AMEX Energy Winners: BRN, HUSA, GTE, IMO, LNG
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.
Barnwell Industries Inc. (NYSEAMERICAN:BRN) stock has seen solid buying interest over the past month with a gain of over 5% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 104% so far this year. On Monday, BRN stock jumped 139.24 to $2.60 with more than 84k shares exchanged hands, above its average volume of 195K shares.
Houston American Energy Corp. (NYSEAMERICAN:HUSA) is another stock in the energy sector which has been showing consistent fall. The stock has moved down 6% over the past one week. Moreover, the stock has fallen 12% so far this year. The stock is trading above 10% from its 52-week low and 56% away from its 52-week high.
Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) stock continued to trend higher in Monday’s trading session. GTE stock ended higher by 5.88% to $0.72 with more than 2.39 million shares exchanged hands, below its average volume of 7.03 million shares. The stock is trading above 150% from its 52-week low and 41% away from its 52-week high.
Imperial Oil Limited (NYSEAMERICAN:IMO) 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 5% over the past month. The stock is trading above 90% from its 52-week low and 6% away from its 52-week high.
Cheniere Energy Inc. (NYSEAMERICAN:LNG) stock continued to trade in a range after the recent jump. The stock has moved up about 76% in the past year. The stock is trading above 86% from its 52-week low and just 7% 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.
