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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2 Oil & Gas Stocks To Watch: Royale Energy Inc (OTCMKTS:ROYL), Allied Energy Corp.(OTCMKTS:AGYP)

August 19, 2021

The exploration and production industry almost always garners considerable attention from investors and if you are currently looking for options then it might be a good idea to take a look into Royale Energy Inc (OTCMKTS:ROYL). It is an independent explorer and producer and is based out of San Diego in California. There has not been any recent news about the company and hence, investors might not have a lot…

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Oil & Gas Momentum Stock Watch List: MMLP, TGA, BBY

August 19, 2021

Here are the recap for the top 3 major Nasdaq stock movers in the Oil & Gas sector trading on Wednesday. keep an eye on the following stocks. Martin Midstream Partners L.P. (NASDAQ:MMLP) continues to move higher and one of the biggest gainers last month in the Oil & Gas sector. The stock was up 10.15% to $3.31 on Wednesday. The stock witnessed higher than average volume with more than…

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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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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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