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
Industry Oil & Gas Exploration and Production
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio-28.469387755102
Forward P/E Ratio-29.68
Sales & Book Value
Annual Sales$693 million
Price / Sales8.01
Cash Flow$1.13 per share
Price / Cash12.33
Book Value$8.16 per share
Price / Book1.71
Return on Equity-5.20%
Return on Assets-2.54%
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) released its quarterly earnings data on Wednesday, November, 1st. The oil and gas producer reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.02. The oil and gas producer earned $224 million during the quarter, compared to analyst estimates of $334.38 million. WPX Energy had a negative net margin of 12.65% and a negative return on equity of 5.20%. WPX Energy's quarterly revenue was down 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.17) EPS. 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 2018?
20 Wall Street analysts have issued twelve-month price objectives for WPX Energy's shares. Their predictions range from $8.00 to $27.00. On average, they expect WPX Energy's stock price to reach $17.55 in the next twelve months. 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. According to Zacks Investment Research, "Shares of WPX Energy have gained higher than the industry in last six months. The company continues to work on its strategy of increasing oil production, which is evident from the rising liquid mix in total production. Liquids accounted for 69.7% of total production in the third quarter. Production from the Delaware Basin increased substantially during the quarter with the help of assets the company acquired during the first quarter. We believe WPX Energy's exposure in the Delaware, Williston and San Juan basins will enable it achieve its new goal of higher oil generation in 2018. However, the competitive energy space, volatility in crude oil prices, stringent regulations and dependence on third parties to market their products are the headwinds. " (2/3/2018)
- 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 increase in short interest during the month of January. As of January 31st, there was short interest totalling 25,677,884 shares, an increase of 14.9% from the January 12th total of 22,339,765 shares. Based on an average daily trading volume, of 5,993,487 shares, the days-to-cover ratio is currently 4.3 days. Currently, 6.6% 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 Cabot Oil & Gas (COG), Encana (ECA), Cimarex Energy (XEC), Repsol Oil & Gas Canada (TLM), Parsley Energy (PE), EQT GP (EQGP), Rice Energy (RICE), Antero Resources (AR), Athlon Energy (ATHL), RSP Permian (RSPP), Newfield Exploration (NFX), Energen (EGN), Murphy Oil (MUR), Vermilion Energy (VET), Texas Pacific Land Trust (TPL), Transportadora de Gas del Sur (TGS), PDC Energy (PDCE) and Range Resources (RRC).
Who are WPX Energy's key executives?
WPX Energy's management team includes the folowing people:
- Richard E. Muncrief, Chairman of the Board, Chief Executive Officer (Age 58)
- Clay M. Gaspar, President, Chief Operating Officer, Senior Vice President (Age 45)
- J. Kevin Vann, Chief Financial Officer, Senior Vice President (Age 45)
- Dennis C. Cameron, Senior Vice President, General Counsel (Age 54)
- Bryan K. Guderian, Senior Vice President - Business Development and Land (Age 57)
- William G. Lowrie, Lead Independent Director (Age 73)
- John A. Carrig J.D., Independent Director (Age 65)
- William R. Granberry, Independent Director (Age 74)
- Robert K. Herdman, Independent Director (Age 68)
- Kelt Kindick, Independent Director (Age 62)
Who owns WPX Energy stock?
WPX Energy's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.19%), Millennium Management LLC (3.73%), Jennison Associates LLC (2.96%), Goldman Sachs Group Inc. (2.70%), Fuller & Thaler Asset Management Inc. (1.78%) and Vaughan Nelson Investment Management L.P. (1.28%). 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?
WPX Energy's stock was sold by a variety of institutional investors in the last quarter, including SIR Capital Management L.P., Encompass Capital Advisors LLC, Schroder Investment Management Group, Waratah Capital Advisors Ltd., Ninepoint Partners LP, UBS Asset Management Americas Inc., Cider Mill Investments LP and Sapience Investments LLC. View Insider Buying and Selling for WPX Energy.
Who bought WPX Energy stock? Who is buying WPX Energy stock?
WPX Energy's stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Dalton Greiner Hartman Maher & Co., Brandywine Global Investment Management LLC, Mackenzie Financial Corp, First Trust Advisors LP, Lombard Odier Asset Management USA Corp, Centenus Global Management LP and Retirement Systems of Alabama. 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 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 Energy stock can currently be purchased for approximately $13.95.
How big of a company is WPX Energy?
WPX Energy has a market capitalization of $5.55 billion and generates $693 million in revenue each year. The oil and gas producer earns $-601,000,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis. WPX Energy employs 650 workers across the globe.
How can I contact WPX Energy?
WPX Energy's mailing address is 1 One Williams Ctr, TULSA, OK 74172-0140, United States. The oil and gas producer can be reached via phone at +1-918-5732000 or via email at [email protected]
MarketBeat Community Rating for WPX Energy (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.
WPX Energy (NYSE:WPX) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.95||2.88||2.83||2.79|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
17 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
1 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
2 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$17.55||$16.21||$16.03||$15.79|
|Price Target Upside: ||19.16% upside||11.08% upside||36.29% upside||64.13% upside|
WPX Energy (NYSE:WPX) Consensus Price Target History
WPX Energy (NYSE:WPX) Analyst Ratings History
(Data available from 2/17/2016 forward)
WPX Energy (NYSE:WPX) Earnings History and Estimates Chart
WPX Energy (NYSE WPX) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017||Q3 2017||($0.12)||($0.10)||$334.38 million||$224.00 million||View||N/A|
|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|
WPX Energy (NYSE:WPX) Earnings Estimates
2018 EPS Consensus Estimate: ($0.01)
2019 EPS Consensus Estimate: $0.52
(Earnings estimates 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
WPX Energy (NYSE WPX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 99.89%
WPX Energy (NYSE WPX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|9/15/2017||Clay M Gaspar||Insider||Sell||35,000||$10.48||$366,800.00||506,326|| |
|1/12/2017||Richard E Muncrief||Insider||Buy||20,000||$13.35||$267,000.00||732,481|| |
|1/12/2017||William G Lowrie||Director||Buy||5,000||$13.35||$66,750.00||242,076|| |
|6/13/2016||Stephen L Faulkner Jr||VP||Sell||5,000||$9.88||$49,400.00||35,754|| |
|6/6/2016||Richard E Muncrief||CEO||Buy||20,400||$9.80||$199,920.00||732,481|| |
|6/6/2016||William G Lowrie||Director||Buy||10,000||$9.80||$98,000.00||237,076|| |
|3/3/2016||William G Lowrie||Director||Buy||2,500||$4.92||$12,300.00||196,820|| |
|8/26/2015||Clay M. Gaspar||SVP||Buy||35,000||$5.51||$192,850.00||120,630|| |
|8/25/2015||Dennis C Cameron||SVP||Buy||1,800||$5.50||$9,900.00||53,939|| |
|8/21/2015||Richard E Muncrief||CEO||Buy||20,000||$6.82||$136,400.00||409,935|| |
|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||14,646|| |
|5/20/2014||William Lowrie||Director||Buy||8,000||$20.95||$167,600.00||127,578|| |
|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|| |
WPX Energy (NYSE WPX) News Headlines
WPX Energy (NYSE:WPX) SEC Filings
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WPX Energy (NYSE:WPX) Income Statement, Balance Sheet and Cash Flow Statement
WPX Energy (NYSE WPX) Stock Chart for Saturday, February, 17, 2018