The oil and gas holding company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
ROYT currently has a Zacks Rank #3 (Hold) while itsEarnings ESP is 0.00%.
Some better-ranked stocks from the broader energy sector include EXCO Resources Inc. (XCO), Magellan Midstream Partners LP (MMP) and Flotek Industries Inc. (FTK). All these stocks hold a Zacks Rank #1 (Strong Buy).
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