Published: Wed, May 24, 2017
Money | By Armando Alvarado

Does WPX Energy, Inc. (WPX)'s current closing price competes the market?

The collective rating of 1.9 for WPX Energy, Inc. ABR value is precisely based on brokerage recommendations, where out of 17 brokerage recommendations 13 rate WPX Energy Inc (NYSE:WPX) stock a Strong Buy, 1 rate the stocks of the company a Buy, 3 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. The original version of this report can be accessed at Dingmann now expects that the oil and gas producer will post earnings of ($0.07) per share for the year, down from their previous forecast of ($0.06).

Last time, the company shocked Wall Street by reporting EPS of $-0.15, smashing the consensus of $-0.17 per share. The original version of this piece of content can be read at After having $-0.15 EPS previously, WPX Energy Inc's analysts see 6.67 % EPS growth. The Return on Equity (ROE) value stands at -15.2%. (WPX) have 382.83 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Over the last week of the month, it was 0.08%, -9.75% over the last quarter, and -2.13% for the past six months.

A number of research firms recently weighed in on WPX.

10/03/2016 - WPX Energy, Inc. had its "buy" rating reiterated by analysts at Wunderlich. BMO Capital Markets upgraded WPX Energy from a "market perform" rating to an "outperform" rating in a report on Tuesday, January 31st. The Price to Sales (P/S) ratio of the stock is 5.36, while P/B (Price to Book) stands at 1.26. (WPX) now has a value of $12.65 while the company's 52 week low is at $8.23, the shares dropped to the 52 week low on 06/27/16. Zacks Investment Research cut WPX Energy from a "buy" rating to a "hold" rating in a report on Monday, February 27th. The dividend is payable as of July 31, 2017, to holders of record of the company's preferred stock on July 14, 2017.

A price target is the projected price level of a financial security stated by an investment analyst. WPX Energy Inc (NYSE:WPX) has risen 29.74% since May 23, 2016 and is uptrending. 7,766,791 shares of the stock were exchanged. The stock notched a 12-month high of $17.87 while $27.00 target is by far the most aggressive out of analysts who are now evaluating the company, $9.13 higher than the next highest 52-week price estimate. The relative volume of the stock is 1.07, while its market cap is $4.84 Billion.

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A total of 15.8 million shares exchanged at hands and its average trading volume is standing at 3.88 million shares. The day's total volume of 3836335 this morning is in contrast from the three-month daily average of 1319.43K.

Several institutional investors have recently modified their holdings of the company. Norges Bank acquired a new position in WPX Energy during the fourth quarter valued at $50,329,000. Jennison Associates LLC now owns 8,383,200 shares of the oil and gas producer's stock valued at $112,251,000 after buying an additional 2,255,271 shares during the last quarter.

With all other things going on, WPX Energy, Inc. PNC Financial Services Group Inc. now owns 13,095 shares of the oil and gas producer's stock worth $172,000 after buying an additional 672 shares in the last quarter. The Sanders Capital Llc holds 3.17 million shares with $118.54M value, down from 3.21M last quarter. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.26% with $382.83 Million sitting short, betting on future declines.

03/23/2017 - UBS began new coverage on WPX Energy, Inc. giving the company a " rating. Finally, Riverhead Capital Management LLC raised its position in WPX Energy by 219.3% in the third quarter. First Trust Advisors LP now owns 4,397,845 shares of the oil and gas producer's stock worth $58,008,000 after buying an additional 2,909,558 shares during the period. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & worldwide copyright and trademark laws.

04/12/2017 - Stifel Nicolaus began new coverage on WPX Energy, Inc. giving the company a "buy" rating. The Firm is engaged in the exploitation and development of unconventional properties. 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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