Rex Energy Corporation was a big mover last session, as its shares rose over 18% on the day. The move came on the back of the company’s announcement of a two-year financial and operational plan, and a financial update on Jan 17. This led to 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 volatile price range of 47 cents  to 75 cents in the past one-month time frame.

Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Rex Energy currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Rex Energy Corp. Price

 

Rex Energy Corp. Price | Rex Energy Corp. Quote

A better-ranked stock in the Oil and Gas - Exploration and Production - United States space is Denbury Resources Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is REXX going up? Or down? Predict to see what others think: Up or Down

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>