Quicksilver Resources Inc. (KWK) was a big mover last session, as the company saw its shares rise nearly 7% 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 more than 23% in the past one-month time frame.
Despite witnessing four positive and only one negative estimate revisions in the past 30 days, Quicksilver Resources' Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Quicksilver Resources currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Other better-ranked oil and gas stocks include RSP Permian, Inc. (RSPP), Clayton Williams Energy, Inc. (CWEI) and Abraxas Petroleum Corp. (AXAS). While RSP Permian and Clayton Williams Energy sport a Zacks Rank #1 (Strong Buy), Abraxas Petroleum has a Zacks Rank #2 (Buy).
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