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WPX Energy (NYSE:WPX) has earned an average rating of “Hold” from the thirteen brokerages that are currently covering the stock, AnalystRatings.NET reports. Two equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $21.39.

WPX has been the subject of a number of recent research reports. Analysts at Tudor Pickering upgraded shares of WPX Energy from a “hold” rating to an “accumulate” rating in a research note on Tuesday, July 29th. Separately, analysts at Zacks downgraded shares of WPX Energy from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. They now have a $25.70 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of WPX Energy in a research note on Friday, July 18th. They now have a $29.00 price target on the stock, up previously from $28.00.

Shares of WPX Energy (NYSE:WPX) opened at 23.33 on Friday. WPX Energy has a 1-year low of $16.80 and a 1-year high of $24.35. The stock’s 50-day moving average is $22.11 and its 200-day moving average is $20.36. The company’s market cap is $4.734 billion.

WPX Energy (NYSE:WPX) last released its earnings data on Wednesday, August 6th. The company reported $0.06 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.07) by $0.13. The company had revenue of $814.00 million for the quarter, compared to the consensus estimate of $888.60 million. During the same quarter in the prior year, the company posted ($0.22) earnings per share. The company’s quarterly revenue was down .1% on a year-over-year basis. Analysts expect that WPX Energy will post $0.04 EPS 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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