EP Energy (EPE) Looks Good: Stock Moves 12.7% Higher – Tale of the Tape

Zacks

EP Energy Corporation (EPE) was a big mover last session with shares rising nearly 13% on the day. The move came on solid volume 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 volatile price range of $7.16 to $9.30 since Dec 4.

This independent exploration and production company has seen one negative estimate revision in the last 7 days. However, the Zacks Consensus Estimate has remained unchanged over the same period. Friday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

EP Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Investors interested in the oil and gas industry may consider a better-ranked stock like Cheniere Energy, Inc. (LNG). The stock carries a Zacks Rank #2 (Buy).

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