NASDAQ Oil & Gas Report: PNRG, CHK, APA, BRY, MMLP
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.
PrimeEnergy Resources Corporation (NASDAQ:PNRG) stock has seen solid buying interest over the past quarter with a gain of over 36% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 246% so far this year. On Thursday, PNRG stock jumped 3.12% to $68.18 with more than 1.5k shares exchanged hands, doubled its average volume of 4.5K shares.
Chesapeake Energy Corporation (NASDAQ:CHK) stock continued to trend higher in Thursday’s trading session. CHK stock ended higher by 0.75% to $64.23 with more than 1.03 million shares exchanged hands, below its average volume of 1.46 million shares. The stock is trading above 60% from its 52-week low and 7% away from its 52-week high.
APA Corporation (NASDAQ:APA) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 3% over the past one month. Moreover, the stock has soared 94% so far this year. The stock is trading above 153% from its 52-week low and 11% away from its 52-week high. The company announced results from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well, both operations recently completed on Block 58 offshore Suriname.
Martin Midstream Partners L.P. (NASDAQ:MMLP) stock continued to trade in a range after the recent jump. The stock has moved up about 3% in the past quarter. The stock is trading above 115% from its 52-week low and just 18% away from its 52-week high.
Berry Corporation (NASDAQ:BRY) stock continued to trade in a range after the recent jump. The stock has moved up about 92% in the past quarter. The stock is trading above 190% from its 52-week low and just 10% 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.
