The oil and gas exploration and production company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
LNCO currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Some better-ranked stocks in the same sector include Sandridge Mississippian Trust II (SDR), Atlas Resource Partners, L.P. (ARP) and Cheniere Energy, Inc. (LNG). While Sandridge sports a Zacks Rank #1 (Strong Buy), Atlas Resource and Cheniere Energy hold a Zacks Rank #2 (Buy).
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