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) issued 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 earned $413 million during the quarter, compared to the consensus estimate of $301.78 million. WPX Energy had a negative return on equity of 5.99% and a negative net margin of 18.38%. The firm's revenue for the quarter was up 199.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.28) earnings per share. 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 brokers have issued 12-month price targets for WPX Energy's shares. Their predictions range from $6.50 to $20.00. On average, they expect WPX Energy's share price to reach $15.79 in the next year. View Analyst Ratings for WPX Energy.

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

• 1. 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)
• 2. According to Zacks Investment Research, "WPX Energy's outlook looks promising owing to its focus on oil production assets. The company continues to work on its strategy of increasing oil production, evident from the rising liquid mix in total production. We believe WPX Energy's exposure in the Delaware, Williston and San Juan basins will enable it to achieve its goal of 30% higher oil generation in 2017 from 2016 levels. Further, the company continues to reshape portfolio by monetizing non-core assets, an initiative that is aiding lower debt levels and develop oil-based generation assets. Shares of the company returned higher than the broader industry in the last twelve months. However, the competitive energy space, ongoing volatility in crude oil prices and stringent regulations that are likely to increase the cost of drillings, remain woes." (2/28/2017)

WPX Energy saw a increase in short interest in the month of July. As of July 14th, there was short interest totalling 31,438,788 shares, an increase of 15.5% from the June 30th total of 27,215,575 shares. Based on an average daily trading volume, of 6,037,926 shares, the days-to-cover ratio is currently 5.2 days. Currently, 8.1% of the shares of the company are sold short.

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

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 number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.43%), BlackRock Inc. (8.14%), State Street Corp (3.69%), FMR LLC (3.11%), Shapiro Capital Management LLC (3.09%) and Jennison Associates LLC (2.77%). Company insiders that own WPX Energy stock include Clay M Gaspar, Dennis C Cameron, Richard E Muncrief, Stephen L Faulkner Jr and William G Lowrie. View Institutional Ownership Trends for WPX Energy.

WPX Energy's stock was sold by a variety of institutional investors in the last quarter, including Discovery Capital Management LLC CT, Dimensional Fund Advisors LP, First Trust Advisors LP, Prudential Financial Inc., King Luther Capital Management Corp, Mariner Wealth Advisors LLC, Vaughan Nelson Investment Management L.P. and GeoSphere Capital Management. View Insider Buying and Selling for WPX Energy.

WPX Energy's stock was acquired by a variety of institutional investors in the last quarter, including Key Group Holdings Cayman LTD., Balyasny Asset Management LLC, Jennison Associates LLC, FMR LLC, Marshall Wace North America L.P., Systematic Financial Management LP, Ameriprise Financial Inc. and State Street Corp. Company insiders that have bought WPX Energy stock in the last two years include Clay M Gaspar, Dennis C Cameron, 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 $9.75.