News stories about WPX Energy (NYSE:WPX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. WPX Energy earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 47.1612316283503 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- 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)
WPX Energy (WPX) opened at 10.16 on Friday. The firm has a 50 day moving average of $10.00 and a 200-day moving average of $11.72. The stock’s market cap is $4.04 billion. WPX Energy has a 52-week low of $8.40 and a 52-week high of $16.17.
WPX Energy (NYSE:WPX) last released its earnings results on Wednesday, August 2nd. The oil and gas producer reported ($0.14) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.02. The firm had revenue of $413 million during the quarter, compared to analyst estimates of $301.78 million. WPX Energy had a negative net margin of 18.38% and a negative return on equity of 5.99%. The business’s revenue was up 199.3% on a year-over-year basis. During the same quarter last year, the business earned ($0.28) EPS. Equities analysts anticipate that WPX Energy will post ($0.53) earnings per share for the current fiscal year.
Several research firms have weighed in on WPX. Barclays PLC set a $10.00 price target on shares of WPX Energy and gave the stock a “hold” rating in a research note on Friday, August 4th. Imperial Capital began coverage on shares of WPX Energy in a research note on Tuesday, July 18th. They issued an “outperform” rating and a $18.00 price target for the company. Northland Securities set a $20.00 price target on shares of WPX Energy and gave the stock a “buy” rating in a research note on Monday, July 17th. BMO Capital Markets boosted their price target on shares of WPX Energy from $12.00 to $13.00 and gave the stock a “no rating at time” rating in a research note on Friday, July 14th. Finally, Citigroup Inc. lowered their price target on shares of WPX Energy from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $15.95.
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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.
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