Here are the oil & gas OTC stocks which are witnessing good momentum in mid-day trading. Keep an eye on these stocks:-
Baytex Energy Corp. (OTCMKTS:BTEGF) Adds To Gain
WOGI continues to tick higher and now trading higher by 5% to $2.02 . The stock has traded with more than 396K shares traded for the session, much higher than its 30-day average volume of 528k shares. WOGI stock has been gaining momentum over the past month with a jump of 45% in the past month.
Recently RBC Capital analyst Gregory Pardy maintained a Hold rating on Baytex Energy (NYSE:BTE) on Thursday, keeping a price target of C$2.5.
Seadrill Limited (OTCMKTS:SDRLF) Stock Jumps In Mid-Day Trading
SDRLF stock is seeing another green day and extending its weekly gains to over 25%. by Mid-day trading, SDRLF stock is up by 2% to $0.2550. So far, more than 212K shares traded for the session, compared its 30-day average volume of 123K shares. The stock opened at $0.2450 and moved within a range of $0.2450 – 0.2599. Over the past 52-week, the stock has moved within a range of $0.1600 – 0.4700.
Reconnaissance Energy Africa Ltd. (OTCMKTS:RECAF) Jumps On Unusual Volume
RECAF is another active gainer in today’s trading session and made a new high of $10.93 earlier in the session. The stock has increased by 6.25% to trade at $10.89. Total volume was 615K shares, compared to its daily average volume of 1.13 million shares. After opening at $10.25, the stock has been moving in a range of $10.24 – 10.93 for the session. RECAF stock is one of the top performer in the Oil sector with a jump of 575% so far this year.
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. Recently, the company released recent rework activities as well as highlights to a work schedule that the Company believes will bring multiple wells online.
