Here are the OTC oil stocks which are up big in mid-day trading. Keep an eye on these stocks:-
Seadrill Limited (OTCMKTS:SDRLF) Gains Momentum
SDRLF is the notable gainer in oil & gas sector and now up by 15.30% to $0.58. The stock has traded with more than 511k shares traded for the session, compared to its 30-day average volume of 231k shares. SDRLF stock has witnessed a solid jumped over the past couple of weeks with a jump of 150%.
New America Energy Corp. (OTCMKTS:NECA) Stock Jumps In Mid-Day Trading
NECA stock is seeing mild buying pressure by the mid-day session on Monday. As of 12:16, NECA stock is up by 9% to $0.0019. So far, more than 16.39 million shares traded for the session, compared its 30-day average volume of 119.17 million shares. The stock opened at $0.0018 and moved within a range of $0.0017 – 0.0019. Over the past 52-week, the stock has moved within a range of $0.0000 – 0.0120.
MDM Permian, Inc. (OTCMKTS:MDMP) Jumps On Unusual Volume
MDMP continues to gain momentum and is up another by 7% to trade at $0.1250. Total volume is 623K shares, compared to its daily average volume of 2.09 million shares. After opening at $0.1200, the stock has been moving in a range of $0.1150 – 0.1269 for the session.
Another oil stock looks interesting is Allied Energy Corporation (OTCMKTS:AGYP). Recently, the company has put out some more tweets updating their progress on their Green Lease. Progress is being made. The site has been cleared for the flow lines, 2 injection wells are set and the battery of collection tanks are ready for oil to flow.
The stock has been gaining momentum since mid-June with a jump of 160% 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. yesterday, the company issued an update regarding progress being made at the Company’s M1 Well at their Green Lease location.
AGYP stock is trading above 50-day and 200-day moving average, signaling a solid breakout. Moreover, the stock is trading at multi-year high. Keep an eye on AGYP stock as it may be looking to cross $1.
