OTC Energy Report: IFNY, SPND, EMPR, FECOF, HENC

Following were the most active stock buzzers on Monday. Keep an eye on these stocks this week.

American Noble Gas Inc. (OTCMKTS:IFNY) stock was in action in the previous trading session as the stock surged 26% to $0.44 with over 4.7k shares traded hands, compared to its average volume of 5.9k shares. Over the past 52-week, the stock has been moving in a range of $0.0800 – 0.6900.

Spindletop Oil & Gas Co. (OTCMKTS:SPND) stock was another volume buzzer in the previous trading session as the stock surged 7% to $4.12 with over 100 shares traded hands, compared to its average volume of 339 shares. Over the past 52-week, the stock has been moving in a range of $1.6100 – 4.1200.

Empire Petroleum Corporation (OTCMKTS:EMPR) stock was in action in the previous trading session as the stock gained 5.61% to $3.20 with over 4.3k shares traded hands, compared to its average volume of 12.87k shares. Over the past 52-week, the stock has been moving in a range of $0.3300 – 4.9000. The stock has soared 17% in the past month.

FEC Resources Inc. (OTCMKTS:FECOF) stock continued to trend higher on Monday. On Monday, the stock was up 0.63% to close at $0.0080 with more than 10k shares traded hands, compared to its average volume of 669k shares. FEC Resources Inc. engages in the exploration and development of oil and gas properties in the Philippines.

Hero Technologies Inc. (OTCMKTS:HENC) stock witnessed a bit of profit booking after the recent jump. On Monday, the stock was flat to close at $0.0449 with more than 6.8K shares traded hands, compared to its average volume of 146k shares. The stock has soared 16% in the past month.

Allied Energy Corp. (OTCMKTS:AGYP) AGYP deserves a look from oil and gas investors, as they recently announced signing a new lease and also struck oil on their leased well sites in Texas. Global energy prices are at 7 year highs. With the need for more domestic energy growing apparent, AGYP and its US based exploration projects may benefit. AGYP recently issued news that they have achieved production on the #1, #2, and #5 wells of the Gilmer Lease in Texas. AGYP announced they are also making progress on the Prometheus lease.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.