WPX Energy (WPX) Getting Somewhat Positive News Coverage, Report Finds

News stories about WPX Energy (NYSE:WPX) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern 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 news impact score of 0.16 on Accern’s scale. Accern also assigned media stories about the oil and gas producer an impact score of 46.9499049376315 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of WPX Energy (NYSE WPX) traded down $0.30 during midday trading on Tuesday, reaching $14.77. 6,650,300 shares of the company’s stock traded hands, compared to its average volume of 5,290,000. The company has a current ratio of 1.02, a quick ratio of 0.95 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $5,880.00, a P/E ratio of -30.14, a P/E/G ratio of 10.58 and a beta of 2.46. WPX Energy has a twelve month low of $8.39 and a twelve month high of $15.17.

WPX Energy (NYSE:WPX) last announced its quarterly earnings data on Wednesday, November 1st. The oil and gas producer reported ($0.10) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.02. The business had revenue of $224.00 million during the quarter, compared to the consensus estimate of $334.38 million. WPX Energy had a negative net margin of 12.65% and a negative return on equity of 5.20%. The firm’s quarterly revenue was down 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.17) earnings per share. research analysts predict that WPX Energy will post -0.46 earnings per share for the current fiscal year.

WPX has been the subject of a number of research analyst reports. Piper Jaffray Companies cut their price objective on WPX Energy from $15.00 to $12.00 and set a “neutral” rating for the company in a research report on Monday, September 18th. Stifel Nicolaus set a $17.00 price target on WPX Energy and gave the stock a “buy” rating in a research report on Thursday, October 5th. Seaport Global Securities reiterated a “sell” rating and issued a $8.00 price target (up previously from $7.00) on shares of WPX Energy in a research report on Monday, October 9th. BMO Capital Markets set a $14.00 price target on WPX Energy and gave the stock a “buy” rating in a research report on Tuesday, October 10th. Finally, Zacks Investment Research upgraded WPX Energy from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $15.82.

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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.

Insider Buying and Selling by Quarter for WPX Energy (NYSE:WPX)

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