BULLISH DIVERGENCE
POSITIVE MACD
2ND MONTH TRADING ABOVE 8 MONTH MA, PREVIOUS SIGNAL GENERATED >50% UPSIDE!
SAR STOP TO BE TRIGGERED SOON
CONTINUOUS OIL RALLY SINCE JUNE 2017 TO HAVE HUGE POSITIVE IMPACT ON PROFITS!
4 Energy Stocks With Soaring Estimates Ahead of Q4 Earnings
Picking the Right StocksFirst we have QEP Resources, Inc. (QEP - Free Report) , headquartered in Denver, CO. The company is an upstream energy player with prime focus on the Permian Basin. The stock has a Zacks Rank #2 (Buy) and a VGM Score of B. It has witnessed an increase of more than 15% in its earnings estimate revisions for the fourth quarter in the last four weeks. This oil and gas explorer reported a positive earnings surprise of 50% in the preceding quarter. The company has an Earnings ESP of +129.2% for the fourth quarter, expected to be reported on Feb 28.
Are Options Traders Betting on a Big Move in QEP Resources (QEP) Stock?
January 18, 2018
What do the Analysts Think? Clearly, options traders are pricing in a big move for QEP Resources shares, but what is the fundamental picture for the company? Currently, QEP Resources is a Zacks Rank #2 (Buy) in the Oil and Gas - Exploration and Production - United States industry that ranks in the Top 26% of our Zacks Industry Rank. Over the last 60 days, two analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from a loss of 7 cents per share to a loss of 6 cents in that period.Given the way analysts feel about QEP Resources right now, this huge implied volatility could mean there’s a trade developing.
POSITIVE MACD
2ND MONTH TRADING ABOVE 8 MONTH MA, PREVIOUS SIGNAL GENERATED >50% UPSIDE!
SAR STOP TO BE TRIGGERED SOON
CONTINUOUS OIL RALLY SINCE JUNE 2017 TO HAVE HUGE POSITIVE IMPACT ON PROFITS!
4 Energy Stocks With Soaring Estimates Ahead of Q4 Earnings
Picking the Right StocksFirst we have QEP Resources, Inc. (QEP - Free Report) , headquartered in Denver, CO. The company is an upstream energy player with prime focus on the Permian Basin. The stock has a Zacks Rank #2 (Buy) and a VGM Score of B. It has witnessed an increase of more than 15% in its earnings estimate revisions for the fourth quarter in the last four weeks. This oil and gas explorer reported a positive earnings surprise of 50% in the preceding quarter. The company has an Earnings ESP of +129.2% for the fourth quarter, expected to be reported on Feb 28.
Are Options Traders Betting on a Big Move in QEP Resources (QEP) Stock?
January 18, 2018
What do the Analysts Think? Clearly, options traders are pricing in a big move for QEP Resources shares, but what is the fundamental picture for the company? Currently, QEP Resources is a Zacks Rank #2 (Buy) in the Oil and Gas - Exploration and Production - United States industry that ranks in the Top 26% of our Zacks Industry Rank. Over the last 60 days, two analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from a loss of 7 cents per share to a loss of 6 cents in that period.Given the way analysts feel about QEP Resources right now, this huge implied volatility could mean there’s a trade developing.