News stories about WPX Energy (NYSE:WPX) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. WPX Energy earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the oil and gas producer an impact score of 46.8190706803311 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern’s scoring:
WPX has been the topic of a number of recent research reports. Piper Jaffray Companies reduced their target price on shares of WPX Energy from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Monday, September 18th. Stifel Nicolaus set a $17.00 target price on shares of WPX Energy and gave the stock a “buy” rating in a research report on Thursday, October 5th. Seaport Global Securities reaffirmed a “sell” rating and issued a $8.00 target price (up from $7.00) on shares of WPX Energy in a research report on Monday, October 9th. BMO Capital Markets set a $14.00 target price on shares of WPX Energy and gave the stock a “buy” rating in a research report on Tuesday, October 10th. Finally, Zacks Investment Research raised shares of WPX Energy from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $15.82.
Shares of WPX Energy (NYSE:WPX) traded up $0.55 during midday trading on Thursday, hitting $14.95. 5,856,100 shares of the stock were exchanged, compared to its average volume of 5,193,311. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.95 and a current ratio of 1.02. The stock has a market cap of $5,950.00, a P/E ratio of -30.51, a PEG ratio of 10.00 and a beta of 2.46. WPX Energy has a 12-month low of $8.39 and a 12-month high of $15.11.
WPX Energy (NYSE:WPX) last announced its quarterly earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. WPX Energy had a negative net margin of 12.65% and a negative return on equity of 5.20%. The firm had revenue of $224.00 million for the quarter, compared to the consensus estimate of $334.38 million. During the same quarter last year, the firm posted ($0.17) EPS. The business’s quarterly revenue was down 10.8% compared to the same quarter last year. equities research analysts forecast that WPX Energy will post -0.46 EPS for the current fiscal year.
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About WPX Energy
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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