WPX Energy (NYSE:WPX) Receives Daily Coverage Optimism Rating of 0.13
Media headlines about WPX Energy (NYSE:WPX) have trended somewhat positive on Saturday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WPX Energy earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media stories about the oil and gas producer an impact score of 47.1612316283503 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- WPX Energy, Inc. (NYSE:WPX) to Post Q4 2017 Earnings of ($0.12) Per Share, SunTrust Banks Forecasts (americanbankingnews.com)
- Stock Seesawing Amidst Rampant Activity: WPX Energy, Inc. (NYSE:WPX) – ExpressNewsline (expressnewsline.com)
- WPX boots its 2017 production forecast by 10 percent (northamericanshalemagazine.com)
- BRIEF-WPX Energy announces pricing of senior notes (reuters.com)
- Long Term: WPX Energy, Inc. (WPX) weak Trend – Stocks Gallery (stocksgallery.com)
A number of research analysts have recently issued reports on WPX shares. FBR & Co reaffirmed a “buy” rating and issued a $19.00 price objective on shares of WPX Energy in a research report on Monday, April 17th. BMO Capital Markets reaffirmed a “buy” rating and issued a $17.00 price objective on shares of WPX Energy in a research report on Monday, May 15th. Credit Suisse Group started coverage on shares of WPX Energy in a research report on Thursday, June 1st. They issued an “outperform” rating and a $18.00 price objective on the stock. ValuEngine downgraded shares of WPX Energy from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. Finally, Scotiabank reaffirmed a “buy” rating and issued a $20.00 price objective on shares of WPX Energy in a research report on Tuesday, June 13th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and seventeen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $15.95.
Shares of WPX Energy (NYSE:WPX) opened at 10.16 on Friday. WPX Energy has a 52 week low of $8.40 and a 52 week high of $16.17. The firm’s 50-day moving average is $10.00 and its 200 day moving average is $11.72. The firm’s market capitalization is $4.04 billion.
WPX Energy (NYSE:WPX) last released its earnings results on Wednesday, August 2nd. The oil and gas producer reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.02. WPX Energy had a negative return on equity of 5.99% and a negative net margin of 18.38%. The company had revenue of $413 million during the quarter, compared to the consensus estimate of $301.78 million. During the same quarter last year, the company earned ($0.28) earnings per share. WPX Energy’s quarterly revenue was up 199.3% compared to the same quarter last year. On average, equities analysts forecast that WPX Energy will post ($0.53) earnings per share for the current year.
WARNING: This piece was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of US & international copyright legislation. The original version of this piece can be read at https://www.dailypolitical.com/2017/08/12/wpx-energy-nysewpx-receives-daily-coverage-optimism-rating-of-0-13.html.
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.
Receive News & Ratings for WPX Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WPX Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.