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This Canada-based oil exploration and production stock witnessed three negative revisions over the past 60 days. The Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday's move higher lasts.
Penn West Petroleum has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the sector include ARC Resources Ltd. (AETUF), Bellatrix Exploration Ltd. BXE and Canadian Oil Sands Limited (COSWF). All these stocks hold a Zacks Rank #2 (Buy).
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