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Memorial Production Partners (MEMP): Stock Jumps 12.4%

Memorial Production Partners LPMEMP was a big mover last session, as the company saw its shares rise over 12% 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 more than 49% in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Memorial Production currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the same space is Antero Resources Corporation AR sporting a Zacks Rank #1 (Strong Buy).

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

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

MEMORIAL PRODUC (MEMP): Free Stock Analysis Report

ANTERO RESOURCE (AR): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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