NASDAQ Oil & Gas Drilling: SIBN, PTEN, NESR, TRMD, HNRG

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.

Nano-Cap Stocks Watchlist

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.

SI-BONE Inc. (NASDAQ:SIBN) stock continued to trade in a range after the recent fall. The stock has moved down about 28% in the past year. The stock is trading 15% from its 52-week low and just 48% away from its 52-week high.    

Patterson-UTI Energy Inc. (NASDAQ:PTEN) 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 surged by 21% over the past month. The stock is trading above 71% from its 52-week low and 21% away from its 52-week high.  

National Energy Services Reunited Corp. (NASDAQ:NESR) stock has seen selling interest over the past year with  a fall of over 2%. Moreover, the stock has soared 68% so far this year. On Wednesday, NESR stock jumped 7% to $9.39 with more than 403k shares exchanged hands, above its average volume of 205k shares.  

TORM plc (NASDAQ:TRMD) is another stock in the energy sector which has been showing consistent rise. The stock has moved down 13% over the past one year. Moreover, the stock has jumped 45% so far this year. The stock is trading above 14% from its 52-week low and 22% away from its 52-week high.

Hallador Energy Company (NASDAQ:HNRG) stock continued to trend higher in Wednesday’s trading session. HNRG stock ended higher by 2.16% to $2.36 with more than 126k shares exchanged hands, below its average volume of 438k shares. The stock is trading above 136% from its 52-week low and 48% away from its 52-week high.

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