WPX Energy, Inc.s in-depth stock price analysis indicates that the stock price has rallied 8.3% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 17.4% . Looking at the past 52 week period, the stock price is up at 212.79% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of WPX Energy, Inc. has a positive value of 108.44 compared to overall market. WPX Energy, Inc. (NYSE:WPX) has tumbled 2.7% during the past week and has dropped 0.15% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.48%. WPX Energy, Inc. (NYSE:WPX) has underperformed the index by 1.93% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
WPX Energy, Inc. (NYSE:WPX) : On Friday heightened volatility was witnessed in WPX Energy, Inc. (NYSE:WPX) which led to swings in the share price. The stock opened for trading at $13.6 and hit $13.81 on the upside , eventually ending the session at $13.7, with a gain of 2.54% or 0.34 points. The heightened volatility saw the trading volume jump to 6,658,868 shares. The 52-week high of the share price is $16.17 and the company has a market cap of $4,811 million. The 52-week low of the share price is at $3.51 .
WPX Energy Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $-0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $-0.18. The company had revenue of $251.00 million for the quarter, compared to analysts expectations of $265.86 million. The companys revenue was down -38.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.04 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Dec 13, 2016 to Outperform, Raises Price Target to $ 19 from a previous price target of $16 .Company shares were Upgraded by Deutsche Bank on Nov 28, 2016 to Buy, Raises Price Target to $ 17 from a previous price target of $15 .
Company has reported several Insider transactions to the SEC, on Jan 17, 2017, Richard E Muncrief (CEO) purchased 20,000 shares at 13.35 per share price.On Jan 17, 2017, William G Lowrie (director) purchased 5,000 shares at 13.35 per share price.On Jan 17, 2017, Kelt Kindick (director) purchased 10,000 shares at 13.35 per share price.
WPX Energy, Inc. is a natural gas and oil company focused on the exploitation and development of unconventional properties. The Company has oil and gas properties particularly in the Piceance Basin, Bakken Shale and Marcellus Shale. WPX Energy, Inc. is based in Tulsa, Oklahoma.