SouthcrossEnergy Partners, L.P. ( SXE ) saw a big move last session, as the company's shares fell by over 6% on the day. The move came on pretty good 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 below the volatile price range of $17.77 to $18.87 in the past one-month time frame.CHENIERE ENERGY (CQP): Get Free ReportPEMBINA PIPELN (PBA): Free Stock Analysis ReportQEP MIDSTRM PTR (QEPM): Free Stock Analysis ReportSOUTHCROSS EGY (SXE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
Over the past few weeks, there has been no movement in the current year estimate revisions for this midstream natural gas company, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
SXE currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked players in the oil production and pipeline industry include Cheniere Energy Partners LP ( CQP ), Pembina Pipeline Corporation ( PBA ) and QEP Midstream Partners, LP ( QEPM ). While Cheniere Energy and Pembina Pipeline carry a Zacks Rank #1 (Strong Buy), QEP Midstream holds a Zacks Rank #2 (Buy).
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