WPX Energy (WPX) Receiving Positive Media Coverage, AlphaOne Reports

News articles about WPX Energy (NYSE:WPX) have trended positive this week, AlphaOne reports. The research firm, a service of Accern, identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. WPX Energy earned a news sentiment score of 0.33 on AlphaOne’s scale. AlphaOne also gave news coverage about the company an impact score of 33 out of 100, indicating that recent press coverage is unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news articles that may have impacted Alpha One’s rankings:

• Right time to invest? – Sprouts Farmers Market, Inc. (SFM), WPX Energy, Inc. (WPX) – USA Commerce Daily (usacommercedaily.com)
• WPX Energy, Inc. (WPX) technical charts are presenting a bleak picture – USA Commerce Daily (usacommercedaily.com)
• WPX Energy to Host May 4 Webcast – Business Wire (press release) (businesswire.com)
• Active Volume Stock: WPX Energy, Inc. (WPX) – HugoPress (hugopress.com)

WPX Energy (NYSE:WPX) opened at 12.94 on Wednesday. WPX Energy has a 12-month low of $6.73 and a 12-month high of $16.17. The company’s 50 day moving average price is $12.79 and its 200-day moving average price is $13.26. The firm’s market capitalization is $5.13 billion.

WPX Energy (NYSE:WPX) last announced its quarterly earnings results on Wednesday, February 22nd. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $0.01. The firm earned $88 million during the quarter, compared to the consensus estimate of $276.41 million. WPX Energy had a negative return on equity of 7.94% and a negative net margin of 178.46%. The firm’s revenue was down 77.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.08) EPS. On average, equities analysts anticipate that WPX Energy will post ($0.58) earnings per share for the current fiscal year.

Several research analysts have weighed in on the company. Seaport Global Securities raised WPX Energy from a “neutral” rating to a “buy” rating in a research report on Friday, March 31st. Scotiabank reaffirmed a “buy” rating and set a $20.00 price target on shares of WPX Energy in a research report on Monday, March 27th. FBR & Co reaffirmed an “outperform” rating and set a $19.00 price target on shares of WPX Energy in a research report on Tuesday, March 21st. Zacks Investment Research raised WPX Energy from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Tuesday, February 28th. Finally, BMO Capital Markets raised WPX Energy from a “market perform” rating to an “outperform” rating in a research report on Tuesday, January 31st. Two investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $15.36.

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In other news, insider Richard E. Muncrief purchased 20,000 shares of the business’s stock in a transaction on Thursday, January 12th. The shares were acquired at an average price of $13.35 per share, for a total transaction of $267,000.00. Following the completion of the acquisition, the insider now owns 732,481 shares in the company, valued at $9,778,621.35. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director William G. Lowrie purchased 5,000 shares of the business’s stock in a transaction on Thursday, January 12th. The stock was purchased at an average price of $13.35 per share, for a total transaction of $66,750.00. Following the acquisition, the director now owns 242,076 shares of the company’s stock, valued at approximately $3,231,714.60. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by corporate insiders.

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.