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RSP Permian, Inc. RSPP was a big mover last session, as the company saw its shares climb nearly 8% 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% in the last five days.
None of the estimates for this U.S. oil exploration and production stock were revised over the past seven days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
RSP Permian currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the same industry is Cobalt International Energy, Inc. CIE, sporting a Zacks Rank #1 (Strong Buy).
Is RSPP going up? Or down? Predict to see what others think: Up or Down
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COBALT INTL EGY (CIE): Free Stock Analysis Report
RSP PERMIAN INC (RSPP): Free Stock Analysis Report
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