Shares of WPX Energy Inc. (NYSE:WPX) were up 5% on Wednesday . The stock traded as high as $9.52 and last traded at $9.50, with a volume of 6,808,933 shares traded. The stock had previously closed at $9.05.

Several analysts have weighed in on WPX shares. Goldman Sachs Group Inc. reissued a “hold” rating and issued a $7.25 price target (up from $6.75) on shares of WPX Energy in a research note on Tuesday, March 29th. Susquehanna reissued a “positive” rating on shares of WPX Energy in a research note on Tuesday, March 8th. Wunderlich boosted their price target on shares of WPX Energy from $11.00 to $13.00 and gave the stock a “buy” rating in a research note on Friday, May 6th. Seaport Global Securities downgraded shares of WPX Energy from a “reduce” rating to a “sell” rating and set a $5.00 price target for the company. in a research note on Wednesday, March 30th. Finally, BMO Capital Markets reissued a “hold” rating on shares of WPX Energy in a research note on Monday, June 13th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and sixteen have issued a buy rating to the stock. WPX Energy presently has an average rating of “Buy” and an average price target of $9.88.

The stock’s market cap is $2.63 billion. The company’s 50 day moving average price is $9.84 and its 200-day moving average price is $7.05.

WPX Energy (NYSE:WPX) last announced its quarterly earnings data on Thursday, May 5th. The company reported ($0.21) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.05. The company had revenue of $216 million for the quarter, compared to the consensus estimate of $307.41 million. During the same quarter in the previous year, the business earned $0.32 EPS. The company’s quarterly revenue was down 48.6% compared to the same quarter last year. On average, equities analysts forecast that WPX Energy Inc. will post ($0.72) EPS for the current year.

In other WPX Energy news, Director William G. Lowrie purchased 10,000 shares of WPX Energy stock in a transaction dated Monday, June 6th. The stock was acquired at an average price of $9.80 per share, for a total transaction of $98,000.00. Following the acquisition, the director now owns 237,076 shares in the company, valued at approximately $2,323,344.80. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Stephen L. Faulkner, Jr. sold 5,000 shares of the business’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $9.88, for a total transaction of $49,400.00. Following the completion of the sale, the vice president now owns 35,754 shares of the company’s stock, valued at approximately $353,249.52. The disclosure for this sale can be found here.

Other large investors have bought and sold shares of the company. I.G. Investment Management LTD. raised its stake in WPX Energy by 9.9% in the fourth quarter. I.G. Investment Management LTD. now owns 605,048 shares of the company’s stock valued at $3,473,000 after buying an additional 54,626 shares in the last quarter. Systematic Financial Management LP raised its stake in WPX Energy by 9.6% in the fourth quarter. Systematic Financial Management LP now owns 7,889,070 shares of the company’s stock valued at $45,283,000 after buying an additional 690,534 shares in the last quarter. Victory Capital Management Inc. raised its stake in WPX Energy by 31.9% in the fourth quarter. Victory Capital Management Inc. now owns 4,730,649 shares of the company’s stock valued at $27,154,000 after buying an additional 1,142,759 shares in the last quarter. Wells Fargo & Company MN raised its stake in WPX Energy by 1.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,303,629 shares of the company’s stock valued at $7,482,000 after buying an additional 23,683 shares in the last quarter. Finally, BOKF NA raised its stake in WPX Energy by 185.6% in the fourth quarter. BOKF NA now owns 323,131 shares of the company’s stock valued at $1,854,000 after buying an additional 209,991 shares in the last quarter.

WPX Energy, Inc is an independent oil and natural gas exploration and production company. The Company is engaged in the exploitation and development of long-life unconventional properties. It is engaged in the domestic development, production and gas management activities of oil, natural gas and natural gas liquids (NGLs) segment.

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