OTC Morning Oil & Gas Gainers: PQEFF, BTEGF, IBGR

Petroteq Energy Inc. (OTCMKTS:PQEFF) is the biggest gainer this morning and up by whopping 45% at $0.193 after hitting a new 52-week high of $0.245. The stock saw a higher than average volume with more than 14.57 million shares traded for the session, compared its 30-day average volume of 2.59 million shares. The stock moved within a range of $0.1851 – 0.2495 by late morning session. The stock has soared almost 300% in a week.

Baytex Energy Corp (OTCMKTS:BTEGF) moved up 13.65% to trade at $1.7371 in Tuesday’s trading session and made a new 52-week high of $1.78 earlier this morning. Volume was heavy with more than 730K shares traded hands, well above its average volume of 550K shares. The stock made session high and low of $1.78 – 1.59 respectively. The stock opened at 1.63. The stock has soared almost 225% so far this year.

Nexus Energy Services, Inc (OTCMKTS:IBGR) is another winner which saw an unusual move on Tuesday. The stock surged 12% to trade at $0.0895. The stock saw a total volume of 120K shares, compared to its average volume of 553K shares. The stock moved within a range of 0.0860 – 0.0990in the today’s trading session.

Another oil & gas stock that could be on the watchlist for the coming sessions is Allied Energy (OTCMKTS:AGYP). The stock has seen a nice uptrend since the beginning of this year gaining 500%. Moreover, the stock has built a strong base of around 30 cents after weeks of consolidation. Interestingly, the stock is trade above 200-SMA of $0.17 – which signals that the long-term uptrend is still intact.

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