Top Penny Stocks Of Oil And Gas For Q4 2020

Top Penny Stocks Of Oil And Gas For Q4 2020

The oil and gas penny stock world is made up of small businesses engaged in the discovery, mining, processing and distribution of oil and gas products. These stocks usually trade less than $5 per dollar. The oil and gas sector also comprises firms offering drilling and well-maintenance facilities. Examples of those stocks include Oasis Petroleum Inc. (OAS), Abraxas Petroleum Corp. (AXAS) and SM Energy Co. (SM). Prices for crude oil and natural gas have collapsed earlier this year as the effect of COVID-19 has decreased production. Although markets have stabilized slightly, some firms have been adversely impacted by the fall of demand and inflation. Oil and gas penny stocks are commonly represented by the Invesco S&P SmallCap Energy ETF (PSCE), but the fund contains several micro-and small-cap securities that are not known to be penny stocks. PSCE has significantly underperformed the wider market with a total return of-58.0 per cent over the last 12 months, well below the Russell 1000's total return of 15.9 per cent as of 15 September 2020. The figures in the tables below are as of 16 September. Here are the top three stocks of oil and gas with the greatest pricing, the most development and the most traction. Best Value Oil and Gas Penny Stocks Those are the oil and gas penny stocks with the lowest 12-month trailing price-to - earnings (P / E) ratio. Since earnings can be returned to shareholders in the form of dividends and buybacks, the low P / E ratio shows that you pay less for each dollar of profit generated.

Best Value Oil and Gas Penny Stocks
	Price ($)	Market Cap ($M)	12-Month Trailing P/E Ratio
Transportadora de Gas del Sur SA (TGS)	4.44	675.4	3.9
Enable Midstream Partners LP (ENBL)	4.50	1,960	7.9
Helix Energy Solutions Group Inc. (HLX)	3.19	478.7	15.2

  *Transportadora de Gas del Sur SA: Transportadora de Gas del Sur is an Argentine natural gas producer which transports and processes natural gas. The pipeline system of the company links major gas fields in southern and western Argentina with gas distributors in those areas and in the greater Buenos Aires region. *Enable Midstream Partners LP: Enable Midstream Partners manages and manages natural gas and oil pipeline facilities. The company offers oil and gas services, including selection, refining, transport and storage. Enable announced a 64.5 per cent fall in net profits as overall sales declined by 29.9 per cent in Q2 2020, which ended on 30 June 2020. The group reported that lower sales were caused by lower average rates and lower natural gas production. *Helix Energy Solutions Group Inc.: Helix Energy Solutions is an offshore energy corporation focusing on subsea building and repair and rescue facilities for the offshore gas and oil industry. The organization also provides the offshore oil sector successful interference and robotics activities. Helix announced a 67.7 per cent fall in net profits as sales declined by 1.3 per cent in Q2 2020, which ended on 30 June 2020. President and Chief Executive Officer ( CEO) Owen Kratz said that the organization will continue to face headwinds as a result of the COVID-19 pandemic. Oil and Gas Penny Stocks Stocks With the Most Profit Growth or Least Profit Decline Below are the oil and gas penny stocks with the fastest year-over-year (YOY) earnings per share (EPS) increase or the lowest EPS decrease in the last year. The willingness of an organization to sustain sustainability in a tough market climate can be a measure of corporate governance and/or a solid business model.

Oil and Gas Penny Stocks Stocks With the Most Profit Growth or Least Profit Decline
	Price ($)	Market Cap ($M)	EPS Growth (%)
Canacol Energy Ltd. (CNE.TO)	CA$3.61	CA$653.4	935.9
Helix Energy Solutions Group Inc. (HLX)	3.19	478.7	-63.6
Enable Midstream Partners LP (ENBL)	4.50	1,960	-69.2

  *Canacol Energy Ltd.: Canacol Energy is a Canadian oil and gas exploration and development firm with operations in Colombia and Ecuador. The business announced an increase of 843.3 per cent in net sales of 21.2 per cent in Q2 2020, which ended on 30 June 2020. Net income was boosted by a deferred income tax recovery of $11.7 million.4 *Helix Energy Solutions Group Inc.: See the business overview above. *Enable Midstream Partners LP: See the business overview above. Oil and Gas Penny Stocks with the Most Momentum These are the oil and gas penny stocks that have had the largest average return over the last 12 months.

Oil and Gas Penny Stocks with the Most Momentum
	Price ($)	Market Cap ($M)	12-Month Trailing Total Return (%)
Africa Energy Corp. (AFE)	CA$0.45	CA$355.6	67.9
Clean Energy Fuels Corp. (CLNE)	2.63	522.6	23.5
Southwestern Energy Co. (SWN)	2.40	1,453	7.6
Russell 1000	N/A	N/A	15.9
Invesco S&P SmallCap Energy ETF (PSCE)	N/A	N/A	-58.0

  *Africa Energy Corp.: Africa Energy is a Canadian-based oil and gas corporation committed to the discovery, purchase and development of oil and gas resources in South Africa and Namibia. *Clean Energy Fuels Corp.: Clean Energy Fuels Corp. is a manufacturer of natural coal. The organization produces natural gas from the decomposition of organic waste rather than from underground mines. Clean Energy Fuels reported a net loss of $7.0 million as sales declined by 17.2 per cent in Q2 2020, which ended on 30 June 2020. The organization said it suffered a 10% decline in transactions due to the effects of the COVID-19 pandemic. *Southwestern Energy Co.: Southwestern Energy is an energy corporation involved in the discovery, growth and manufacture of natural gas and oil. The company reported in mid-August that it had entered into a final agreement to purchase Montage Resources Corp. (MR) in an all-purpose deal. Montage Resources is an exploration and development corporation based in the Appalachian Basin. The deal is scheduled to close at some point in Q4 2020. source: investopedia.com