OTC Morning Oil & Gas Winners:FNRC, BTEGF, PQEFF, IBGR

1st NRG Corp. (OTCMKTS:FNRC) is one the notable gainer by mid-day and up by 8% at $0.0005 after. The stock saw a lower than average volume with more than 7.40 million shares traded for the session, compared its 30-day average volume of 74 million shares. The stock moved within a range of $ 0.0004 – 0.0005 by late morning session after opening at $0.0005.

Baytex Energy Corp (OTCMKTS: BTEGF) moved up 2% to trade at $1.79 in Thursday’s trading session, trading near its 52-week high of $1.85. So far total volume is 349K, well above its average volume of 540K shares. The stock made session high and low of $1.8099 – 1.75 respectively. The stock opened at 1.7937. The stock has soared almost 212% so far this year.

Petroteq Energy Inc (OTCMKTS:PQEFF) is another winner with a jump of 9% to trade at $0.1420. The stock saw a total volume of 1.60 million shares, compared to its average volume of 3.10 million shares. The stock moved within a range of $0.1385 – 0.1544 in the today’s trading session after opening at $0.1485. The stock has gained almost 185% over the past month.

Nexus Energy Services, Inc. (OTCMKTS:IBGR) is gaining momentum as well with a jump of 2% to $0.10. The stock saw a higher than average volume with more than 530K shares traded for the session- compared to its average volume of 547K shares. The stock moved within a range of $0.0855 – 0.1099 in the today’s trading session after opening at $0.0856.

Another oil & gas stock to keep an eye on is Allied Energy (OTCMKTS: AGYP). The stock is trading higher by 13% to $0.30 by the mid-day trading session. The stock has seen a total volume of 291K shares. After gaining solid momentum in 6 weeks of this year, the stock has been consolidating within a narrow range. Considering the recent range-bound trading, AGYP may have digested the 510% gain year-to-date and may be preparing for another breakout above 35 cents.

This morning, the company announced it has secured 2 triplex pumps to be installed on the Green & Gilmer leases salt water injection wells. Here is the tweet by the company.

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