Comprehensive Stock Analysis Of WPX Energy, Inc. (WPX)

Xavier Trudeau
Juin 21, 2017

WPX Energy, Inc. (NYSE:WPX)'s latest quote $9.01 $0.34 -1.53% will find technical support in $8.88 a share and a breakdown below this region would be a significantly bearish signal for WPX Energy, Inc. traders. These analysts have also projected a Low Estimate of $-0.22/share and a High Estimate of $-0.08/share. WFG Advisors LP increased its position in WPX Energy by 22,734.3% in the fourth quarter. Credit Agricole S A acquired a new stake in shares of WPX Energy during the fourth quarter valued at approximately $122,000. FBR & Co reiterated a buy rating on shares of WPX Energy in a report on Wednesday, February 22nd. The correct version of this piece can be viewed at https://sportsperspectives.com/2017/06/20/utah-retirement-systems-has-939000-position-in-wpx-energy-inc-wpx.html. Meadow Creek Investment Management LLC increased its position in WPX Energy by 32.3% in the first quarter.

A number of hedge funds have recently modified their holdings of the stock. Numeric Investors LLC purchased a new position in shares of WPX Energy during the fourth quarter worth $152,000.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for WPX Energy, Inc. the EPS stands at -0.15 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.17, suggesting the stock exceeded the analysts' expectations. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seventeen have issued a buy rating to the company's stock. Zacks Investment Research downgraded shares of WPX Energy from a "buy" rating to a "hold" rating in a report on Monday, February 27th. On average, equities analysts expect that WPX Energy will post ($0.54) earnings per share for the current year. Sprott Inc. now owns 1,100,000 shares of the oil and gas producer's stock valued at $14,729,000 after buying an additional 975,000 shares during the last quarter. The analysts, on average, are forecasting a $17.44 price target, but the stock is already up 11.18% from its recent lows. Cadence Capital Management LLC now owns 10,821 shares of the oil and gas producer's stock valued at $158,000 after buying an additional 308 shares during the period. The firm had revenue of $461 million for the quarter, compared to analyst estimates of $254.24 million. Finally, Stifel Nicolaus started coverage on WPX Energy in a report on Wednesday, April 12th. Finally, Cadence Capital Management LLC increased its position in WPX Energy by 2.9% in the fourth quarter. The company now has a consensus rating of Buy and an average target price of $16.57.

WPX Energy Inc (NYSE:WPX) traded at a yearly high level of $16.17 during the last trading session. Going from the most negative analyst price target to above consensus is one thing. The stock now has a Market Cap of $3.63B.

Heading into the stock price potential, WPX Energy, Inc. needs to grow just 85.79% to cross its median price target of $17. WPX Energy had a negative net margin of 52.99% and a negative return on equity of 7.13%. M&T Bank Corp now owns 19,161 shares of the oil and gas producer's stock valued at $257,000 after buying an additional 912 shares in the last quarter. Meadow Creek Investment Management LLC now owns 10,816 shares of the oil and gas producer's stock valued at $145,000 after buying an additional 2,640 shares during the period.

WPX Energy, Inc is an oil and natural gas exploration and production company. It operates in the exploration and production segment of the oil and gas industry and its operations are conducted in the United States.

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