Ring Energy (REI) in Focus: Stock Adds 15% in Session – Tale of the Tape

This oil & gas drilling and exploration company has seen two negative estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same time frame. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if this yesterday’s rally can last.

Ring Energy currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Investors looking for well-positioned stocks in the oil and gas sector may consider Sandridge Mississippian Trust II (SDR), Atlas Resource Partners, L.P. (ARP) and Cheniere Energy, Inc. (LNG). While SDR sports a Zacks Rank #1 (Strong Buy), ARP and LNG carry a Zacks Rank #2 (Buy).

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