News stories about WPX Energy (NYSE:WPX) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. WPX Energy earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the oil and gas producer an impact score of 46.8190706803311 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
Shares of WPX Energy (NYSE WPX) traded down $0.14 on Friday, hitting $14.59. 5,344,800 shares of the stock were exchanged, compared to its average volume of 5,307,816. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.95 and a current ratio of 1.02. WPX Energy has a fifty-two week low of $8.39 and a fifty-two week high of $15.17. The stock has a market cap of $5,860.00, a PE ratio of -29.78, a price-to-earnings-growth ratio of 9.34 and a beta of 2.46.
WPX Energy (NYSE:WPX) last issued its quarterly earnings data on Wednesday, November 1st. The oil and gas producer reported ($0.10) earnings per share for the quarter, topping the Zacks’ consensus estimate 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 business had revenue of $224.00 million during the quarter, compared to analysts’ expectations of $334.38 million. During the same period last year, the company posted ($0.17) EPS. The company’s revenue was down 10.8% on a year-over-year basis. equities analysts expect that WPX Energy will post -0.46 earnings per share for the current year.
Several analysts have recently issued reports on WPX shares. Bank of America increased their price objective on WPX Energy from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Tuesday, November 14th. Citigroup increased their target price on WPX Energy from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, October 13th. Barclays raised WPX Energy from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $10.00 to $14.00 in a report on Tuesday, November 7th. SunTrust Banks set a $14.00 target price on WPX Energy and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $16.00 price objective on shares of WPX Energy in a report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seventeen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $16.34.
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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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