WPX Energy Company Profile (NYSE:WPX)

WPX Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPX."

WPX Energy, Inc. (NYSE:WPX) posted its earnings results on Wednesday, August, 2nd. The company reported ($0.14) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.16) by $0.02. The business had revenue of $413 million for the quarter, compared to analyst estimates of $301.78 million. WPX Energy had a negative net margin of 18.38% and a negative return on equity of 5.99%. WPX Energy's revenue was up 199.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.28) EPS. View WPX Energy's Earnings History.

WPX Energy is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for WPX Energy.

18 equities research analysts have issued 12 month target prices for WPX Energy's stock. Their predictions range from $8.00 to $20.00. On average, they expect WPX Energy's share price to reach $15.62 in the next twelve months. View Analyst Ratings for WPX Energy.

Here are some recent quotes from research analysts about WPX Energy stock:

• 1. According to Zacks Investment Research, "Shares of WPX Energy have gained higher the industry in last three months. WPX Energy continues to work on its strategy of increasing oil production, which is evident from the rising liquid mix in total production. The two acquisitions closed in Delaware Basin during the first quarter will help the company further increase its oil production. We believe WPX Energy's exposure in the Delaware, Williston and San Juan basins will enable it to achieve its goal of 40% higher oil generation in 2017 from 2016 levels. However, the competitive energy space, volatility in crude oil prices, stringent regulations and dependence on third parties to market their products are headwinds." (10/12/2017)
• 2. FBR & Co analysts commented, "We reiterate our Outperform rating, $19 price target, and Alpha Generator status on shares of WPX Energy after updating our model for the latest financial and operations data, including the closing of its acquisition of Panther Energy. While a longer average lateral length has positive implications for our production forecast and estimates, the impact is mostly offset by a lower marked-to-market commodity price deck. We note that WPX's best-in-class growth outlook'recently raised to a 30%'40% CAGR from 2017'2020 for both oil and EBITDA (from a prior target of 20%'35%)'is being complemented by sizeable improvements in capital efficiency." (3/21/2017)

WPX Energy saw a drop in short interest in the month of September. As of September 15th, there was short interest totalling 30,952,602 shares, a drop of 12.3% from the August 31st total of 35,275,290 shares. Based on an average daily volume of 6,571,757 shares, the days-to-cover ratio is presently 4.7 days. Currently, 8.0% of the company's shares are sold short.

Some companies that are related to WPX Energy include EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Newfield Exploration Company (NFX), Rice Energy (RICE), RSP Permian (RSPP), Energen Corporation (EGN), Range Resources Corporation (RRC), Murphy Oil Corporation (MUR), Vermilion Energy (VET), Black Stone Minerals, L.P. (BSM), Chesapeake Energy Corporation (CHK), Transportadora De Gas Sa Ord B (TGS), PDC Energy (PDCE), Texas Pacific Land Trust (TPL), Laredo Petroleum (LPI), Kosmos Energy (KOS) and Southwestern Energy Company (SWN).

WPX Energy's management team includes the folowing people:

• Richard E. Muncrief, Chairman of the Board, President, Chief Executive Officer
• J. Kevin Vann, Chief Financial Officer, Senior Vice President
• Clay M. Gaspar, Chief Operating Officer, Senior Vice President
• Dennis C. Cameron, Senior Vice President, General Counsel
• Bryan K. Guderian, Senior Vice President - Business Development and Land
• William G. Lowrie, Lead Independent Director
• John A. Carrig J.D., Independent Director
• William R. Granberry, Independent Director
• Robert K. Herdman, Independent Director
• Kelt Kindick, Independent Director

WPX Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Eqis Capital Management Inc. (0.01%). Company insiders that own WPX Energy stock include Clay M Gaspar, Richard E Muncrief, Stephen L Faulkner Jr and William G Lowrie. View Institutional Ownership Trends for WPX Energy.

WPX Energy's stock was purchased by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. Company insiders that have bought WPX Energy stock in the last two years include Richard E Muncrief and William G Lowrie. View Insider Buying and Selling for WPX Energy.

Shares of WPX Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of WPX Energy stock can currently be purchased for approximately $10.97.