Enbridge Energy Management LLC (EEQ) was a big mover last session, as the company saw its shares rise just over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month’s volatile price range of $34.22 to $38.00.
This operator of crude oil and liquid petroleum transportation and storage assets in the U.S. has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Enbridge Energy Management currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some notable stocks in the oil and gas industry are Atlas Pipeline Partners, L.P. (APL), Magellan Midstream Partners LP (MMP) and Regency Energy Partners LP (RGP). All the three stocks carry a Zacks Rank #2 (Buy).
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