WPX Energy, Inc. (NYSE:WPX) insider Clay M. Gaspar sold 35,000 shares of WPX Energy stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $10.48, for a total transaction of $366,800.00. Following the completion of the transaction, the insider now directly owns 506,326 shares in the company, valued at approximately $5,306,296.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

WPX Energy, Inc. (NYSE WPX) traded up 0.67% during trading on Friday, hitting $10.57. 4,780,416 shares of the company traded hands. The stock has a 50 day moving average price of $10.09 and a 200 day moving average price of $11.10. WPX Energy, Inc. has a 12-month low of $8.39 and a 12-month high of $16.17. The company’s market capitalization is $4.21 billion.

WPX Energy (NYSE:WPX) last posted its earnings results on Wednesday, August 2nd. The oil and gas producer reported ($0.14) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.02. The business had revenue of $413.00 million during the quarter, compared to analyst estimates of $301.78 million. WPX Energy had a negative return on equity of 5.99% and a negative net margin of 18.38%. The company’s quarterly revenue was up 199.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.28) EPS. On average, equities analysts anticipate that WPX Energy, Inc. will post ($0.51) earnings per share for the current year.

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A number of hedge funds have recently bought and sold shares of the business. BlackRock Inc. grew its holdings in shares of WPX Energy by 13,729.5% during the first quarter. BlackRock Inc. now owns 32,202,448 shares of the oil and gas producer’s stock worth $431,192,000 after purchasing an additional 31,969,595 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of WPX Energy by 20.4% during the first quarter. Vanguard Group Inc. now owns 33,141,235 shares of the oil and gas producer’s stock worth $443,761,000 after purchasing an additional 5,610,066 shares in the last quarter. Key Group Holdings Cayman LTD. grew its holdings in shares of WPX Energy by 513.9% during the second quarter. Key Group Holdings Cayman LTD. now owns 4,451,556 shares of the oil and gas producer’s stock worth $43,002,000 after purchasing an additional 3,726,451 shares in the last quarter. Balyasny Asset Management LLC grew its holdings in shares of WPX Energy by 5,688.3% during the second quarter. Balyasny Asset Management LLC now owns 3,728,177 shares of the oil and gas producer’s stock worth $36,014,000 after purchasing an additional 3,663,768 shares in the last quarter. Finally, Jennison Associates LLC grew its holdings in shares of WPX Energy by 31.2% during the second quarter. Jennison Associates LLC now owns 10,995,002 shares of the oil and gas producer’s stock worth $106,212,000 after purchasing an additional 2,611,802 shares in the last quarter. 97.61% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have weighed in on WPX shares. Scotiabank reaffirmed a “buy” rating and issued a $19.00 price target on shares of WPX Energy in a research note on Friday, June 30th. BMO Capital Markets reaffirmed a “buy” rating and issued a $17.00 price target on shares of WPX Energy in a research note on Thursday, June 22nd. ValuEngine raised shares of WPX Energy from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Credit Suisse Group started coverage on shares of WPX Energy in a research note on Thursday, June 1st. They issued an “outperform” rating and a $18.00 price target on the stock. Finally, BidaskClub lowered shares of WPX Energy from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 20th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and seventeen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $15.80.

About WPX Energy

WPX Energy, Inc is an oil and natural gas exploration and production company. The Company is engaged in the exploitation and development of unconventional properties. It operates in the exploration and production segment of the oil and gas industry and its operations are conducted in the United States.

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