Shares of WPX Energy Inc. (NYSE:WPX) fell 3.4% during trading on Tuesday . The company traded as low as $9.75 and last traded at $9.80, with a volume of 4,436,424 shares changing hands. The stock had previously closed at $10.15.

A number of brokerages recently commented on WPX. Barclays PLC increased their price target on WPX Energy from $5.00 to $6.00 and gave the company an “underweight” rating in a research report on Thursday, July 14th. Goldman Sachs Group Inc. raised WPX Energy from a “neutral” rating to a “buy” rating and raised their target price for the stock from $10.50 to $14.75 in a research report on Wednesday, July 6th. Zacks Investment Research raised WPX Energy from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research report on Thursday, June 30th. Imperial Capital raised their target price on WPX Energy from $11.00 to $13.00 and gave the stock an “outperform” rating in a research report on Thursday, June 23rd. Finally, Deutsche Bank AG raised their target price on WPX Energy from $11.00 to $12.00 and gave the stock a “hold” rating in a research report on Tuesday, June 14th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $9.97.

The stock has a 50 day moving average of $9.82 and a 200 day moving average of $7.33. The stock’s market capitalization is $2.72 billion.

WPX Energy (NYSE:WPX) last announced its earnings results 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. During the same quarter in the prior year, the firm posted $0.32 earnings per share. The company had revenue of $216 million for the quarter, compared to analysts’ expectations of $307.41 million. WPX Energy’s quarterly revenue was down 48.6% on a year-over-year basis. On average, equities research analysts forecast that WPX Energy Inc. will post ($0.68) EPS for the current year.

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

Other large investors recently bought and sold shares of the company. State Board of Administration of Florida Retirement System raised its stake in WPX Energy by 0.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 286,453 shares of the company’s stock valued at $1,644,000 after buying an additional 1,220 shares during the period. Retirement Systems of Alabama raised its stake in WPX Energy by 1.4% in the fourth quarter. Retirement Systems of Alabama now owns 300,661 shares of the company’s stock valued at $1,726,000 after buying an additional 4,025 shares during the period. Swiss National Bank raised its stake in WPX Energy by 1.0% in the fourth quarter. Swiss National Bank now owns 305,300 shares of the company’s stock valued at $1,752,000 after buying an additional 3,100 shares during the period. 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 during the period. Finally, BNP Paribas Arbitrage SA raised its stake in WPX Energy by 126.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 342,079 shares of the company’s stock valued at $1,964,000 after buying an additional 191,054 shares during the period.

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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