Teachers Retirement System of The State of Kentucky decreased its stake in shares of WPX Energy, Inc. (NYSE:WPX) by 32.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,367 shares of the oil and gas producer’s stock after selling 79,758 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in WPX Energy were worth $1,578,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its holdings in WPX Energy by 5.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,282,800 shares of the oil and gas producer’s stock valued at $12,392,000 after buying an additional 71,300 shares in the last quarter. Parametric Portfolio Associates LLC lifted its holdings in WPX Energy by 0.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 476,430 shares of the oil and gas producer’s stock valued at $4,602,000 after buying an additional 1,198 shares in the last quarter. Sapience Investments LLC lifted its holdings in WPX Energy by 95.4% during the 2nd quarter. Sapience Investments LLC now owns 1,009,077 shares of the oil and gas producer’s stock valued at $9,748,000 after buying an additional 492,589 shares in the last quarter. M&T Bank Corp lifted its holdings in WPX Energy by 17.2% during the 2nd quarter. M&T Bank Corp now owns 22,451 shares of the oil and gas producer’s stock valued at $217,000 after buying an additional 3,290 shares in the last quarter. Finally, BP Capital Fund Advisors LLC lifted its holdings in WPX Energy by 12.8% during the 2nd quarter. BP Capital Fund Advisors LLC now owns 428,503 shares of the oil and gas producer’s stock valued at $4,139,000 after buying an additional 48,543 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

WPX Energy, Inc. (WPX) opened at 11.36 on Friday. WPX Energy, Inc. has a 12 month low of $8.39 and a 12 month high of $16.17. The stock has a 50 day moving average of $10.49 and a 200-day moving average of $10.96. The stock’s market cap is $4.52 billion.

WPX Energy (NYSE:WPX) last issued its quarterly earnings results on Wednesday, August 2nd. The oil and gas producer reported ($0.14) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.02. The business had revenue of $413.00 million for the quarter, compared to analysts’ expectations of $301.78 million. WPX Energy had a negative net margin of 18.38% and a negative return on equity of 5.99%. The business’s quarterly revenue was up 199.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.28) earnings per share. On average, equities analysts forecast that WPX Energy, Inc. will post ($0.50) EPS for the current fiscal year.

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A number of brokerages recently weighed in on WPX. Piper Jaffray Companies decreased their price objective on shares of WPX Energy from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Monday, September 18th. BMO Capital Markets set a $13.00 target price on shares of WPX Energy and gave the company a “buy” rating in a research report on Monday, August 28th. BidaskClub raised shares of WPX Energy from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. J P Morgan Chase & Co reissued an “overweight” rating and set a $17.00 target price (up previously from $16.00) on shares of WPX Energy in a research report on Thursday, August 24th. Finally, Northland Securities set a $20.00 target price on shares of WPX Energy and gave the company a “buy” rating in a research report on Monday, August 21st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $15.58.

In other news, insider Clay M. Gaspar sold 35,000 shares of the stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $10.48, for a total transaction of $366,800.00. Following the sale, the insider now owns 506,326 shares of the company’s stock, valued at $5,306,296.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is currently owned by corporate insiders.

WPX Energy Profile

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.

Institutional Ownership by Quarter for WPX Energy (NYSE:WPX)

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