WPX Energy SVP James J. Bender Unloads 176,094 Shares (WPX)
WPX Energy (NYSE:WPX) SVP James J. Bender sold 176,094 shares of the stock on the open market in a transaction dated Thursday, June 12th. The stock was sold at an average price of $22.15, for a total value of $3,900,482.10. Following the sale, the senior vice president now directly owns 78,666 shares of the company’s stock, valued at approximately $1,742,452. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on WPX shares. Analysts at Zacks upgraded shares of WPX Energy from a “neutral” rating to an “outperform” rating in a research note on Tuesday. They now have a $23.40 price target on the stock. Separately, analysts at Susquehanna reiterated a “hold” rating on shares of WPX Energy in a research note on Friday, May 23rd. They now have a $18.00 price target on the stock. Finally, analysts at Robert W. Baird reiterated a “hold” rating on shares of WPX Energy in a research note on Wednesday, May 21st. They now have a $21.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. WPX Energy currently has a consensus rating of “Hold” and a consensus price target of $20.91.
WPX Energy (NYSE:WPX) traded up 1.88% during mid-day trading on Friday, hitting $22.77. 2,860,500 shares of the company’s stock traded hands. WPX Energy has a one year low of $16.80 and a one year high of $23.69. The stock’s 50-day moving average is $21.3 and its 200-day moving average is $19.47. The company’s market cap is $4.603 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 $-0.10 earnings per share for the current fiscal year.
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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