Major Oil & Gas Momentum List: FNRC, SDRLF, RNSFF

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

1st NRG Corp. (OTCMKTS:FNRC) Extends Rally: Now What?

FNRC continues to tick higher and now trading higher by 20% to $0.0006. The stock has traded with more than 62.49 million shares traded for the session, compared to its 30-day average volume of 98.40 million shares. Over the past 52-week, the stock has moved within a range of $ 0.0000 – 0.0013.

Seadrill Limited (OTCMKTS:SDRLF) Stock Moves in a Range

SDRLF stock is seeing another green day and by mid-day trading, SSOF stock is up by 1% to $0.2770. So far, more than 138k shares traded for the session, compared its 30-day average volume of 130k shares. The stock opened at $0.2776 and moved within a range of $0.2650 – 0.2800. Over the past 52-week, the stock has moved within a range of $0.1600 – 0.4700.

Renaissance Oil Corp. (OTCMKTS:RNSFF) Recovers After Opening Lower

RNSFF is another active gainer in today’s trading session. The stock has increased by 2% to trade at $0.42. Total volume was 3.22 million shares, compared to its daily average volume of 1.93 million shares. After opening at $0.3720. Last week, the company announced that it has filed a supplement (the “Supplement”) to its management information circular dated May 27, 2021 (the “Circular”) in respect of Renaissance’s annual general and special meeting of security holders to be held virtually at 10:00 a.m.

Allied Energy (OTCMKTS:AGYP) In a Breakout

Another oil stock to keep an eye on is Allied Energy (OTCMKTS:AGYP) as stock had a major breakout Friday as we know on high volume.  AGYP stock has been gaining solid momentum since the beginning of the year with a jump of about 500%. The stock had been consolidating after the big rally and broke above 35 cents to trigger a 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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