKTS: AMYZF) – The battery upcycling and recycling company American Manganese Inc is another energy sector company that is interesting at this point.
Back on August 31, the company had in fact been in the news after it announced that its patented process had the wherewithal to produce less carbon dioxide than the other prevalent upcycling and recycling methods in the industry. It was an important announcement and one that may have been noticed by investors.
Hydro Power Technologies (OTCMKTS:PYBX) develops and delivers innovative green hydropower technology solutions that is cost-effective. It’s a proprietary hydraulic transient control valve system called Hammer1 System to propel impact turbine-driven electrical generators. Clean, Safe, and Renewable Technology.
In addition to that, the company has also managed to develop a system that can raise the power output from an impact turbine hydro generation system. The last time the company was actually in the news was back in September last year when it came up with a corporate update with regards to one of its projects.
Infinity Stones Ventures Corp (OTCMKTS:TLOOF) (GEMS.CN) – Last week on September 7, Infinity Stones Ventures Corp had come into focus after it announced that it had been successful in acquiring further 2568 hectares near the Patriot Battery Metals Corvette Project through staking.
The latest acquisition takes the land position of Infinity Stones Ventures to as much as 3850 hectares. The Patriot Battery Metals Corvette Project is located in the James Bay Area in Quebec.
Infinity Stone Ventures Corp (OTCMKTS: GEGR) – Yesterday, Infinity Stone Ventures Corp was in the news after it made an announcement with regards to the fact that it had signed a contract with SGS Canada Inc. The contract had been signed for the purpose of flotation and hydrometallurgical test program that is going to be conducted on a sample weighing 2.7 kg from the Rockstone Graphite Project that is owned by Infinity Stone.
