Stone Energy Corp. was a big mover last session, as the company saw its shares rise more than 9% on the day.  Shares moved up after the company announced that it would make the necessary payments to its lenders to comply with its financial obligations. This led to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $2.90 to $6.70 in the past one-month time frame, showed a pick-up yesterday at $5.21.

This U.S.-based oil exploration and production company witnessed one positive and one negative estimate revision over the past 30 days. The Zacks Consensus Estimate moved up over the same time frame, suggesting that more solid trading could be ahead for Stone Energy. So make sure to keep an eye on this stock going forward to see if the recent jump can turn into more strength down the road.

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

STONE ENERGY CP Price

STONE ENERGY CP Price | STONE ENERGY CP Quote

However, a better-ranked stock in the same space is Halcón Resources Corporation , sporting a Zacks Rank #1 (Strong Buy).

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