WPX Energy Inc (WPX) Short Interest Update

WPX Energy Inc (NYSE:WPX) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 25,677,884 shares, an increase of 14.9% from the January 12th total of 22,339,765 shares. Approximately 6.6% of the shares of the stock are sold short. Based on an average trading volume of 5,993,487 shares, the short-interest ratio is presently 4.3 days.

Shares of WPX Energy (WPX) opened at $13.45 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 1.02 and a debt-to-equity ratio of 0.73. WPX Energy has a 52 week low of $8.39 and a 52 week high of $16.09. The stock has a market capitalization of $5,360.00, a PE ratio of -27.45, a price-to-earnings-growth ratio of 11.71 and a beta of 2.48.

WPX has been the topic of a number of analyst reports. Citigroup raised WPX Energy from a “neutral” rating to a “buy” rating and set a $17.00 price objective on the stock in a research note on Thursday, November 16th. Stifel Nicolaus set a $19.00 price objective on WPX Energy and gave the company a “buy” rating in a research note on Thursday, October 26th. Zacks Investment Research raised WPX Energy from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Sunday, January 21st. Northland Securities set a $17.00 price objective on WPX Energy and gave the company a “buy” rating in a research note on Monday, December 11th. Finally, Seaport Global Securities raised WPX Energy from a “sell” rating to a “neutral” rating in a research note on Tuesday, December 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $17.45.

Large investors have recently modified their holdings of the business. Cerebellum GP LLC acquired a new stake in WPX Energy in the 4th quarter worth about $130,000. Commonwealth Equity Services Inc acquired a new stake in WPX Energy in the 3rd quarter worth about $137,000. CIBC Asset Management Inc acquired a new stake in WPX Energy in the 3rd quarter worth about $159,000. ZWJ Investment Counsel Inc. acquired a new stake in WPX Energy in the 3rd quarter worth about $171,000. Finally, Capital Fund Management S.A. acquired a new stake in WPX Energy in the 4th quarter worth about $173,000. 99.89% of the stock is currently owned by hedge funds and other institutional investors.

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WPX Energy Company Profile

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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