Following are the major OTC gainers in the Oil & Gas Sector on Wednesday. Be sure to put them on your momentum watch list.
665 Energy, Inc. (OTCMKTS:SSOF) is one the notable gainer by mid-day and up by 11% at $0.0030. The stock saw a higher than average volume with more than 8.98 million shares traded for the session, compared its 30-day average volume of 4.08 million shares. The stock moved within a range of $0.0025 – 0.0033 by late morning session after opening at $0.0027.
Renaissance Oil Corp. (OTCMKTS:RNSFF) moved up 5.30% to trade at $0.3880 in Wednesday’s trading session, after hitting a new 52-week high of $0.4191. So far total volume is 1.15 million, compared to its average volume of 1.71 million shares. The stock made session high and low of $0.3611 – 0.4191 respectively. The stock opened at $0.3688. The stock has soared almost 252% so far this year.
Tiger Oil and Energy, Inc. (OTCMKTS:TGRO) is another winner with a jump of 10% to trade at $0.0011. The stock saw a total volume of 34.92 million shares, compared to its average volume of 138.96 million shares. The stock moved within a range of $0.0010 – 0.0012 in the today’s trading session after opening at $0.0010. Over the past 52-week high, the stock has been moving within a range of $0.0000 – 0.0043.
Universal Energy Corp. (OTCMKTS:UVSE) is gaining momentum as well with a jump of 14.30% to $0.0004. The stock saw a lower than average volume with more than 4.44 million shares traded for the session- compared to its average volume of 84 million shares. The stock moved within a range of $0.0003 – 0.0004 in the today’s trading session after opening at $0.0004.
Another oil & gas stock to keep an eye on is Allied Energy (OTCMKTS: AGYP). After gaining solid momentum in first 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.
Last week, the company announced it had secured 2 triplex pumps to be installed on the Green & Gilmer leases salt water injection wells. Here is the tweet by the company.