WPX Energy Inc (NYSE:WPX) – SunTrust Banks issued their Q1 2018 EPS estimates for shares of WPX Energy in a report released on Thursday. SunTrust Banks analyst N. Dingmann anticipates that the oil and gas producer will post earnings per share of ($0.01) for the quarter. SunTrust Banks has a “Buy” rating and a $20.00 price target on the stock. SunTrust Banks also issued estimates for WPX Energy’s Q2 2018 earnings at $0.01 EPS, Q3 2018 earnings at $0.04 EPS and Q4 2018 earnings at $0.03 EPS.
WPX Energy (NYSE:WPX) last announced its quarterly earnings data on Wednesday, February 21st. The oil and gas producer reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.06. The firm had revenue of $238.00 million for the quarter, compared to the consensus estimate of $410.78 million. WPX Energy had a negative net margin of 1.20% and a negative return on equity of 3.83%. The business’s revenue for the quarter was up 170.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.16) earnings per share.
Shares of WPX Energy (NYSE:WPX) opened at $14.58 on Monday. The stock has a market cap of $5,810.00, a PE ratio of -47.03 and a beta of 2.48. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.71 and a current ratio of 0.76. WPX Energy has a one year low of $8.39 and a one year high of $16.09.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Amundi Pioneer Asset Management Inc. bought a new position in WPX Energy in the 4th quarter valued at approximately $114,000. Cerebellum GP LLC bought a new position in WPX Energy in the 4th quarter valued at approximately $130,000. Avestar Capital LLC bought a new position in WPX Energy in the 4th quarter valued at approximately $131,000. Commonwealth Equity Services Inc bought a new position in WPX Energy in the 3rd quarter valued at approximately $137,000. Finally, Capital Fund Management S.A. bought a new position in WPX Energy in the 4th quarter valued at approximately $173,000. Institutional investors and hedge funds own 99.82% of the company’s stock.
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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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