Major Oil & Gas Momentum List: FTXP, PQEFF, GARB

Here are the oil & gas OTC stocks which are witnessing good momentum in mid-day trading. Keep an eye on these stocks:-

Foothills Exploration Inc (OTCMKTS:FTXP) Extends Rally: Now What?

FTXP continues to tick higher and now trading higher by 5% to $0.0025. The stock has traded with more than 503.42 million shares traded for the session, much higher than its 30-day average volume of 229.82 shares. FTXP stock has been gaining momentum over the past month with a jump of 200% in the past month.

This morning, the company announced that it has reached settlement agreements with and/or repaid and retired convertible promissory notes with all but one of its variable-rate convertible noteholders.

Petroteq Energy Inc. (OTCMKTS:PQEFF) Stock Jumps In Mid-Day Trading

PQEFF stock is seeing another green day and extending its monthly gains to over 142%. by Mid-day trading, PQEFF stock is up by 4% to $0.1210. So far, more than 913K shares traded for the session, compared its 30-day average volume of 3.36 million shares. The stock opened at $0.1157 and moved within a range of $0.1157 – 0.1269. Over the past 52-week, the stock has moved within a range of $0.0180 – 0.2500.

Garb Oil & Power Corporation (OTCMKTS:GARB) Jumps On Unusual Volume

GARB is another active gainer in today’s trading session. The stock has increased by 33% to trade at $0.0004. Total volume was 102.22 million shares, compared to its daily average volume of 660.33 million shares. After opening at $0.0003, the stock has been moving in a range of $0.0003 – 0.0004 for the session.

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.

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