This independent energy company has seen two positive estimate revisions in the last 7 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Gastar Exploration currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the oil and gas sector may consider better-ranked stocks like Crescent Point Energy Corp. (CPG), Baytex Energy Corp. (BTE) and Canadian Natural Resources Limited (CNQ). While CPG sports a Zacks Rank #1 (Strong Buy), BTE and CNQ bear a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment