About WPX Energy (NYSE:WPX)
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. It is focused on exploiting, developing and growing its oil positions in the Delaware (a subset of the Permian Basin) and San Juan Basins in the southwestern United States and the Williston Basin in North Dakota. As of December 31, 2016, it operated 642 wells in the Delaware Basin and also owned interests in 783 wells operated by others. As of December 31, 2016, it held approximately 98,000 acres in the Delaware Basin, with operations located in Eddy, Lea and Chaves Counties in New Mexico and Loving, Pecos, Reeves, Ward and Winkler Counties in Texas. Its activity in the Delaware Basin is focused on the Wolfcamp Shale formation, the Bone Spring interval and the Delaware sand interval.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSE:WPX
- CUSIP: 98212B10
- Web: www.wpxenergy.com
- Market Cap: $4.22676 billion
- Outstanding Shares: 397,854,000
- 50 Day Moving Avg: $10.84
- 200 Day Moving Avg: $10.82
- 52 Week Range: $8.40 - $16.17
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -96.55
- P/E Growth: -712.00
- Annual Revenue: $1 billion
- Price / Sales: 4.23
- Book Value: $10.23 per share
- Price / Book: 1.04
- EBITDA: $569 million
- Net Margins: -18.38%
- Return on Equity: -5.99%
- Return on Assets: -2.88%
- Debt-to-Equity Ratio: 0.64%
- Current Ratio: 0.63%
- Quick Ratio: 0.57%
- Average Volume: 5.93 million shs.
- Beta: 2.41
- Short Ratio: 2.57
Frequently Asked Questions for WPX Energy (NYSE:WPX)
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 data on Wednesday, August, 2nd. The company reported ($0.14) earnings per share for the quarter, beating analysts' consensus estimates 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 return on equity of 5.99% and a negative net margin of 18.38%. The company's revenue was up 199.3% on a year-over-year basis. During the same period in the prior year, the company earned ($0.28) earnings per share. View WPX Energy's Earnings History.
When will WPX Energy make its next earnings announcement?
Where is WPX Energy's stock going? Where will WPX Energy's stock price be in 2017?
18 analysts have issued twelve-month target prices for WPX Energy's stock. Their forecasts range from $8.00 to $20.00. On average, they expect WPX Energy's share price to reach $15.62 in the next year. View Analyst Ratings for WPX Energy.
What are analysts saying about WPX Energy stock?
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)
Are investors shorting WPX Energy?
WPX Energy saw a decrease in short interest in September. As of September 15th, there was short interest totalling 30,952,602 shares, a decrease of 12.3% from the August 31st total of 35,275,290 shares. Based on an average trading volume of 6,571,757 shares, the short-interest ratio is currently 4.7 days. Approximately 8.0% of the shares of the company are short sold.
Who are some of WPX Energy's key competitors?
Some companies that are related to WPX Energy include Parsley Energy (PE), EQT GP Holdings, LP (EQGP), Rice Energy (RICE), Antero Resources Corp (AR), Newfield Exploration Company (NFX), 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 (CHK), Transportadora De Gas Sa Ord B (TGS), Texas Pacific Land Trust (TPL), PDC Energy (PDCE), Kosmos Energy (KOS), Laredo Petroleum (LPI) and Southwestern Energy Company (SWN).
Who are WPX Energy's key executives?
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
Who owns WPX Energy stock?
WPX Energy's stock is owned by a number of of institutional and retail investors. Top institutional investors include Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.04%), Ingalls & Snyder LLC (0.03%) and 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.
Who sold WPX Energy stock? Who is selling WPX Energy stock?
Who bought WPX Energy stock? Who is buying WPX Energy stock?
WPX Energy's stock was purchased by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc. and Mutual of America Capital Management LLC. 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.
How do I buy WPX Energy stock?
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.
What is WPX Energy's stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of WPX Energy stock can currently be purchased for approximately $10.62.
