Constellation Energy Partners LLC (CEP) was a big mover last session, as the company saw its shares rise nearly 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 28.18%% in the past one-month time frame.
This U.S. oil exploration and production stock witnessed no estimate revision in the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Constellation Energy Partners has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However some better-ranked stocks in the sector include Range Resources Corporation (RRC), Warren Resources Inc. (WRES) and Abraxas Petroleum Corp. (AXAS). While Range Resources and Warren Resources sport a Zacks Rank #1 (Strong Buy), Abraxas Petroleum holds a Zacks Rank #2 (Buy).
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