This independent oil & gas company has seen three positive estimate revisions and one negative estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Abraxas Petroleum Corp. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.
Abraxas Petroleum currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some stocks in the same industry looking equally good include Range Resources Corporation (RRC), World Point Terminals, LP (WPT) and Clayton Williams Energy, Inc. (CWEI). While Range Resources and World Point Terminals, LP hold a Zacks Rank #1 (Strong Buy), Clayton Williams Energy carries a Zacks Rank #2 (Buy).
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