Oil & Gas Equipment & Services Penny Stocks: AMEX

Once again we turn to AMEX to find oil & gas penny stocks. In the oil & gas equipment & services industry, the field is pretty bare. There are is only one penny stock in this industry on the AMEX.

Since there’s only one penny stock to list, we’ll provide some quick facts about it. If you do your own research, you’ll probably see two listed, but AEN began the AMEX de-listing process in June 2008, so we’re not talking about them here.

You can also find more oil & gas penny stocks listed on AMEX here: “Oil & Gas Drilling Penny Stocks.”

Boots & Coots International Well Control

Boots & Coots (AMEX: WEL) is located in the USA with a market cap of $166 million at the time of this writing, It’s trading around $2.27.

Unlike many stocks, Boots & Coots has seen an uptrend in 2008. Going back to the last quarter in 2007, WEL was being traded between $1.20 – $1.40. However, WEL began to shoot upward in 2008. It closed at $2.27 in mid-July 2008—once again showing the power of penny stocks to deliver solid profits.

Boots & Coots has a market cap of $166 million with $128 million in sales.