Brokerage Firm Rating on WPX Energy (WPX)

WPX Energy (WPX) has an average broker rating of 1.84, which is interpreted as a Buy, as rated by 19 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

WPX Energy (WPX) : Average target price received by WPX Energy (WPX) is $11.68 with an expected standard deviation of $2.89. The most aggressive target on the stock is $18, whereas the most downbeat target is $7. 17 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy. WPX Energy (NYSE:WPX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.34 and $10.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.86, notching a gain of 6.37% for the day. The total traded volume was 11,142,368 . The stock had closed at $10.21 on the previous day.

In a related news,The officer (VP and Controller) of Wpx Energy, Inc., Faulkner Stephen L Jr sold 5,000 shares at $9.88 on June 13, 2016. The Insider selling transaction had a total value worth of $49,400. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

WPX Energy, Inc. is an independent natural gas and oil exploration and production company. The Company is engaged in the exploitation and development of unconventional properties. Its areas of operations are the Piceance Basin in the Rocky Mountain region, the Williston Basin in North Dakota and the San Juan Basin in the southwestern United States. It holds over 196,149 net acres in the Piceance Basin, which is located in northwestern Colorado. It operates around 177 wells in the Williston Basin and also owns interest in 19 wells that are operated by others. It holds 85,483 net acres in the Williston Basin. It holds approximately 134,000 net acres in the San Juan Basin. It operates approximately 945 wells in the San Juan Basin and also owns interest in 2,319 wells that are operated by other operators in New Mexico and Colorado. It is also focused on the Delaware Basin, which covers an area of 92,000 net acres and includes the Wolfcamp, Bone Spring, Avalon and Delaware Sands intervals.

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