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Exterran Partners (EXLP) in Focus: Stock Goes Down 6% - Tale of the Tape

Exterran Partners, L.P. (NASDAQ: EXLP) saw a big move in the last trading session, as the company's shares fell by nearly 6% on the day. The move came on pretty good 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 below the volatile price range of $28.51 to $30.79 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the company, a provider of natural gas contract operations services to customers throughout the United States, has seen 6 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

EXLP currently holds a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Investors interested in the Oils- Field Services industry may consider better-ranked stocks like Compressco Partners, L.P. (NASDAQ: GSJK), Willbros Group Inc. (NYSE: WG) and Unit Corporation (NYSE: UNT). While Compressco and Willbros hold a Zacks Rank #1 (Strong Buy), Unit Corporation carries a Zacks Rank #2 (Buy).

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EXTERRAN PTNRS (NASDAQ: EXLP): Free Stock Analysis Report
 
COMPRESSCO PTNR (NASDAQ: GSJK): Free Stock Analysis Report
 
UNIT CORP (NYSE: UNT): Free Stock Analysis Report
 
WILLBROS GROUP (NYSE: WG): Free Stock Analysis Report
 
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The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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