Three AMEX Oil
The Author
Hey, my name is admin, and I first published 'Three AMEX Oil' on 27th July, 2008, within the Stock section.
From-SaveMoneyGuides.com-Penny stocks can be found up and down AMEX and in all different industries. Today, I’ll share with you three oil and gas penny stocks that you might want to have a look at. Penny stocks can be a goldmine.
The first stock is Kodiak Oil (AMEX: KOG). As of this writing it was trading at $3.39, which is right in the middle of its one-year swing–$1.54 - $5.50. KOG is a company with a market cap of almost $300 million, which helps dispel the notion that all penny stocks are for companies with a briefcase and some paperwork.
If you look at one-year estimates for KOG, they are at just under $5, which would be about a 45% increase-again showing the profitability of penny stocks.
Next up is Transmeridian Exploration (AMEX: TMY), which is a smaller stock. TMY has a market cap of about $67 million. As of this writing, it’s trading at $0.57. Over the last year, it’s been as low as $0.24 and as high as $2.50. Could it reach those levels again? That would be about a 400% gain.
Finally, we come to Samson Oil (AMEX: SSN). This stock wasn’t always a penny stock. In fact, it was traded much, much higher at one point. At $2.73, it’s decently above its 52-week low of $2.03. With a market cap of $571 million and an EPS in the negative by just one penny, could this oil and gas penny stock be poised to rise?
There are many oil and gas penny stocks out there. These are just three that are traded on the AMEX. If you’re interested in one penny stock that rose almost 100% over the past year, check the link below. Penny stocks can be very profitable.
