Shares of smallcap penny stocks are also trading higher in recent sessions on heavy volume. Energy names have been volatile amid the Russia-Ukraine conflict, which has lifted oil and gas prices due to supply concerns.
The broader market are otherwise trading lower amid the continued escalation of the Russia-Ukraine conflict, with attempts of a ceasefire and Mariupol evacuation failing. Oil prices have gained after the US indicated it is considering a ban on Russian oil imports.
Camber Energy is trading higher by 83.33% at $1.43.
Indonesia Energy is trading higher by 102.50% at $82.56.
Imperial Petroleum is trading higher by 132.54% at $7.86.