See Also - Top Oil Stocks 2014
#1 Top Oil Penny Stock Pick 2014
Samson Oil & Gas (SSN) - ( Oil
Exploration & Production ) - Samson Oil & Gas (SSN) will be a hot oil penny stock if oil can get
back above $110. SSN stock currently trades at $0.40 in 2014 and has some great assets in the Bakken Shale as well as the Niobrara Shale. While there is no real long term value in this company, investing in SSN when oil prices suddenly rise can make you
some serious money. Samson Oil & Gas (SSN) is just one of several oil penny stocks that tends to rise when the price
of oil spikes. Upside Levels to watch in 2014 - $0.51, $0.57, $0.68, $0.95.
#2 Top Oil Penny Stocks to Buy 2014 - ( Oil & Natural
Gas Stocks ) Tengasco Inc. (TGC) - Tengasco Inc.
(TGC) is a small oil exploration company that drills for oil. Tengasco,
Inc. engages in the exploration and production of oil and natural gas in Kansas and Tennessee. The company also leases producing
and non-producing properties for exploration and development activities. When Oil prices rise again, TGC stands to benefit
from this in a big way. If the company can expand their acreage zone, we could be looking at a $0.75 stock sometime
in 2014. TGC is a good oil penny stock to buy below $0.50.
Lucas Energy, Inc. (LEI) - Lucas
Energy, Inc. (LEI) is another oil penny stock that tends to spike when the price of oil rises. LEI will have resistance
located at $0.85 in 2014.
Top Oil Penny Stocks - Royale Energy Inc. (ROYL)
- Royale Energy Inc. (ROYL) stock always sees a pop when oil surges. ROYL has a current market cap of $47 million
and has a good balance sheet. ROYL stock tends to drop into the mid to low $2's but if you see
oil jump above $120 and the volume spike, it's time to load up for the trade. Until then, it's dead money. Buy
ROYL when you see a big dip, sell out on the rallies.
Other Oil Penny Stocks to Watch:
ZaZa Energy Corporation (ZAZA)
Dejour Energy Inc. (DEJ)
LEGEND OIL & GAS (LOGL)
Dune Energy Inc. (DUNR)