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Friday, June 3, 2011

Best Penny Stock Energy Picks to Buy june 2011

Best 5 Penny Stock Energy Picks to Buy, Best Penny Stock Energy Picks to Buy june 2011 ; Though oil has dipped back from its recent peak around $115, there’s is little doubt that expensive energy is the way of the world. Despite crude oil prices being significantly lower than 2008 peak levels around $140, gasoline is hovering around $4 a gallon in most areas and the summer weather is driving up home utility bills as the A/C units go online.

What’s more, the prospect of broader inflationary trends means that expensive oil is here to stay — and investors should prepare their portfolios now to capitalize on this trend. And here are five penny stocks in the energy sector to do exactly that.

Here are my top 5 penny stock energy investments to buy now:

Uranium Resources Inc:
Uranium exploration, mine development and production company, Uranium Resources (NASDAQ: URRE) has watched its stock skyrocket 279% in the last 12 months. Having cooled off as of late in the wake of the Japan nuclear plant disaster, my analysis shows that now may be a good time to enter this stock on a dip.

Ur-Energy Inc:
Development-stage junior mining company Ur-Energy Inc. (AMEX: URG) has also posted strong gains in the last year, up 76%. Ur-Energy makes its money in uranium mineral properties in Canada and the United States. This week, Zacks.com rates URG as one of five mining penny stocks with the most upside potential.

Samson Oil & Gas Ltd:
Oil and natural gas explorer and developer Samson Oil & Gas Ltd. (AMEX: SSN) posted an incredible net profit margin of 1,397% last quarter! To go along with it, SSN stock has jumped 395% in the last 12 months. Buy this penny stock under $3.

Denison Mines Corp:
Another uranium mining company making the list is Denison Mines Corp. (AMEX: DNN) up 72% since last June. A quarterly revenue growth of 22%, year-over-year, in its last income statement is another reason to buy at current valuations of just over $2.

Synthesis Energy Systems:
Last on the list is development stage company Synthesis Energy Systems (NASDAQ: SYMX), a firm that focuses on clean coal and biomass energy production. Having gained 130% in the last six months, SYMX also posted a quarterly revenue growth of 20% in its last income statement. For the latest updates PRESS CTR + D or visit Stock Market news Today

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