Here are the oil & gas OTC stocks which are witnessing good momentum in mid-day trading. Keep an eye on these stocks:-
World Oil Group, Inc. (OTCMKTS:WOGI) Adds To Gain
WOGI is the notable gainer in oil & gas sector and now up by 10% to $0.0417. The stock has traded with more than 3.13 million shares traded for the session, much higher than its 30-day average volume of 8.04 shares. WOGI stock has been gaining momentum over the past month with a jump of 1420% in the past 6-month.
Diversified Oil & Gas Holdings, Ltd. (OTCMKTS:DVFI) Stock Jumps In Mid-Day Trading
DVFI stock is seeing heavy buying pressure by the mid-day session on Thursday. As of 11:20, DVFI stock is up by 24% to $0.0105. So far, more than 4.10 million shares traded for the session, compared its 30-day average volume of 2.60 million shares. The stock opened at $0.0086 and moved within a range of $0.0085 – 0.0105. Over the past 52-week, the stock has moved within a range of $0.0002 – 0.0170.
Manitok Energy Inc. (OTCMKTS:MKRYF) Jumps On Unusual Volume
MKRYF is another active double-digit gainer in today’s trading session. The stock has increased by 54% to trade at $0.0100. Total volume was 323K shares, 3X its daily average volume of 73K shares. After opening at $0.0070, the stock has been moving in a range of $0.0070 – 0.0113 for the session.
ParaFin Corporation (OTCMKTS:PFNO) in Action
PFNO is moving higher by 4% to $0.0025. By mid-day, the stock has traded 2.04 million shares – well above its average volume of 21.80 million shares. PFNO stock is up 140% over the past 6- month.
Another oil stock to keep an eye on is Allied Energy (OTCMKTS:AGYP). AGYP stock has been gaining solid momentum since the beginning of the year with a jump of about 500%. The stock has been consolidating after the big rally and a break above 35 cents could trigger another technical breakout. Yesterday, the company released recent rework activities as well as highlights to a work schedule that the Company believes will bring multiple wells online.