WPX Energy (WPX) Stock Price Down 6.3%
WPX Energy Inc (NYSE:WPX) shares were down 6.3% on Thursday . The company traded as low as $12.98 and last traded at $13.03. Approximately 8,004,575 shares changed hands during trading, an increase of 26% from the average daily volume of 6,353,921 shares. The stock had previously closed at $13.90.
A number of research analysts have recently weighed in on WPX shares. BMO Capital Markets restated a “buy” rating and set a $16.00 price objective on shares of WPX Energy in a research report on Monday, November 6th. SunTrust Banks set a $14.00 price objective on WPX Energy and gave the company a “buy” rating in a research report on Wednesday, November 1st. Stifel Nicolaus set a $19.00 price objective on WPX Energy and gave the company a “buy” rating in a research report on Thursday, October 26th. Bank of America started coverage on WPX Energy in a research report on Monday, October 16th. They set a “buy” rating for the company. Finally, Citigroup upgraded WPX Energy from a “neutral” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Thursday, November 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $17.45.
The stock has a market cap of $5,150.00, a PE ratio of -26.49, a P/E/G ratio of 11.76 and a beta of 2.48. The company has a quick ratio of 0.95, a current ratio of 1.02 and a debt-to-equity ratio of 0.73.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WPX Energy and related companies with MarketBeat.com's FREE daily email newsletter.