News coverage about WPX Energy (NYSE:WPX) has trended somewhat positive on Monday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WPX Energy earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the oil and gas producer an impact score of 46.438355501731 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- WPX Energy, Inc. (WPX) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- WPX Energy, Inc. (WPX) stock gained 22.28% return Quarterly … – Street Observer (press release) (streetobserver.com)
- WPX Energy, Inc. (WPX) Given a $17.00 Price Target at Stifel Nicolaus (americanbankingnews.com)
- Financial Contrast: WPX Energy (WPX) versus Its Peers (americanbankingnews.com)
- Natural Gas Drops below $3: Which Gas-Weighted Stocks Could Fall? (finance.yahoo.com)
WPX Energy (NYSE:WPX) opened at 11.04 on Monday. The firm’s market capitalization is $4.39 billion. WPX Energy has a 12 month low of $8.39 and a 12 month high of $16.17. The company’s 50 day moving average price is $10.53 and its 200 day moving average price is $10.94.
WPX Energy (NYSE:WPX) last released its earnings results on Wednesday, August 2nd. The oil and gas producer reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.02. WPX Energy had a negative net margin of 18.38% and a negative return on equity of 5.99%. The business had revenue of $413.00 million during the quarter, compared to analyst estimates of $301.78 million. During the same period in the prior year, the business earned ($0.28) earnings per share. The business’s quarterly revenue was up 199.3% on a year-over-year basis. Analysts anticipate that WPX Energy will post ($0.50) EPS for the current year.
A number of equities analysts recently issued reports on the company. BMO Capital Markets raised their price target on WPX Energy from $12.00 to $13.00 and gave the stock a “no rating at time” rating in a report on Friday, July 14th. ValuEngine raised WPX Energy from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Seaport Global Securities lowered WPX Energy from a “buy” rating to a “sell” rating and lowered their price objective for the company from $17.00 to $6.50 in a report on Wednesday, June 21st. Cowen and Company raised WPX Energy from a “market perform” rating to an “outperform” rating and lowered their price objective for the company from $15.00 to $14.00 in a report on Thursday, June 22nd. Finally, Scotiabank reaffirmed a “buy” rating and issued a $19.00 price objective on shares of WPX Energy in a report on Friday, June 30th. Two analysts have rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the stock. WPX Energy presently has an average rating of “Buy” and a consensus target price of $15.53.
In related news, insider Clay M. Gaspar sold 35,000 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $10.48, for a total value of $366,800.00. Following the completion of the sale, the insider now owns 506,326 shares in the company, valued at approximately $5,306,296.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.
WPX Energy Company Profile
WPX Energy, Inc is an oil and natural gas exploration and production company. The Company 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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