Abraxas Petroleum Corp (fka AXAS)

[Belek]

From Zack's February 27, 2014

Newfield Exploration Co. ( NFX ) was a big mover last session, as the company saw its shares rise over 7% 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 $23.69 to $26.33 in the past one-month time frame.

The company has seen a mixed track record. There have been estimate revisions of one increase and two decreases over the past few 30 days, while the Zacks Consensus Estimate has not been in a trend either. Yesterday's jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

However, some better-ranked stocks in the independent oil and gas industry include Athlon Energy Inc. ( ATHL ), Warren Resources Inc. ( WRES ) and Abraxas Petroleum Corp. ( AXAS ). While Athlon Energy and Warren Resources sport a Zacks Rank #1 (Strong Buy), Abraxas Petroleum has a Zacks Rank #2 (Buy).


Read more: http://www.nasdaq.com/article/newfield-exploration-nfx-jumps-stock-rises-73-tale-of-the-tape-cm330570#ixzz2uj5w0lrx