Triangle Petroleum Corporation (TPLM) was a big mover last session, as the company saw its shares surge more than 17% on the day. The move came on the back of solid volume too, as far more shares changed hands than in a normal session. The uptrend is continuing for the company, as the stock is now up nearly 32% in the past one-month time period.
The company has seen 3 positive estimate revisions in the past few weeks and its earnings consensus has moved higher over the past 30 days, suggesting that more solid trading could be in store for Triangle Petroleum. So make sure to keep an eye on this stock going forward to see if this recent surge can turn into more strength down the road.
Triangle Petroleum currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Some other oil & gas stocks worth considering include Carrizo Oil & Gas Inc. (CRZO), Range Resources Corporation (RRC) and Whiting Petroleum Corp. (WLL). All these carry a Zacks Rank #1 (Strong Buy).
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