OTC Energy Momentum Report: REOS, FTRS, PVRS, HENC, ROYL

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

ReoStar Energy Corp. (OTCMKTS:REOS) stock was in action in the previous trading session as the stock soared 52% to $0.0550 with over 1k shares traded hands, compared to its average volume of 74k shares. Over the past 52-week, the stock has been moving in a range of $0.0024 – 0.4170.

Futuris Company (OTCMKTS:FTRS) stock was another volume buzzer in the previous trading session as the stock ended higher 18% at $0.25 with over 800 shares traded hands, compared to its average volume of 39K shares. Over the past 52-week, the stock has been moving in a range of $0.1300 – 1.3500.   

Providence Resources, Inc. (OTCMKTS:PVRS) stock continued to trend higher on Monday. On Monday, the stock was up 12.22% at $0.0450 with more than 45k shares traded hands, compared to its average volume of 127k shares. Providence Resources, Inc., an exploration stage company, engages in the acquisition, exploration, and development of oil and gas properties. The company is based in Austin, Texas.

Hero Technologies Inc. (OTCMKTS:HENC) stock has been seeing selling pressure in the past week. On Monday, the stock ended up by 5% to $0.0440 with more than 402k shares traded hands, compared to its average volume of 132K shares. Over the past 52-week, the stock has been moving in a range of $0.0405 – 0.3174.    

Royale Energy, Inc. (OTCMKTS:ROYL) stock has been seeing buying pressure in the past week. On Monday, the stock ended higher by 4.50% at $0.0700 with more than 35K shares traded hands, compared to its average volume of 48K shares. Over the past 52-week, the stock has been moving in a range of $0.0400 – 0.2000.

Allied Energy Corp. (OTCMKTS:AGYP) 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 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 making progress on the Prometheus lease as well. 

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.