QR Energy, LP ( QRE ) was a big mover last session, as the company saw its shares rise over 9% 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 11.18% over the last 7 days.
The company has seen no estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for QR Energy. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
QR Energy currently sports a Zacks Rank #1 (Strong Buy) with a negative Earnings ESP .
Some other stocks worth considering in the oil and gas industry include Callon Petroleum Company ( CPE ), EXCO Resources Inc. ( XCO ) and Midstates Petroleum Company, Inc. ( MPO ). Each of these stocks sports the same Zacks Rank as QR Energy.