Share on StockTwits

WPX Energy (NYSE:WPX) has earned an average rating of “Hold” from the ten ratings firms that are covering the company, Analyst RN reports. Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $21.00.

WPX Energy (NYSE:WPX) traded down 2.07% during mid-day trading on Tuesday, hitting $20.80. The stock had a trading volume of 581,605 shares. WPX Energy has a 52 week low of $16.80 and a 52 week high of $23.69. The stock has a 50-day moving average of $20.47 and a 200-day moving average of $19.22. The company’s market cap is $4.205 billion.

WPX Energy (NYSE:WPX) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.19. The company had revenue of $987.00 million for the quarter, compared to the consensus estimate of $811.91 million. During the same quarter last year, the company posted ($0.25) earnings per share. WPX Energy’s revenue was up 56.4% compared to the same quarter last year. On average, analysts predict that WPX Energy will post $-0.15 earnings per share for the current fiscal year.

WPX has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of WPX Energy from $18.00 to $20.00 in a research note on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Robert W. Baird raised their price target on shares of WPX Energy from $20.00 to $24.00 in a research note on Friday, May 9th. Finally, analysts at Deutsche Bank upgraded shares of WPX Energy from a “hold” rating to a “buy” rating in a research note on Friday, May 9th. They now have a $28.00 price target on the stock, up previously from $20.00.

In other WPX Energy news, CEO James J. Bender unloaded 94,700 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $22.01, for a total value of $2,084,347.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

WPX Energy, Inc (NYSE:WPX) is an independent natural gas and oil exploration and production company engaged in the exploitation and development of long-life unconventional properties.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.