Here are the recap for the top 4 major movers in the Oil & Gas EP sector trading on Tuesday. keep an eye on the following stocks.
Golar LNG Limited (NASDAQ:GLNG) continued to gain momentum on Tuesday and one of the biggest gainers since last month in the Oil & Gas sector. The stock jumped 4.02% to close at $13.21. Tuesday, the stock witnessed lower than average volume with more than 1.66 million shares exchanged hands, compared to its average volume of 1.74 million. The stock opened at $12.92 and moved within a wide range of $12.90 – 13.30.
Viper Energy Partners LP (NASDAQ:VNOM) gained momentum as the stock went up 4% for the session to $18.74. The stock has moved within a wide range of 18.36 – 19.05 for the session. The stock has surged about 61% year-to-date. Moreover, the stock has moved up almost 3564 over the past 6-month. The stock is trading 4% below its 52-week high and 187.42% higher from its 52-week low.
Rattler Midstream LP (NASDAQ:RTLR) was another gainer in the Oil & Gas sector. The stock was up 2.75% at $10.83. More than 318K shares have been traded hands, compared to its average volume of 259K. Over the past 52-week, the stock moved within a range of $5.53 – 11.80. The stock has gained 14% so far in 2021 and 17% in the past 6-month.The stock is trading in the neutral zone as RSI stands at 50.
Patterson-UTI Energy (NASDAQ:OMP) was under pressure on Friday as the stock fell 7.89% to end the session at $26.02. After opening at $28.28, the stock has moved within a wide range of $ 25.98 – 28.45. The stock has gained 122% so far in 2021 and moved up 24% over the past quarter.
Another oil & gas stock that could be on the watchlist for the coming sessions is Allied Energy (OTCMKTS:AGYP). The stock has seen a nice uptrend since the beginning of this year gaining 500%. Moreover, the stock has built a strong base of around 30 cents after weeks of consolidation. Interestingly, the stock is trade above 200-SMA of $0.17 – which signals that the long-term uptrend is still intact.
