WPX Energy Inc (WPXP) to Issue Quarterly Dividend of $0.78 on October 31st
WPX Energy Inc (NASDAQ:WPXP) announced a quarterly dividend on Thursday, September 21st, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be paid a dividend of 0.7813 per share on Tuesday, October 31st. This represents a $3.13 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date is Thursday, October 12th.
Shares of WPX Energy (WPXP) opened at 51.31 on Wednesday. The stock has a 50 day moving average of $51.32 and a 200-day moving average of $51.32. The firm’s market capitalization is $20.41 billion. WPX Energy has a one year low of $45.99 and a one year high of $71.83.
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Separately, Cowen and Company upgraded shares of WPX Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, June 22nd.
WPX Energy Company 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.
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