Consensus Ratings for WPX Energy (NYSE:WPX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings, 14 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.72)|
|Consensus Price Target: ||$15.62 (47.06% upside)|Consensus Price Target History for WPX Energy (NYSE:WPX)
Analysts' Ratings History for WPX Energy (NYSE:WPX)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Bank of America Corporation||Initiated Coverage||Buy||N/A|
|10/13/2017||Citigroup Inc.||Boost Price Target||Neutral||$12.00 -> $13.00||N/A|
|10/10/2017||BMO Capital Markets||Set Price Target||Buy||$14.00||N/A|
|10/9/2017||Seaport Global Securities||Reiterated Rating||Sell||$7.00 -> $8.00||N/A|
|10/5/2017||Stifel Nicolaus||Set Price Target||Buy||$17.00||N/A|
|9/18/2017||Piper Jaffray Companies||Lower Price Target||Neutral||$15.00 -> $12.00||Low|
|8/24/2017||J P Morgan Chase & Co||Reiterated Rating||Overweight||$16.00 -> $17.00||Low|
|8/21/2017||Northland Securities||Set Price Target||Buy||$20.00||Low|
|8/4/2017||Barclays PLC||Set Price Target||Hold||$8.00 -> $10.00||Low|
|7/18/2017||Imperial Capital||Initiated Coverage||Outperform -> Outperform||$18.00||High|
|6/22/2017||Cowen and Company||Upgrade||Market Perform -> Outperform||$15.00 -> $14.00||High|
|6/14/2017||Robert W. Baird||Set Price Target||Buy||$15.00 -> $16.00||Low|
|6/15/2017||Wolfe Research||Initiated Coverage||Outperform||$13.50||High|
|6/1/2017||Credit Suisse Group||Initiated Coverage||Outperform -> Outperform||$18.00||Low|
|4/17/2017||FBR & Co||Reiterated Rating||Buy||$19.00||Low|
|12/12/2016||SunTrust Banks, Inc.||Set Price Target||Buy||$20.00||N/A|
|11/28/2016||Deutsche Bank AG||Upgrade||Hold -> Buy||$15.00 -> $17.00||N/A|
|10/14/2016||Evercore ISI||Upgrade||Hold -> Buy||$14.00 -> $16.00||N/A|
|10/3/2016||Wunderlich||Boost Price Target||Buy||$14.00 -> $17.00||N/A|
|9/9/2016||Susquehanna Bancshares Inc||Boost Price Target||Positive||$15.00 -> $18.00||N/A|
|7/6/2016||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$10.50 -> $14.75||N/A|
|6/8/2016||KLR Group||Boost Price Target||Buy||$13.00 -> $14.00||N/A|
|5/5/2016||Iberia Capital||Upgrade||Sector Perform -> Outperform||$7.00 -> $11.00||N/A|
|4/5/2016||Drexel Hamilton||Initiated Coverage||Buy||$11.00||N/A|
|3/30/2016||Simmons||Boost Price Target||$6.00 -> $7.00||N/A|
|2/9/2016||Capital One Financial Corporation||Upgrade||Equal Weight -> Overweight||N/A|
|11/6/2015||Raymond James Financial, Inc.||Boost Price Target||Outperform||$9.00 -> $10.00||N/A|
Earnings History for WPX Energy (NYSE:WPX)Earnings History by Quarter for WPX Energy (NYSE WPX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||($0.16)||($0.14)||$301.78 million||$413.00 million||View||Listen|
|5/3/2017||Q1 2017||($0.17)||($0.15)||$254.24 million||$461.00 million||View||Listen|
|2/22/2017||Q416||($0.15)||($0.16)||$276.41 million||$88.00 million||View||N/A|
|11/2/2016||Q316||($0.18)||($0.17)||$257.60 million||$251.00 million||View||N/A|
|8/4/2016||Q216||($0.21)||($0.28)||$252.14 million||$138.00 million||View||N/A|
|5/5/2016||Q116||($0.26)||($0.21)||$307.41 million||$216.00 million||View||N/A|
|2/24/2016||Q4||($0.20)||($0.24)||$492.45 million||$495.00 million||View||Listen|
|11/4/2015||Q315||($0.14)||($0.93)||$529.68 million||$537.00 million||View||N/A|
|8/5/2015||Q215||($0.11)||($0.11)||$534.99 million||$284.00 million||View||N/A|
|5/5/2015||Q115||($0.15)||$0.32||$537.07 million||$572.00 million||View||N/A|
|2/25/2015||Q414||($0.11)||$0.12||$673.53 million||$1.13 billion||View||N/A|
|11/5/2014||Q314||$0.02||($0.02)||$839.90 million||$794.00 million||View||N/A|
|8/6/2014||Q214||($0.07)||$0.06||$888.60 million||$814.00 million||View||Listen|
|5/6/2014||Q114||$0.02||$0.21||$811.91 million||$987.00 million||View||Listen|
