Oil & Gas Penny Stocks

US-listed oil and gas penny stocks priced $0.50 to $5, ranked by today's percentage change. Upstream E&P (exploration and production), midstream pipelines, oilfield services, and small refiners — everything tagged to the oil & gas theme. Updated intraday.

Data as of 8/29/2026 8:19:18 AM · Intraday prices · 42 penny stocks in theme
#SymbolCompanySectorPriceDay ChgVolume
1GUREGulf Resources, Inc. (NV) Common StockMaterials$3.7000+9.80%2K
2PROPPrairie Operating Co. Common StockEnergy$0.5590+6.20%695K
3MMLPMartin Midstream Partners LPEnergy$2.2750+5.86%5K
4BRNBarnwell Industries, Inc.Energy$0.9760+3.16%260
5SYPRSypris Solutions IncIndustrials$1.7350+2.92%27K
6KLXEKLX Energy Services Holdings, Inc. Common StockEnergy$1.5350+2.67%715K
7DTIDrilling Tools International Corporation Common StockEnergy$2.5350+2.42%115K
8GBRNew Concept Energy IncReal Estate$0.7440+2.02%7K
9DWSNDawson Geophysical Company New Common StockEnergy$3.3600+2.00%21K
10EPMEvolution Petroleum CorporationEnergy$3.6450+1.68%723K
11DLNGDYNAGAS LNG PARNERS LPEnergy$3.8450+1.32%43K
12OMSEOMS Energy Technologies Inc. Ordinary SharesEnergy$4.5950+1.31%22K
13PVLPermianville Royalty TrustEnergy$1.8480+1.10%268K
14AMPYAmplify Energy Corp.Energy$4.6680+1.06%161K
15VOCVOC ENERGY TRUSTEnergy$3.2910+0.61%39K
16BATLBattalion Oil CorporationEnergy$1.32500.00%1.9M
17HUDIHuadi International Group Co., Ltd. Ordinary SharesMaterials$0.81100.00%30K
18RBNERobin Energy Ltd. Common StockEnergy$2.74900.00%14K
19CLIRClearSign Technologies Corporation Common Stock (DE)Technology$4.48500.00%5K
20MARPSMarine Petroleum TrustEnergy$4.54800.00%4K
21SJTSan Juan Basin Royalty Trust UBIEnergy$2.6950-0.37%160K
22EONREON Resources Inc.Energy$0.5220-0.38%281K
23SOCSable Offshore Corp.Energy$4.5800-0.50%2.5M
24GLNDGreenland Energy Company Common StockEnergy$1.3710-0.71%309K
25ANNAAleAnna, Inc. Class A Common StockEnergy$2.7750-0.72%17K
26REIRing Energy Inc.Energy$1.4500-1.36%2.0M
27EPEmpire Petroleum CorporationEnergy$3.2150-1.52%24K
28TUSKMammoth Energy Services, Inc. Common StockEnergy$3.1050-1.59%21K
29BTEBaytex Energy Corp.Energy$4.7350-1.66%13.1M
30RCONRecon Technology, Ltd. Class A Ordinary SharesEnergy$1.6440-1.71%441K
31BORRBorr Drilling LimitedEnergy$4.5010-1.76%3.4M
32BORRBorr Drilling LimitedEnergy$4.5010-1.76%3.4M
33FIPFTAI Infrastructure Inc. Common StockIndustrials$3.5700-2.19%770K
34WTIW&T Offshore, Inc.Energy$3.5780-2.46%829K
35INDOIndonesia Energy Corporation LimitedEnergy$2.7900-2.48%17K
36TMDETMD Energy LimitedEnergy$0.7170-2.49%24K
37MINDMIND Technology, Inc. Common Stock (DE)Technology$4.2940-2.58%19K
38SKYQSky Quarry Inc. Common StockEnergy$2.6200-2.60%65K
39MTRMesa Royalty TrustEnergy$2.2020-2.61%7K
40STAKSTAK Inc. Class A Ordinary SharesEnergy$1.2540-3.41%190K
41KOSKosmos Energy Ltd.Energy$2.7550-4.17%4.1M
42ARECAMERICAN RESOURCES CORPEnergy$2.4090-5.51%411K

What Drives Oil & Gas Penny Stocks

Sub-$5 oil and gas names move on two things: WTI crude price (and natural gas spot) and company-specific operational news (well results, production beats/misses, contract wins). Most are leveraged to commodity price moves — a 10% rally in WTI often produces 30-60% moves in the smaller E&P names. Position sizing matters more here than in most sectors because the underlying commodity is itself volatile.

  • Commodity sensitivity: sub-$5 oil names are essentially levered calls on WTI. They outperform on rallies, underperform on selloffs, and amplify both.
  • Geopolitical catalysts: OPEC+ decisions, Middle East conflict escalation, Russia/Ukraine developments, and US strategic petroleum reserve decisions all move the group.
  • Operational events: drilling results announcements, production updates, reserve estimates, and contract wins. A junior driller hitting a meaningful well can run 100%+.
  • Hedging programs: companies with WTI hedges at higher prices outperform when spot falls; companies unhedged outperform on rallies. Check 10-Qs for hedge books.
  • Debt structure: sub-$5 oil companies often carry meaningful debt with covenant tests tied to oil prices. A sustained selloff can trigger restructuring — check leverage.
  • Dividend rarity: at sub-$5 most oil names don't pay dividends; the few that do trade at premium multiples to peers.

See also: mining penny stocks (commodity exposure), nuclear power penny stocks (energy theme), penny stocks under $1.