WPX Energy Inc (NYSE:WPX) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 25,677,884 shares, a growth of 14.9% from the January 12th total of 22,339,765 shares. Approximately 6.6% of the company’s stock are short sold. Based on an average trading volume of 5,993,487 shares, the days-to-cover ratio is currently 4.3 days.

Several institutional investors have recently added to or reduced their stakes in WPX. Millennium Management LLC boosted its position in shares of WPX Energy by 83.1% during the fourth quarter. Millennium Management LLC now owns 14,867,732 shares of the oil and gas producer’s stock valued at $209,189,000 after buying an additional 6,748,268 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of WPX Energy by 57.4% during the third quarter. Ameriprise Financial Inc. now owns 8,773,877 shares of the oil and gas producer’s stock valued at $100,865,000 after buying an additional 3,200,766 shares during the last quarter. Systematic Financial Management LP boosted its position in shares of WPX Energy by 108.7% during the third quarter. Systematic Financial Management LP now owns 3,834,934 shares of the oil and gas producer’s stock valued at $44,102,000 after buying an additional 1,997,566 shares during the last quarter. State Street Corp boosted its position in shares of WPX Energy by 9.5% during the second quarter. State Street Corp now owns 14,691,763 shares of the oil and gas producer’s stock valued at $141,921,000 after buying an additional 1,272,719 shares during the last quarter. Finally, Dalton Greiner Hartman Maher & Co. boosted its position in shares of WPX Energy by 93.6% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 2,606,321 shares of the oil and gas producer’s stock valued at $36,671,000 after buying an additional 1,259,799 shares during the last quarter. 99.89% of the stock is currently owned by institutional investors.

Shares of WPX Energy (NYSE:WPX) opened at $13.86 on Thursday. 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 12-month low of $8.39 and a 12-month high of $16.09. The company has a market capitalization of $5,520.00, a price-to-earnings ratio of -28.29, a P/E/G ratio of 12.14 and a beta of 2.48.

WPX has been the subject of several analyst reports. Stifel Nicolaus set a $19.00 price target on WPX Energy and gave the company a “buy” rating in a report on Thursday, October 26th. SunTrust Banks set a $14.00 price target on WPX Energy and gave the company a “buy” rating in a report on Wednesday, November 1st. BMO Capital Markets restated a “buy” rating and set a $16.00 price target on shares of WPX Energy in a report on Monday, November 6th. Barclays upgraded WPX Energy from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $10.00 to $14.00 in a report on Tuesday, November 7th. Finally, Bank of America raised their price target on WPX Energy from $16.00 to $17.00 and gave the company a “buy” rating in a report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. WPX Energy has a consensus rating of “Buy” and an average target price of $17.45.

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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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