NASDAQ Oil Report: TGA, APA, MMLP, BRY, CHK

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.

TransGlobe Energy Corporation (NASDAQ:TGA) stock has seen solid buying interest over the past quarter with a gain of over 114% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 246% so far this year. On Monday, TGA stock jumped 5.05% to $3.33 with more than 1.02 million shares exchanged hands, doubled its average volume of 514k shares. 

APA Corporation (NASDAQ:APA) stock continued to trend higher in Monday’s trading session. APA stock ended higher by 0.54% to $29.61 with more than 6.31 million shares exchanged hands, below its average volume of 9.65 million shares. The stock is trading above 202% from its 52-week low and 4.90% away  from its 52-week high.

Berry Corporation (NASDAQ:BRY) is another stock in the energy sector which has been showing consistent rise. The stock has moved up 17% over the past one month. Moreover, the stock has soared 164% so far this year. The stock is trading above 212% from its 52-week low and 9% away  from its 52-week high. The company came out with quarterly earnings of $0.14 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.

Martin Midstream Partners L.P. (NASDAQ:MMLP) stock continued to trade in a range after the recent jump. The stock has moved up about 6% in the past quarter. The stock is trading above 127% from its 52-week low and just 13% away from its 52-week high.     

Chesapeake Energy Corporation (NASDAQ:CHK) stock continued to trade in a range after the recent jump. The stock has moved up about 14% in the past quarter. The stock is trading above 56% 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.