News coverage about WPX Energy (NYSE:WPX) has been trending positive recently, according to AlphaOne. The research firm, a division of Accern, rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WPX Energy earned a media sentiment score of 0.29 on AlphaOne’s scale. AlphaOne also gave news articles about the oil and gas producer an impact score of 91 out of 100, indicating that recent press coverage is extremely likely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Alpha One’s analysis:
- Overview of Different Indicators: WPX Energy, Inc. (WPX), JC Penney Company, Inc. (JCP) – AllStockNews (allstocknews.com)
- SunTrust Banks Comments on WPX Energy, Inc.’s Q2 2017 Earnings (WPX) (americanbankingnews.com)
- Hot Stocks: WPX Energy Inc(NYSE:WPX), Sprint Corp(NYSE:S) – Stocks In Focus (press release) (nysetradingupdates.com)
- Is This Just A Random Move? – WPX Energy, Inc. (WPX), Denbury Resources Inc. (DNR) – AllStockNews (allstocknews.com)
- Featured Company News – WPX Energy and Howard Energy Partners Converge to Develop Permian Midstream Assets (finance.yahoo.com)
Several analysts have issued reports on WPX shares. FBR & Co restated a “buy” rating on shares of WPX Energy in a research note on Wednesday, February 22nd. Scotiabank restated a “buy” rating and issued a $23.00 price objective on shares of WPX Energy in a research note on Thursday, February 23rd. Zacks Investment Research lowered WPX Energy from a “buy” rating to a “hold” rating in a research note on Monday, February 27th. Seaport Global Securities upgraded WPX Energy from a “neutral” rating to a “buy” rating in a research note on Friday, March 31st. Finally, Stifel Nicolaus assumed coverage on WPX Energy in a research note on Wednesday, April 12th. They set a “buy” rating and a $21.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and seventeen have assigned a buy rating to the stock. WPX Energy presently has an average rating of “Buy” and an average price target of $16.57.
WPX Energy (WPX) traded down 1.19% during midday trading on Friday, hitting $9.15. The company had a trading volume of 17,320,650 shares. WPX Energy has a 52 week low of $8.23 and a 52 week high of $16.17. The firm’s market capitalization is $3.64 billion. The firm’s 50 day moving average is $11.34 and its 200-day moving average is $12.99.
WPX Energy (NYSE:WPX) last announced its earnings results on Wednesday, May 3rd. The oil and gas producer reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.02. WPX Energy had a negative net margin of 52.99% and a negative return on equity of 7.13%. The company had revenue of $461 million during the quarter, compared to analyst estimates of $254.24 million. On average, equities research analysts expect that WPX Energy will post ($0.54) EPS for the current fiscal year.
WPX Energy Company Profile
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.
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