#1 Top Oil Penny Stock Pick 2018
Samson Oil & Gas (SSN) - ( Oil and
Gas Exploration & Production ) - While many oil penny stocks went bankrupt over the last few years,
this stock still trades. If you look at the chart, SSN stock can explode for a 50% gain at any time. Will oil
prices recover in 2018? If oil prices recover, this stock will double again. Make sure you sell into the spike
and assume SSN will eventually drop lower than you purchased it.
Samson Oil & Gas Limited is an oil and gas company focused on oil production in the Niobrara
and Bakken formations in the United States. The Company's principal activities are oil and gas exploration, development and
production in the United States. Its geographic segments include United States of America and Other segments. All revenue
from the United States of America segment is from customers based in the United States. The Other Segments revenue relates
principally to interest income earned on cash balances in Australia. Its projects include Foreman Butte project, Roosevelt
Project, North Stockyard Project, Rainbow Project, Hawk Springs Project, South Prairie Project and Cane Creek Project. Its
Foreman Butte project includes various producing and non-producing, operated and non-operated wells in the Ratcliffe and Madison
formations in Montana and North Dakota. The Company has an interest in over 3,303 acres adjacent to the North Stockyard Oil
Top Oil Penny Stocks to Buy 2018 - Southwestern Energy
(SWN) ( Oil & Natural Gas Stocks ) - Southwestern Energy (SWN) is another
one of my top oil penny stock picks for 2018. SWN is down 50% to $5.60 in the last 6 months and shares can easily double
if Oil spikes back to $55 in 2018. SWN is more of a natural gas stock but they do have some oil mixed in there as well.
If we see a jump in either natural has or oil in 2018, expect shares to climb back to $9 or $10 per share. However,
if both commodities continue to trade sideways or lower, shares will eventually drop below $4.
Other Oil Penny Stocks to Watch:
Eclipse Resources (ECR)
Rex Energy (REXX)