Oil & Gas Momentum Play: SSOF, ZNOG, FTXP

Following are the major gainers in the oil & gas sector by mid-day Monday. Make sure to put these on your watchlist for the month of July.

665 Energy, Inc. (OTCMKTS:SSOF) Stock Heats Up

SSOF is one of the biggest gainers in Monday’s trading session. The stock gapped up this morning and by mid-day soared 16% to $0.0090. Interestingly, the rise has been supported by hefty volume with more than 24.15 million shares have traded hands, compared to its daily average volume of 24.26 million. The stock opened at $0.0100 and moved within a range of $0.0081 – 0.0100. The stock has been gaining momentum over the past month with a jump of 400%.

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Continues to Move Up

ZNOG is moving higher by 7.50% to $0.42. So far more than 227k shares have traded hands, compared to its average volume of 1.63 million shares. The stock opened at $0.41 and moved within a range of $0.3850 – 0.4500. The stock has been gaining momentum over the past week with a gain of 24%.

Foothills Exploration, Inc. (OTCMKTS:FTXP) Gains Momentum

FTXP is trading higher by 16.67% to $0.0021 with more than 95.85 million shares traded hands, compared to its average volume of 183.04 million shares. The stock opened at $0.0018 and moved within a range of $0.0018 – 0.0023.

Allied Energy Corporation  (OTCMKTS:AGYP) is another oil stock to keep on your radar as the stock is in multi-year breakout.

AGYP is another active stock buzzer in the oil & gas sector. 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.

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