Back to top

Image: Bigstock

PDC Energy (PDCE) in Focus: Stock Moves 5.6% Higher

Read MoreHide Full Article

PDC Energy, Inc. was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down 23.6% in the past one-month time frame.

The company has seen four positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for PDC Energy. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road. 

PDC Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

A better-ranked stock in the Oil and Gas - Exploration and Production - United States industry is SilverBow Resources Inc. (SBOW - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


SilverBow Resources (SBOW) - free report >>

Published in