These OTC stocks were on the move Friday and are worth watching Monday.
Allied Energy Corp. (OTCMKTS:AGYP) deserve a look from oil and gas investors as they have recently announced signing a new lease and also struck oil on their leased well sites located in Texas. Global energy prices are near 7 year highs. With the need for more domestic energy growing apparent, AGYP and its US based exploration projects may benefit.
Royale Energy Funds Inc (OTCMKTS:ROYL) was on the move last week. The stock fell 8% last week and 4% on Friday to closed at $0.0740. Royale Energy, Inc. acquires, explores for, develops, produces, and sells oil and natural gas properties in the United States. Its principal operations are located in the Sacramento Basin.
Futuris Co (OTCMKTS:FTRS) stock was in action in the previous trading session as the stock jumped 18% to $0.2950 with over 108K shares traded hands, compared to its average volume of 32K shares. Over the past 52-week, the stock has been moving in a range of $0.1300 – 1.3500.
Empire Petroleum Corporation (OTCMKTS:EMPR) is another stock which has been gaining momentum over the past week. The stock has surged 10% on Friday to close at $2.27. Over the past 52-week, the stock has been moving in a range of $0.3100 – 4.1600.
Infinity Energy Resources Inc. (OTCMKTS:IFNY) stock has been gaining momentum over the past week with a jump of about 12%. The stock was up 3% at $0.39 in the previous trading session with more than 17K shares traded hands, compared to its average volume of 6K shares.
Continental Energy Corporation (OTCMKTS:CPPXF) is one of the major stock movers in the past week on increased volume. The stock has soared 29% on Friday. Continental Energy Corporation develops small-scale crude oil refineries. Its refineries are located with smaller and/or stranded oil and gas producing fields to refine and supply fuels to underserved local markets in the Republic of Indonesia.
FEC Resources Inc. (OTCMKTS:FECOF) stock has been gaining momentum over the past week with a jump of about 16% with more than 116k shares traded hands, compared to its average volume of 767k shares.
