WPX Energy, Inc. (WPX)

Lloyd Doyle
January 19, 2018

WPX Energy, Inc. (NYSE:WPX) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Through this figure traders can analyze that WPX show whether or not a stock now most active and standing in buying side or sell side.

A number of other brokerages have also recently issued reports on WPX. Piper Jaffray Companies reiterated a "hold" rating and set a $17.00 target price on shares of WPX Energy in a report on Tuesday, January 9th. Credit Suisse Group assumed coverage on WPX Energy in a report on Monday, December 11th. The company was maintained on Sunday, August 27 by BMO Capital Markets. SunTrust Banks set a $14.00 target price on WPX Energy and gave the company a buy rating in a report on Wednesday, November 1st. Barclays upgraded WPX Energy from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $10.00 to $14.00 in a report on Tuesday, November 7th. Wpx Energy Inc now has $5.87 billion valuation. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $15.82.

Shares of WPX Energy (NYSE WPX) traded up 1.59% on Thursday, hitting $10.88. The company's market cap is $5.95 Billion, and the average volume is 5.83 Million. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.02 and a quick ratio of 0.95. Its 52-week high and low range is $15.17 and $8.4, respectively. The ROA ratio is calculated by comparing net income to average total assets, and is expressed as a percentage.

WPX Energy (NYSE:WPX) last issued its quarterly earnings results on Wednesday, November 1st.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 1.8 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. (NYSE:WPX) established that the company was able to keep return on investment at -2.11 in the trailing twelve month while Reuters data showed that industry's average stands at 8.42 and sector's optimum level is 33.31. The business had revenue of $461 million during the quarter, compared to analysts' expectations of $254.24 million. While in the same Quarter Previous year, the Actual EPS was $-0.16. Equities analysts anticipate that WPX Energy will post ($0.59) earnings per share for the current year.

Hedge funds have recently modified their holdings of the company. Ontario Teachers Pension Plan Board purchased a new position in WPX Energy in the 2nd quarter worth approximately $113,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of WPX Energy by 12.5% during the second quarter. CAPROCK Group Inc. now owns 32,804 shares of the oil and gas producer's stock worth $317,000 after buying an additional 20,940 shares in the last quarter. Commonwealth Equity Services Inc purchased a new position in WPX Energy in the 3rd quarter worth approximately $137,000. Balyasny Asset Management LLC grew its stake in WPX Energy by 5,688.3% in the second quarter. Parametric Portfolio Associates LLC now owns 476,430 shares of the oil and gas producer's stock worth $4,602,000 after purchasing an additional 1,198 shares in the last quarter.

For the Current Quarter, the growth estimate for WPX Energy, Inc.is 56.2%, while for the Next Quarter the stock growth estimate is 93.3%. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock.

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