NYSE Energy Winners: FTI, HP, IVAN, DRQ, BPT, CLB
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.
TechnipFMC plc (NYSE:FTI) stock has seen solid buying interest over the past quarter with a gain of over 13% and leading the top spot in the oil & gas sector. However, the stock has soared 12% so far this year. On Tuesday, FTI stock jumped 5.38% to $7.25 with more than 8.03 million shares exchanged hands, above its average volume of 5.41 million shares.
Helmerich & Payne Inc. (NYSE:HP) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 30% over the past one quarter. Moreover, the stock has soared 40% so far this year. The stock is trading above 83% from its 52-week low and 10% away from its 52-week high.
Ivanhoe Capital Acquisition Corp. (NYSE:IVAN) stock continued to trend higher in Tuesday’s trading session. IVAN stock ended higher by 2.20% to $11.14 with more than 2.07 million shares exchanged hands, below its average volume of 633k shares. The stock is trading above 17% from its 52-week low and 3% away from its 52-week high.
Dril-Quip Inc. (NYSE:DRQ) stock continued to trade in a range after the recent fall. The stock has moved down about 33% in the past year. The stock is trading above 3% from its 52-week low and just 49% away from its 52-week high.
BP Prudhoe Bay Royalty Trust (NYSE:BPT) 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 33% over the past quarter. The stock is trading above 169% from its 52-week low and 34% away from its 52-week high.
Core Laboratories N.V. (NYSE:CLB) stock continued to trend higher in Tuesday’s trading session. SU stock ended higher by 2% to $27.02 with more than 372k shares exchanged hands, below its average volume of 548K shares. The stock is trading above 41% from its 52-week low and 45% 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.
