Parkwood LLC boosted its stake in shares of WPX Energy, Inc. (NYSE:WPX) by 45.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,065 shares of the oil and gas producer’s stock after acquiring an additional 27,866 shares during the quarter. Parkwood LLC’s holdings in WPX Energy were worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the business. Capital Advisors Inc. OK lifted its position in WPX Energy by 2.0% during the 2nd quarter. Capital Advisors Inc. OK now owns 10,337 shares of the oil and gas producer’s stock worth $100,000 after acquiring an additional 200 shares during the period. Public Employees Retirement Association of Colorado lifted its position in WPX Energy by 0.4% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 65,020 shares of the oil and gas producer’s stock worth $628,000 after acquiring an additional 264 shares during the period. Robotti Robert lifted its position in WPX Energy by 0.9% during the 2nd quarter. Robotti Robert now owns 52,750 shares of the oil and gas producer’s stock worth $499,000 after acquiring an additional 450 shares during the period. World Asset Management Inc lifted its holdings in shares of WPX Energy by 2.8% in the 2nd quarter. World Asset Management Inc now owns 25,120 shares of the oil and gas producer’s stock valued at $243,000 after buying an additional 683 shares during the period. Finally, Financial Counselors Inc. lifted its holdings in shares of WPX Energy by 9.0% in the 2nd quarter. Financial Counselors Inc. now owns 12,111 shares of the oil and gas producer’s stock valued at $117,000 after buying an additional 1,000 shares during the period. 97.86% of the stock is owned by institutional investors.
In other WPX Energy news, insider Clay M. Gaspar sold 35,000 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was 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 owns 506,326 shares of the company’s stock, valued at $5,306,296.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.40% of the company’s stock.
WPX Energy, Inc. (WPX) traded up $0.42 during trading on Monday, reaching $12.83. The company’s stock had a trading volume of 5,477,998 shares, compared to its average volume of 5,878,999. 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, Inc. has a one year low of $8.39 and a one year high of $16.17.
WPX Energy (NYSE:WPX) last released its quarterly earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.02. The company had revenue of $224.00 million during the quarter, compared to the consensus estimate of $334.38 million. WPX Energy had a negative return on equity of 5.20% and a negative net margin of 12.65%. WPX Energy’s revenue was down 10.8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.17) earnings per share. research analysts anticipate that WPX Energy, Inc. will post -0.51 EPS for the current year.
Several research firms have recently commented on WPX. Stifel Nicolaus set a $17.00 price target on WPX Energy and gave the company a “buy” rating in a report on Thursday, October 5th. SunTrust Banks, Inc. set a $14.00 price target on WPX Energy and gave the company a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research raised WPX Energy from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a report on Thursday, October 12th. Seaport Global Securities reissued a “sell” rating and issued a $8.00 price target (up from $7.00) on shares of WPX Energy in a report on Monday, October 9th. Finally, BMO Capital Markets set a $14.00 price target on WPX Energy and gave the company a “buy” rating in a report on Tuesday, October 10th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $15.29.
WPX Energy 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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