|2/27/2014||Q4||($0.36)||($0.34)||$682.60 million||$657.00 million||View||Listen|
|11/7/2013||Q213||($0.16)||($0.33)||$752.30 million||$910.00 million||View||Listen|
|8/1/2013||Q2 2013||($0.15)||($0.04)||$770.23 million||$910.00 million||View||Listen|
|5/2/2013||Q1 2013||($0.23)||($0.25)||$721.27 million||$631.00 million||View||N/A|
|2/28/2013||Q4 2012||($0.03)||($0.20)||$701.53 million||$572.00 million||View||Listen|
|11/1/2012||Q312||($0.05)||($0.23)||$597.00 million||$545.00 million||View||N/A|
Earnings Estimates for WPX Energy (NYSE:WPX)
2017 EPS Consensus Estimate: ($0.61)
2018 EPS Consensus Estimate: ($0.23)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for WPX Energy (NYSE:WPX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for WPX Energy (NYSE:WPX)
Insider Ownership Percentage: 1.40%Insider Trades by Quarter for WPX Energy (NYSE:WPX)
Institutional Ownership Percentage: 97.73%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/15/2017||Clay M Gaspar||Insider||Sell||35,000||$10.48||$366,800.00|| |
|1/12/2017||Richard E Muncrief||Insider||Buy||20,000||$13.35||$267,000.00|| |
|1/12/2017||William G Lowrie||Director||Buy||5,000||$13.35||$66,750.00|| |
|6/13/2016||Stephen L Faulkner Jr||VP||Sell||5,000||$9.88||$49,400.00|| |
|6/6/2016||Richard E Muncrief||CEO||Buy||20,400||$9.80||$199,920.00|| |
|6/6/2016||William G Lowrie||Director||Buy||10,000||$9.80||$98,000.00|| |
|3/3/2016||William G Lowrie||Director||Buy||2,500||$4.92||$12,300.00|| |
|8/26/2015||Clay M. Gaspar||SVP||Buy||35,000||$5.51||$192,850.00|| |
|8/25/2015||Dennis C Cameron||SVP||Buy||1,800||$5.50||$9,900.00|| |
|8/21/2015||Richard E Muncrief||CEO||Buy||20,000||$6.82||$136,400.00|| |
|7/16/2015||Bryan K Guderian||SVP||Buy||5,000||$10.10||$50,500.00|| |
|7/16/2015||Richard E Muncrief||CEO||Buy||30,000||$10.10||$303,000.00|| |
|7/16/2015||William R Granberry||Director||Buy||20,000||$10.10||$202,000.00|| |
|3/16/2015||Richard E Muncrief||CEO||Buy||10,000||$10.45||$104,500.00|| |
|12/15/2014||William G Lowrie||Director||Buy||5,000||$10.35||$51,750.00|| |
|12/11/2014||Kelt Kindick||Director||Buy||10,000||$11.18||$111,800.00|| |
|12/10/2014||Richard E Muncrief||CEO||Buy||10,000||$11.41||$114,100.00|| |
|12/9/2014||J Kevin Vann||CFO||Buy||10,000||$10.86||$108,600.00|| |
|12/8/2014||William R Granberry||Director||Buy||10,000||$11.23||$112,300.00|| |
|11/18/2014||Richard E Muncrief||CEO||Buy||10,000||$15.56||$155,600.00|| |
|9/11/2014||Bryan K Guderian||SVP||Sell||11,820||$25.61||$302,710.20|| |
|9/2/2014||Richard E Muncrief||CEO||Buy||10,000||$26.24||$262,400.00|| |
|6/13/2014||James J Bender||SVP||Sell||23,659||$22.41||$530,198.19|| |
|6/12/2014||James J Bender||SVP||Sell||176,094||$22.15||$3,900,482.10|| |
|6/9/2014||Richard E Muncrief||CEO||Buy||14,000||$21.71||$303,940.00|| |
|5/27/2014||Kelt Kindick||Director||Buy||5,000||$20.80||$104,000.00|| |
|5/21/2014||Steven Natali||SVP||Sell||55,390||$21.46||$1,188,669.40|| |
|5/20/2014||William Lowrie||Director||Buy||8,000||$20.95||$167,600.00|| |
|5/12/2014||James J Bender||CEO||Sell||94,700||$22.01||$2,084,347.00|| |
|12/30/2013||Michael R Fiser||SVP||Sell||46,893||$20.43||$958,023.99|| |
|10/22/2013||Neal A Buck||SVP||Sell||10,007||$23.00||$230,161.00|| |
|5/23/2013||Bryan K Guderian||SVP||Sell||20,000||$20.02||$400,400.00|| |
|5/22/2013||Neal A Buck||SVP||Sell||10,000||$21.00||$210,000.00|| |
|5/21/2013||James J Bender||SVP||Sell||30,413||$20.31||$617,688.03|| |
|11/8/2012||David F Work||Director||Buy||2,000||$15.05||$30,100.00|| |
Headline Trends for WPX Energy (NYSE:WPX)
Latest Headlines for WPX Energy (NYSE:WPX)
Loading headlines, please wait.
WPX Energy (WPX) Chart for Monday, October, 23, 2017