Share on StockTwits

WPX Energy (NYSE:WPX)‘s stock had its “hold” rating restated by equities research analysts at Susquehanna in a research note issued to investors on Friday. They currently have a $18.00 target price on the stock. Susquehanna’s price objective suggests a potential downside of 13.13% from the company’s current price.

WPX Energy (NYSE:WPX) traded down 1.94% during mid-day trading on Friday, hitting $20.72. The stock had a trading volume of 2,807,274 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 $20.74 and a 200-day moving average of $19.23. The company’s market cap is $4.189 billion.

WPX Energy (NYSE:WPX) last issued its quarterly 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.

A number of other firms have also recently commented on WPX. Analysts at Robert W. Baird reiterated a “hold” rating on shares of WPX Energy in a research note on Wednesday. They now have a $21.00 price target on the stock. Separately, 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. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $20.50.

In other WPX Energy news, SVP Steven G. Natali unloaded 55,390 shares of the stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $21.46, for a total transaction of $1,188,669.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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.