The market for stocks right now is dominated by several major themes. First, we are seeing a steady outperformance of so-called “value” stocks and “heavy cyclical” stocks when compared to “growth” and “big-tech” stocks. Second, we are seeing an overall sideways range process dominate the major indices as the tug-of-war of this rotation plays out
Carrollton, Texas, May 17, 2021 – McapMediaWire – Allied Energy Corp. (OTC Pink: AGYP), an energy company focused on leasing and reworking oil and gas reserves in the most prolific hydrocarbon areas of the United States, is pleased to announce that the Company has leased 300 acres containing five additional oil wells in Crystal
Carrollton, Texas, May 6, 2021 – OTC PR WIRE – Allied Energy Corp. (OTC Pink: AGYP), an energy company focused on acquiring and reworking oil and gas reserves in the United States, is pleased to welcome longtime oil industry expert and oil Production Engineer Mr. Mark McBryde to their team. Mr. McBryde brings
Allied Energy (OTC US: AGYP) is in an interesting position right now. The company is making strong strides toward a new way of potentially rapidly expanding production at a time when the broad supply/demand picture for oil is skewed in the company’s favor as investments in rekindling existing production and developing new production have been
OPEC-plus, the extended version of OPEC that came together several years ago to drive more policy power back into the global cartel-based oil regime, keeps delaying its expected production hike process because uncertainty still remains due to issues with vaccine distribution and the dangerous possibilities of new COVID-19 variants still emerging around the world. That
To understand where the oil market is headed and how investors might hope to take advantage, one would do well to take a look at what Chevron (NYSE:CVX) said in its investor-day presentation earlier this month. First off, it helps to understand how the energy sector works. In massively oversimplified terms, some energy companies find
Carrollton, Texas, March 3, 2021 – OTC PR WIRE – Allied Energy Corp. (OTC Pink: AGYP) has signed an agreement with a premier partner in the Texas oil industry to pursue an immediate relationship concerning the majority ownership of two producing oil wells in northern Texas. This agreement signifies the final step before a definitive
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