Lilis Energy, Inc. (LLEX - Free Report) was a big mover last session, as the company saw its shares rise more than 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 35.9% in the past one-month time frame.
The move came after the company reported that it has inked a crude oil gathering deal with Salt Creek Midstream, LLC.
The company has seen a mixed track record when it comes to estimate revisions of two increases and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Lilis Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the Oil and Gas - Exploration and Production - United States industry may consider Anadarko Petroleum Corporation (APC - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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