NYSE Oil & Gas Bounce Back Play: DVN, COG, CPE

August 19, 2021

Following were the major movers in the oil & gas sector on Wednesday. Make sure to put these on your watchlist for the month of August. Devon Energy Corp (NYSE:DVN) Stock in a Range DVN stock is moving within a narrow range over the big earlier this year. The stock ended lower by about 3% to $26.14 in Wednesday’s trading session. More than 7.77 million shares have traded hands, compared…

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Allied Energy Corp. (OTCMKTS: AGYP) Long Investors Buy The Dip As Stock Closes At $0.3710 In Light Volume

August 18, 2021

Allied Energy Corp.’s (OTCMKTS: AGYP) long investors are buying  the dip as the stock closed yesterday at $0.3710 in light volume of 127,244. Shares on Monday were 8.14% green to reach $0.4000 in heavy trading volume. AGYP reported a positive Q2 financial report which showed a strategy of large cuts in operational and net losses through dramatically cut expenses. Free cash flow created was then reinvested back into the Company’s…

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Oil & Gas Momentum List: MKRYF, AUNXF, AGYP

August 17, 2021

Following are the major gainers in the oil & gas sector on Tuesday. Make sure to put these on your watchlist for the month of August. Manitok Energy Inc. (OTCMKTS:MKRYF) Stock Jumps 15% MKRYF is one of the biggest gainers in Tuesday’s trading session. The stock opened with slight gains and by mid-day soared 82% to $0.0020. Interestingly, the rise has been supported by hefty volume with more than 1.1…

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Allied Energy Corp. (OTCMKTS: AGYP) Jumps 8.14% To $0.40 As Investors Eye $0.50

August 17, 2021

Allied Energy Corp. (OTCMKTS: AGYP) is primed to hit higher prices this week as shareholders hope for $0.5000 after shares reached 8.14% green yesterday to reach $0.4000. In heavy trading volume of 449,112, AGYP is gaining momentum after a positive Q2 financial report which shows cuts in operational and net losses as expenses were cut dramatically. All free cash flow was reinvested back into the Company’s primary activity: leasing oil…

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Allied Energy Corp. (OTCMKTS:AGYP) Oil Gains In Value Amidst Middle East Volatility

August 16, 2021

Allied Energy Corp. (OTCMKTS:AGYP) stock could gain this week as oil prices hold at near-$70 barrel as politics again intensify in the Middle East. The fall of Afghanistan to the Taliban last night and the controversy over Iran’s alleged drone attack weeks ago on the Israeli-managed tanker Mercer Street makes for an even more unstable region. The result is that oil prices remain high: WTI Crude is at $67.58 and…

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Allied Energy Corp. (OTCMKTS:AGYP) Files Q2 Reports, Cuts Operational, Net Losses

August 12, 2021

Allied Energy Corp. (OTCMKTS:AGYP) has filed its Q2 quarterly report for the three months ended June 30, 2021 and there’s a lot of good news. First, it cut its operational and net losses for the quarter — principally by reducing expenses and reinvesting all money from saved expenses back into its well development program. Operating losses off the three months ended June 30, 2021 dropped to $85,913 from $113,368 the…

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3 Oil and Gas Penny Stocks to Watch: Allied Energy Corporation (OTCMKTS:AGYP), Camber Energy Inc. (NYSE:CEI), Ring Energy Inc. (NYSE:REI)

August 12, 2021

Even after some correction in the recent past, Brent oil trades near $70 per barrel. With accelerating global growth, it’s likely that oil prices will remain above the $70 mark.  That’s why we are focusing on 3 oil and gas penny stocks you should have on your watchlist:  Allied Energy Corporation (OTCMKTS:AGYP) Allied Energy Corporation, (OTCMKTS:AGYP), an oil and gas explorer with several leases, is currently focused on two which…

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Allied Energy Corporation (OTCMKTS:AGYP) Makes Several Twitter Updates

August 11, 2021

Allied Energy Corporation, (OTCMKTS:AGYP), an oil and gas explorer with several leases, is getting very close on two of their leases in North Texas, Annie Gilmer and Green Leases respectively.  Tuesday, the company sent out 6 tweets detailing work at the Green Lease.  The tweets showed three videos of a disposal well, photos of their drilling rig, as well as a video of a new surface hole.   The drilling rig…

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Allied Energy Corp. (OTCMKTS:AGYP) Stock Spikes 7.01% To $0.4495 As Impact Of ‘Reserve Reports’ On Its Wells Raise Shares

August 10, 2021

The impact of engineering ‘Reserve Reports,’ documenting the assets under management (AUM) for Allied Energy Corp. (OTCMKTS:AGYP) may soon  not only force a short ‘squeeze’ but also drive more long investors into the stock. AGYP closed yesterday with a 7.01% spike to $0.4495 in heavy volume of 556,275. Technical indicators also were high: as Barchart placed a 56% buy ‘Signal’ on the stock, after an analysis of 13 indicators —…

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Allied Energy Corporation (OTCMKTS:AGYP) Hits Several Bullish Indicators

August 9, 2021

Allied Energy Corporation (OTCMKTS:AGYP) looks like it could be in a position to make investors money starting Monday.    The oil and gas explorer has made several impressive runs over the past 6 months and could be in a position to do so again starting today. According to barchart.com the company is a buy, hitting 10 of 13 bullish indicators, meaning it’s a buy in the short, mid, and long term. …

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