Following are the major gainers in the oil & gas sector by mid-day Wednesday. Make sure to put these on your watchlist for the month of July.
665 Energy, Inc. (OTCMKTS:SSOF) Stock Jumps 15%
NECA is one of the biggest gainers in Wednesday’s trading session. The stock gapped up this morning and by mid-day soared 41% to $0.0069. Interestingly, the rise has been supported by hefty volume with more than 32.38 million shares have traded hands, compared to its daily average volume of 19.11 million. The stock opened at $0.0058 and moved within a range of $0.0030 – 0.0077. The stock has been gaining momentum over the past week with a jump of 130%.
Manitok Energy Inc. (OTCMKTS:MKRYF) Continues to Move Up
AEPT is moving higher by 82% to $0.0031. So far more than 129k shares have traded hands, compared to its average volume of 153k shares. Manitok is a public oil and gas exploration and development company focusing on Lithic Glauconitic light oil in southeast Alberta and Cardium light oil in west central Alberta.
U.S. Energy Initiatives Corporation Inc. (OTCMKTS:USEI) Gains Momentum
USEI is trading higher by 3% to $0.0017 with more than 32.76 million shares traded hands, compared to its average volume of 175.39 million shares. The stock opened at $0.0018 and moved within a range of $0.0016 – 0.0018.
Allied Energy Corporation (OTCMKTS:AGYP) Continues To get Special Attention
AGYP is another active stock buzzer in the oil & gas sector. The stock has been gaining momentum since last week with a jump of 135% on increased volume. A recent string of Twitter updates show Allied Energy is making impressive progress at their Green and Gilmer leases located in Texas.
AGYP stock is trading above 50-day and 200-day moving average, signaling a solid breakout. Moreover, the stock is just 15% away from its multi-year high of $0.71. So there could be another new breakout once the stock crosses a new high. Keep an eye on AGYP stock.
At the time of writing, AGYP stock is trading flat at $0.62 after soaring 30% last week.
