NYSE Oil & Gas Winners: NE, IVAN, WLL, PBR, NTG
Following are the major movers in the oil & gas sector over the past trading sessions. Keep an eye on these stocks as momentum is strong.
Noble Corporation (NYSE:NE) stock has seen solid buying interest over the past quarter with a gain of over 27% and leading the top spot in the oil & gas sector. However, the stock has soared 8% so far this year. On Friday, NE stock jumped 4.25% to $26.82 with more than 457K shares exchanged hands, above its average volume of 295K shares.
Ivanhoe Capital Acquisition Corp. (NYSE:IVAN) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 6% over the past one month. Moreover, the stock has fallen 2% so far this year. The stock is trading above 11% from its 52-week low and 8% away from its 52-week high.
Whiting Petroleum Corporation (NYSE:WLL) stock continued to trend higher in Friday’s trading session. WLL stock ended higher by 1.21% to $47.48 with more than 482K shares exchanged hands, below its average volume of 605K shares. The stock is trading above 277% from its 52-week low and 4% away from its 52-week high.
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) stock continued to trade in a range after the recent jump. The stock has moved up about 24% in the past year. The stock is trading above 44% from its 52-week low and just 17% away from its 52-week high.
Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) stock is showing a very bullish move over the past few trading session as the stock jumped to a new 52-week high. In fact the stock has increased by 16% over the past quarter. The stock is trading above 99% from its 52-week low and 1% away from its 52-week high.
Allied Energy Corp. (OTCMKTS:AGYP) AGYP deserves a look from oil and gas investors, as they recently announced signing a new lease and also struck oil on their leased well sites in Texas. Global energy prices are at 7 year highs. With the need for more domestic energy growing apparent, AGYP and its US based exploration projects may benefit. AGYP recently issued news that they have achieved production on the #1, #2, and #5 wells of the Gilmer Lease in Texas. AGYP announced they are also making progress on the Prometheus lease.