WPX Energy PT Raised to $21.00 (WPX)
Investment analysts at Robert W. Baird hoisted their target price on shares of WPX Energy (NYSE:WPX) from $19.00 to $21.00 in a note issued to investors on Tuesday. Robert W. Baird’s target price would indicate a potential upside of 1.35% from the stock’s previous close.
WPX Energy (NYSE:WPX) traded down 1.94% on Tuesday, hitting $20.72. The stock had a trading volume of 2,807,274 shares. WPX Energy has a one year low of $16.80 and a one year high of $23.69. The stock has a 50-day moving average of $20.74 and a 200-day moving average of $19.23. The company’s market cap is $4.189 billion.
WPX Energy (NYSE:WPX) last released its earnings data on Tuesday, May 6th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted ($0.25) earnings per share. The company’s quarterly revenue was up 56.4% on a year-over-year basis. Analysts expect that WPX Energy will post $-0.11 EPS for the current fiscal year.
In other WPX Energy news, SVP Steven G. Natali sold 55,390 shares of WPX Energy stock on the open market in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $21.46, for a total value of $1,188,669.40. The sale was disclosed in a document filed 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.
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