Shareholders Remain Loyal To Green-Again Allied Energy Corp. (OTCMKTS PINK: AGYP) As Pivotal Oil & Gas Moment Approaches

September 1, 2021

A pivotal moment is coming for Allied Energy Corp. (OTCMKTS PINK: AGYP). It closed green again yesterday for the second straight evening at $0.2960 — up +0.34%% — after closing green Monday night at $0.2950, up +1.65%. Loyalty to this company from long shareholders is keeping the stock shares positive even in light volume and they are playing the long game successfully against short holders. A pivotal moment is coming…

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Allied Energy Corp. (OTCMKTS: AGYP) Finished Green Monday. Rises As Many Oil Sector Stocks Off

August 31, 2021

Allied Energy Corp. (OTCMKTS: AGYP) closed green last night at $0.2950 — up +1.65% — as other oil sector stocks such as Trophy Resources, Inc. (OTC: TRSI), PHX Minerals (NYSE: PHX), PDC Energy, Inc. (NASDAQ: PDCE) Contango Oil & Gas Company (NYSE: MCF), Kosmos Energy Ltd. (NYSE: KOS) and Amplify Energy Corp. (NYSE: AMPY), closed down among the oil stocks closing red yesterday. The oil industry reacted to hurricane Ida…

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Oil & Gas Penny Stock Report: Allied Energy Corp (OTCMKTS:AGYP), Trophy Resources, Inc. (OTCMKTS:TRSI), Amplify Energy Corp. (NYSE:AMPY), PHX Minerals, Inc. (NYSE:PHX)

August 30, 2021

With Hurricane Ida hammering the Gulf Coast, crude oil production in the area will be impacted.  The Bureau of Safety and Environmental Enforcement reported Sunday that 95.65% of the Gulf Coast’s crude-oil production, or 1.741 million barrels a day, was shut down, as well as 93.75% of the region’s natural gas production. This effect in supply should raise the price of WTI Crude. This will affect stateside oil & gas…

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Oil & Gas Momentum Stock Watchlist: TALO, UEC, EGY

August 26, 2021

Here are the recap for the top 3 major Nasdaq stock movers in the Oil & Gas sector trading on Thursday. keep an eye on the following stocks. Talos Energy Inc (NYSE:TALO) continues to move higher and one of the biggest gainers last month in the Oil & Gas sector. The stock is up 3% to $11.35 on Thursday. The stock witnessed higher than average volume with more than 526K…

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Allied Energy Corp (OTCMKTS:AGYP) Rallies 9.76% As Volatility Continues

August 26, 2021

Allied Energy Corp. (OTCMKTS:AGYP) rallied 9.76% Wednesday, rebounding from a pullback Tuesday.  The stock much like the overall oil & gas market has experienced above average volatility recently. Oil & gas stocks have been on a roller coaster ride as investors continue to receive simultaneously bullish and bearish reports on the commodity’s future.  The U.S. Energy Information Administration (EIA) reported that American crude inventories fell last week for a third…

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Allied Energy Corp.’s (OTCMKTS:AGYP) Lower Amid Global Oil Volatility

August 25, 2021

Allied Energy Corp. (OTCMKTS:AGYP) closed Tuesday at $0.2825, off 19.70%, but the move yesterday was more about global volatility impacting oil than about the performance of AGYP itself. Meanwhile both oil indices were green again — WTI Crude closed up last night 0.39% at $62.38 and Brent Crude settled at $65.51, +0.51% higher. The good news is that oil settled higher last night — remaining at or above  the $62…

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Oil & Gas Investor Report: Allied Energy Corporation (OTCMKTS:AGYP), TETRA Technologies Inc. (NYSE:TTI), Contango Oil & Gas Company (NYSE:MCF), and Kosmos Energy Ltd. (NYSE:KOS)

August 24, 2021

After the worst losing streak since 2019, oil prices finally rebounded Monday.  WTI Crude jumped 6% and Brent jumped nearly 6% as well.  The initial pullback was due to fears over the delta variant, however, with zero new cases in China, investors’ COVID fears are starting to recede. Energy stocks followed in lock step with this rally.  S&P 500 energy stocks gained 3% and top energy ETFs; SPDR Oil &…

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Allied Energy Corp. (OTCMKTS PINK: AGYP) Ready For Strong Week After Friday’s Green Close At $0.3398 +4.55%, Buy Rating

August 23, 2021

Allied Energy Corp. (OTCMKTS PINK: AGYP) earned an 8% buy rating Friday night from Barchart as AGYP closed green Friday at $0.3398 +4.55%. WTI Crude and Brent Crude also showed green prices. The evacuation in Afghanistan stands to impact and keep oil prices high, according to Barrons and site Kerala, which quoted J. P. Morgan predicting that oil, with all the Mideast turmoil, could reach $80 barrel. All of that…

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Action By U.S. Agency To Reinstate Oil & Gas Drilling Leases On American Property Cheered By Domestic Energy Producers

August 20, 2021

Domestic oil producers are cheering the actions of a U.S. regulator seeking to lift federal lease restrictions on oil and gas production and reinstate production leasing programs following a new court order. The Biden administration is appealing the legal ruling — but the Bureau of Ocean Energy Management (BOEM) is moving forward to resume an offshore leasing program that was halted by Biden in January as part of a climate…

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