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InterOil (IOC) Jumps: Stock Adds 10.1% in Session

Zacks Equity Research

InterOil Corporation (IOC) was a big mover last session with the shares rising over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down nearly 9% in the past one-month time frame.

This integrated oil and gas company has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

InterOil currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the same sector include Abraxas Petroleum Corp. (AXAS), Tesco Corp. (TESO) and SM Energy Company (SM). All these stocks sport a Zacks Rank #1 (Strong Buy).

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INTEROIL CORP (IOC): Free Stock Analysis Report

ABRAXAS PETROLEUM CP (AXAS): Free Stock Analysis Report

TESCO CORP (TESO): Free Stock Analysis Report

SM ENERGY COMPANY (SM): Free Stock Analysis Report

Zacks Investment Research