This independent oil and gas company has seen a mixed track record when it comes to estimate revisions of 1 increase and 1 decrease over the last 30 days. However, the Zacks Consensus Estimate has moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if Thursday’s jump can turn into more strength down the road.
Triangle Petroleum currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Investors interested in the broader oil and gas sector may consider well-placed stocks like Crescent Point Energy Corp. (CPG), Baytex Energy Corp. (BTE) and Canadian Natural Resources Limited (CNQ). All three stocks bear a Zacks Rank #2 (Buy).
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