Allied Energy Corp (AGYP)

[SamTheTrader]

Nice Update Yesterday
AGYP a Domestic Driller in Prime Position to Profit
ABNewswire FOLLOW
March 10, 2022 3:55pm Comments
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Allied Energy Corporation (OTC:AGYP) and other domestic energy companies are leveraging their oil-producing position as the US urgently needs more oil and gas.

JP Morgan says that oil and gas energy stocks are a ‘buy’ because they are trading at a steep discount to oil futures. Other analysts say that energy stocks are just now beginning to catch up to the broader S&P 500. The time for investors to act is now as fossil fuel drilling stocks are in demand again.

For the past year, the Administration isolated fossil fuel companies. They signed no new drilling leases on federal lands in the past year. Financial institutions wouldn’t fund them. Now the tables have turned. Domestic independent drillers like AGYP are leveraging production as Crude oil reaches $120+ per barrel.

https://www.benzinga.com/pressreleases/22/03/ab26089744/agyp-a-domestic-driller-in-prime-position-to-profit