Market Overview

Strength Seen in Talisman Energy (TLM): Stock Up 7.9% - Tale of the Tape

Talisman Energy Inc. (NYSE: TLM) was a big mover last session with shares rising nearly 8% 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 past one month's volatile price range of $10.11 to $10.89.

This independent oil and gas company has witnessed 1 positive estimate revision over the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.

Talisman Energy currently holds a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Investors interested in the broader oil and gas sector may consider well-placed stocks like Athlon Energy Inc. (NYSE: ATHL), Rex Energy Corp. (NASDAQ: REXX) and Clayton Williams Energy, Inc. (NASDAQ: CWEI). All three stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
ATHLON ENERGY (NYSE: ATHL): Free Stock Analysis Report
 
WILLIAMS(NYSE: C)ENGY (NASDAQ: CWEI): Free Stock Analysis Report
 
REX ENERGY CORP (NASDAQ: REXX): Free Stock Analysis Report
 
TALISMAN ENERGY (NYSE: TLM): 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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