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Shares of WPX Energy (NYSE:WPX) have received an average recommendation of “Hold” from the eleven brokerages that are covering the company, reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $20.91.

In other WPX Energy news, SVP James J. Bender unloaded 23,659 shares of the stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $22.41, for a total value of $530,198.19. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

WPX Energy (NYSE:WPX) opened at 22.925 on Thursday. WPX Energy has a 52 week low of $16.80 and a 52 week high of $24.35. The stock’s 50-day moving average is $21.83 and its 200-day moving average is $19.7. The company’s market cap is $4.634 billion.

WPX Energy (NYSE:WPX) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted ($0.25) earnings per share. The company’s revenue for the quarter was up 56.4% on a year-over-year basis. On average, analysts predict that WPX Energy will post $-0.09 earnings per share for the current fiscal year.

WPX has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of WPX Energy in a research note on Wednesday, June 18th. They now have a $28.00 price target on the stock. Separately, analysts at Zacks upgraded shares of WPX Energy from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 10th. They now have a $23.40 price target on the stock. Finally, 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.

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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