WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company's principal areas of operation include the Delaware Basin in Texas and New Mexico; the Williston Basin in North Dakota; and the San Juan Basin in New Mexico and Colorado. As of December 31, 2017, it had proved reserves of 436 million barrels of oil equivalent. The company was incorporated in 2011 and is headquartered in Tulsa, Oklahoma.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone855-979-2012
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.31 billion
Profitability
Miscellaneous
Employees650
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable
WPX Energy (NYSE:WPX) Frequently Asked Questions
What is WPX Energy's stock symbol?
WPX Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPX."
How were WPX Energy's earnings last quarter?
WPX Energy Inc (NYSE:WPX) announced its quarterly earnings results on Wednesday, February, 20th. The oil and gas producer reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.03. The oil and gas producer had revenue of $554 million for the quarter, compared to analyst estimates of $550.84 million. WPX Energy had a net margin of 6.54% and a return on equity of 1.09%. The company's quarterly revenue was up 55.6% on a year-over-year basis. During the same period last year, the firm earned ($0.02) earnings per share. View WPX Energy's Earnings History.
When is WPX Energy's next earnings date?
What price target have analysts set for WPX?
30 Wall Street analysts have issued 12-month price objectives for WPX Energy's stock. Their forecasts range from $13.00 to $28.00. On average, they anticipate WPX Energy's share price to reach $21.3793 in the next twelve months. This suggests a possible upside of 66.5% from the stock's current price. View Analyst Price Targets for WPX Energy.
What is the consensus analysts' recommendation for WPX Energy?
30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WPX Energy in the last year. There are currently 2 hold ratings and 28 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for WPX Energy.
What are Wall Street analysts saying about WPX Energy stock?
Here are some recent quotes from research analysts about WPX Energy stock:
- 1. Mizuho analysts commented, "We expect the company to provide an upward revision to inventory estimates, with Third Bone Spring development fully incorporated, sooner than later in 2019 and think this is the next upside catalyst for the stock." (2/21/2019)
- 2. Williams Capital analysts commented, "We expect shares to outperform on the 4Q18 oil producon beat. We reaffirm our Buy rang and WPX remains a Top Pick for its core Delaware Basin posion, premier execuon, sig nificant midstream oponality and a racve relave valuaon. Key Points 4Q18 oil producon beats Consensus by more than 3%. WPX reported 4Q18 clean EPS and DCFPS of $0.02/$0.73, vs. our esmates of $0.11/$ 0.74 and Consensus of $0.05/$0.66. 4Q18 EBITDA was $306.0 million, below our esmate of $357.8 million and be low Consensus of $316.3 million. 4Q18 producon was announced at 156.4 Mboe/d, above our esmate of 1 53.8 Mboe/d and ahead of Consensus of 148.0 Mboe/d. More importantly, oil volumes came in at 96.0 Mbbls/d, 1.7% above our esmate of 94.1 93.1 Mbbls/d." (2/21/2019)
- 3. According to Zacks Investment Research, "WPX Energy has transformed itself from a natural gas-focused company to an oil-focused one. The company has been able to do so through nearly $8 billion of transactions. WPX Energy is building up a strong portfolio of assets which will continue to boost its oil production and allow it to gain from improving commodity prices. WPX Energy’s exposure in the Delaware and Williston basins will enable it to achieve the goal of higher oil generation in 2019. Shares of WPX Energy have lost narrower than its industry in the past 12 months. However, the competitive energy space, stringent regulations and dependence on third parties to market their products are the headwinds." (2/9/2019)
Has WPX Energy been receiving favorable news coverage?
News stories about WPX stock have trended somewhat negative recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. WPX Energy earned a daily sentiment score of -1.1 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.
Who are some of WPX Energy's key competitors?
Some companies that are related to WPX Energy include Concho Resources (CXO), Sasol (SSL), Continental Resources (CLR), Rwe Ag Sp (RWEOY), Marathon Oil (MRO), Devon Energy (DVN), GALP ENERGIA SG/ADR (GLPEY), Apache (APA), TORAY INDUSTRIE/ADR (TRYIY), Noble Energy (NBL), Cenovus Energy (CVE), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Energen (EGN) and Cimarex Energy (XEC).
What other stocks do shareholders of WPX Energy own?
Who are WPX Energy's key executives?
WPX Energy's management team includes the folowing people:
- Mr. Richard E. Muncrief, CEO & Chairman (Age 60)
- Mr. Clay M. Gaspar, Pres & COO (Age 47)
- Mr. J. Kevin Vann, Exec. VP & CFO (Age 48)
- Mr. Dennis C. Cameron, Exec. VP & Gen. Counsel (Age 56)
- Mr. Bryan K. Guderian, Exec. VP of Bus. Devel. (Age 60)
Who are WPX Energy's major shareholders?
WPX Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.34%), Jennison Associates LLC (2.52%), Millennium Management LLC (1.86%), Shapiro Capital Management LLC (1.78%), Dimensional Fund Advisors LP (1.61%) and Massachusetts Financial Services Co. MA (1.10%). Company insiders that own WPX Energy stock include Bryan K Guderian, Clay M Gaspar, Dennis C Cameron, J Kevin Vann, Stephen L Faulkner Jr and William G Lowrie. View Institutional Ownership Trends for WPX Energy.
Which major investors are selling WPX Energy stock?
WPX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Connor Clark & Lunn Investment Management Ltd., Scout Investments Inc., Prudential Financial Inc., Jennison Associates LLC, Nuveen Asset Management LLC, Vaughan Nelson Investment Management L.P. and AGF Investments Inc.. Company insiders that have sold WPX Energy company stock in the last year include Bryan K Guderian, Clay M Gaspar, Dennis C Cameron, J Kevin Vann, Stephen L Faulkner Jr and William G Lowrie. View Insider Buying and Selling for WPX Energy.
Which major investors are buying WPX Energy stock?
WPX stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Diamond Hill Capital Management Inc., LSP Investment Advisors LLC, Perella Weinberg Partners Capital Management LP, Fiera Capital Corp, Oregon Public Employees Retirement Fund, Shapiro Capital Management LLC and CIBC Private Wealth Group LLC. View Insider Buying and Selling for WPX Energy.
How do I buy shares of WPX Energy?
Shares of WPX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is WPX Energy's stock price today?
One share of WPX stock can currently be purchased for approximately $12.84.
How big of a company is WPX Energy?
WPX Energy has a market capitalization of $5.40 billion and generates $2.31 billion in revenue each year. The oil and gas producer earns $-16,000,000.00 in net income (profit) each year or $0.09 on an earnings per share basis. WPX Energy employs 650 workers across the globe.
What is WPX Energy's official website?
How can I contact WPX Energy?
WPX Energy's mailing address is 3500 ONE WILLIAMS CENTER, TULSA OK, 74172. The oil and gas producer can be reached via phone at 855-979-2012 or via email at [email protected]
MarketBeat Community Rating for WPX Energy (NYSE WPX)
MarketBeat's community ratings are surveys of what our community members think about WPX Energy and other stocks. Vote "Outperform" if you believe WPX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WPX will underperform the S&P 500 over the long term. You may vote once every thirty days.
