WPX Energy, Inc. (NYSE:WPX) registered a -1.14% decrease, still its new closing price is 296.87% up from the company’s 1 year high of 16.17.It posted 1.98% gains in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 24 stock analysts following this company have an average price target at $18.15, with individual PT in the $13.00-$23.00 range. The shares moved at $13.93, implying that brokerage firms see shares gaining about 174.75% in twelve months time.
WPX Energy, Inc. (WPX) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -4.39% fall year to date. A President and CEO at WPX Energy, Inc. (WPX) acquired shares in a transaction closed on Thursday January 12, 2017. Muncrief Richard E bought 20,000 shares in the company at $13.35 each and collected $267,000 in proceeds. Muncrief Richard E now owns 732,481 shares in the company after this transaction. A Director in the company, LOWRIE WILLIAM G, disclosed a transaction on Thursday January 12, 2017 that ended up paying $66,001 from the purchase of 5,000 shares at $13.35 per share.
WPX Energy, Inc. (NYSE:WPX) Upcoming Results on Tap
WPX Energy, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.15 in that period. Sales during the quarter are predicted to arrive at $274.07 million.
Earnings surprise history: Last quarter, the company posted approximately $251 million in revenue and EPS of $-0.17. The mean forecast was for $257.59 million and $-0.18 a share, respectively. One quarter earlier, revenue for the stock was at $138 million, with earnings at $-0.28/share.
WPX Energy, Inc. (WPX) Brokerage Update
WPX Energy, Inc. (WPX) is in Deutsche Bank’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Deutsche Bank, according to news reported on Monday November 28, 2016.Another important research note was issued by Barclays on Monday October 17, 2016.The firm upgraded WPX to Equal Weight from Underweight. Over the last six months and over the last three months, the shares of WPX Energy, Inc. (WPX), have changed 55.30% and 23.27%, respectively.