WPX Energy (NYSE:WPX) Getting Somewhat Positive Media Coverage, Analysis Shows

Media coverage about WPX Energy (NYSE:WPX) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. WPX Energy earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the oil and gas producer an impact score of 46.8531150957065 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news headlines that may have effected Accern’s scoring:

WPX Energy (WPX) traded up $0.30 during trading hours on Friday, reaching $14.89. The company’s stock had a trading volume of 5,253,586 shares, compared to its average volume of 5,070,000. The company has a current ratio of 1.02, a quick ratio of 0.95 and a debt-to-equity ratio of 0.73. WPX Energy has a 52 week low of $8.39 and a 52 week high of $15.17. The company has a market cap of $5,930.00, a P/E ratio of -30.39, a PEG ratio of 9.34 and a beta of 2.46.

WPX Energy (NYSE:WPX) last released its earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. WPX Energy had a negative return on equity of 5.20% and a negative net margin of 12.65%. The company had revenue of $224.00 million for the quarter, compared to the consensus estimate of $334.38 million. During the same quarter last year, the business posted ($0.17) EPS. WPX Energy’s quarterly revenue was down 10.8% compared to the same quarter last year. analysts anticipate that WPX Energy will post -0.46 earnings per share for the current fiscal year.

A number of equities research analysts have recently issued reports on WPX shares. Citigroup upgraded WPX Energy from a “neutral” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Thursday, November 16th. Stifel Nicolaus set a $19.00 target price on WPX Energy and gave the company a “buy” rating in a research note on Thursday, October 26th. Northland Securities set a $17.00 target price on WPX Energy and gave the company a “buy” rating in a research note on Monday, December 11th. Seaport Global Securities upgraded WPX Energy from a “sell” rating to a “neutral” rating in a research note on Tuesday, December 19th. Finally, SunTrust Banks set a $14.00 price objective on WPX Energy and gave the company a “buy” rating in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target 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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