Athlon Energy (ATHL) Surges: Stock Rises by 13.1%

Zacks

Athlon Energy Inc. (ATHL) was a big mover last session, as the company saw its shares rise more than 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $33.54 to $36.74 in the past one-month time frame.

This U.S.-based oil exploration and production stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Athlon Energy. So make sure to keep an eye on this stock going forward to see if this yesterday’s jump can turn into more strength down the road.

Athlon Energy carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%

However, some better-ranked stocks from the same sector include Range Resources Corporation (RRC), World Point Terminals, LP (WPT), Abraxas Petroleum Corp. (AXAS). While Range Resources and World Point Terminals sport a Zacks Rank #1 (Strong Buy), Abraxas Petroleum Corp holds a Zacks Rank #2 (Buy).

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ATHLON ENERGY INC (ATHL): Free Stock Analysis Report

RANGE RESOURCES CORP (RRC): Free Stock Analysis Report

WORLD POINT TERMINALS LP (WPT): Free Stock Analysis Report

ABRAXAS PETROLEUM CP (AXAS): Free Stock Analysis Report


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