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Strength Seen in Talisman Energy (TLM): Stock Up 7.9%

Zacks Equity Research

Talisman Energy Inc. (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. (ATHL), Rex Energy Corp. (REXX) and Clayton Williams Energy, Inc. (CWEI). All three stocks sport a Zacks Rank #1 (Strong Buy).

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TALISMAN ENERGY INC (TLM): Free Stock Analysis Report

ATHLON ENERGY INC (ATHL): Free Stock Analysis Report

REX ENERGY CORP (REXX): Free Stock Analysis Report

CLAYTON WILLIAMS ENERGY INC (CWEI): Free Stock Analysis Report


Zacks Investment Research