$0.08 EPS Expected for WPX Energy, Inc. (WPX)

October 14, 2018 - By Ash

WPX Energy, Inc. (NYSE:WPX) LogoInvestors sentiment increased to 0.99 in 2018 Q2. Its up 0.07, from 0.92 in 2018Q1. It increased, as 37 investors sold WPX Energy, Inc. shares while 110 reduced holdings. 57 funds opened positions while 88 raised stakes. 381.11 million shares or 0.46% less from 382.86 million shares in 2018Q1 were reported.
Engineers Gate Manager L P, a New York-based fund reported 213,797 shares. Tortoise Cap Advisors Limited Liability Com accumulated 728,360 shares or 0.08% of the stock. 115,180 were accumulated by Metropolitan Life Ins. Waratah Cap Advisors Ltd holds 1.75% or 880,505 shares. Arizona State Retirement invested 0.05% in WPX Energy, Inc. (NYSE:WPX). Systematic Financial Management L P stated it has 1.50 million shares. Guggenheim Cap Limited Liability has 0.01% invested in WPX Energy, Inc. (NYSE:WPX). Royal Bancorporation Of Canada holds 0% or 170,206 shares in its portfolio. Assets Invest Mgmt Llc stated it has 55,000 shares. Usca Ria Limited Co reported 0.02% of its portfolio in WPX Energy, Inc. (NYSE:WPX). King Luther Capital Mngmt Corp owns 0.16% invested in WPX Energy, Inc. (NYSE:WPX) for 1.10M shares. 416,344 are owned by Credit Suisse Ag. Smithfield invested 0% in WPX Energy, Inc. (NYSE:WPX). Zweig has invested 1.12% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Westfield Mgmt Com L P holds 0.44% or 3.24 million shares.

Since May 7, 2018, it had 0 insider purchases, and 5 insider sales for $2.52 million activity. FAULKNER STEPHEN L JR had sold 8,100 shares worth $152,871. GUDERIAN BRYAN K sold $921,650 worth of stock. The insider Gaspar Clay M sold $991,650. $181,900 worth of stock was sold by CAMERON DENNIS C on Wednesday, May 16.

Analysts expect WPX Energy, Inc. (NYSE:WPX) to report $0.08 EPS on November, 7.They anticipate $0.18 EPS change or 180.00 % from last quarter’s $-0.1 EPS. WPX’s profit would be $33.60 million giving it 58.13 P/E if the $0.08 EPS is correct. After having $0.06 EPS previously, WPX Energy, Inc.’s analysts see 33.33 % EPS growth. The stock increased 2.37% or $0.43 during the last trading session, reaching $18.6. About 7.43 million shares traded or 35.10% up from the average. WPX Energy, Inc. (NYSE:WPX) has risen 79.94% since October 14, 2017 and is uptrending. It has outperformed by 64.32% the S&P500.

WPX Energy, Inc. (NYSE:WPX) Ratings Coverage

Among 13 analysts covering WPX Energy (NYSE:WPX), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. WPX Energy had 13 analyst reports since April 16, 2018 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Monday, April 16. Seaport Global upgraded it to “Buy” rating and $2500 target in Wednesday, May 23 report. Goldman Sachs downgraded the shares of WPX in report on Friday, August 3 to “Neutral” rating. The stock of WPX Energy, Inc. (NYSE:WPX) earned “Strong Buy” rating by Raymond James on Monday, August 6. The firm has “Buy” rating given on Thursday, August 2 by Bank of America. Susquehanna maintained the shares of WPX in report on Thursday, April 19 with “Buy” rating. JP Morgan maintained WPX Energy, Inc. (NYSE:WPX) rating on Wednesday, May 23. JP Morgan has “Overweight” rating and $26 target. Stifel Nicolaus maintained WPX Energy, Inc. (NYSE:WPX) on Wednesday, June 20 with “Buy” rating. As per Wednesday, April 18, the company rating was maintained by Piper Jaffray.

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 has market cap of $7.81 billion. 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. It currently has negative earnings. As of December 31, 2016, it had proved reserves of 346 million barrels of oil equivalent.

Another recent and important WPX Energy, Inc. (NYSE:WPX) news was published by Businesswire.com which published an article titled: “WPX Energy to Host Nov. 1 Webcast” on October 02, 2018.

WPX Energy, Inc. (NYSE:WPX) Institutional Positions Chart

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