Gastar Exploration (GST) Catches Eye: Stock Moves 5.2% Higher

Gastar Exploration Inc. (GST) was a big mover last session with shares rising over 5% 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 way above the past one month’s volatile price range of $5.12 to $6.33.

This independent energy company has seen two positive estimate revisions in the last 7 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 jump can turn into more strength down the road.

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

Investors interested in the oil and gas sector may consider better-ranked stocks like Crescent Point Energy Corp. (CPG), Baytex Energy Corp. (BTE) and Canadian Natural Resources Limited (CNQ). While CPG sports a Zacks Rank #1 (Strong Buy), BTE and CNQ bear a Zacks Rank #2 (Buy).

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GASTAR EXPLORATION INC (GST): Free Stock Analysis Report

CRESCENT POINT ENERGY CORP (CPG): Free Stock Analysis Report

BAYTEX ENERGY CORP NEW (BTE): Free Stock Analysis Report

CANADIAN NAT RES LTD (CNQ): Free Stock Analysis Report


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