Cipher Capital LP lessened its stake in WPX Energy, Inc. (NYSE:WPX) by 33.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,155 shares of the oil and gas producer’s stock after selling 49,533 shares during the quarter. Cipher Capital LP’s holdings in WPX Energy were worth $1,152,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Capital Advisors Inc. OK boosted its holdings in shares of WPX Energy by 2.0% in the second quarter. Capital Advisors Inc. OK now owns 10,337 shares of the oil and gas producer’s stock valued at $100,000 after buying an additional 200 shares during the period. Ontario Teachers Pension Plan Board acquired a new position in shares of WPX Energy in the second quarter valued at approximately $113,000. Commonwealth Equity Services Inc acquired a new position in shares of WPX Energy in the third quarter valued at approximately $137,000. Financial Counselors Inc. boosted its holdings in shares of WPX Energy by 9.0% in the second quarter. Financial Counselors Inc. now owns 12,111 shares of the oil and gas producer’s stock valued at $117,000 after buying an additional 1,000 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of WPX Energy by 12.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,857 shares of the oil and gas producer’s stock valued at $134,000 after buying an additional 1,540 shares during the period. Institutional investors own 97.64% of the company’s stock.

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Shares of WPX Energy, Inc. (NYSE WPX) traded up $0.13 during mid-day trading on Friday, reaching $12.65. 2,085,616 shares of the company’s stock were exchanged, compared to its average volume of 7,455,044. The company has a quick ratio of 0.95, a current ratio of 1.02 and a debt-to-equity ratio of 0.73. WPX Energy, Inc. has a 12-month low of $8.39 and a 12-month high of $16.17.

WPX Energy (NYSE:WPX) last announced its quarterly earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. The firm had revenue of $224.00 million during the quarter, compared to analysts’ expectations of $334.38 million. WPX Energy had a negative net margin of 12.65% and a negative return on equity of 5.20%. The company’s revenue for the quarter was down 10.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.17) earnings per share. equities research analysts predict that WPX Energy, Inc. will post -0.47 earnings per share for the current fiscal year.

Several research analysts recently commented on WPX shares. Bank of America Corporation increased their target price on shares of WPX Energy from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Tuesday, November 14th. Citigroup Inc. increased their target price on shares of WPX Energy from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, October 13th. BidaskClub cut shares of WPX Energy from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. Barclays PLC upgraded shares of WPX Energy from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $10.00 to $14.00 in a report on Tuesday, November 7th. Finally, SunTrust Banks, Inc. set a $14.00 target price on shares of WPX Energy and gave the stock a “buy” rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eighteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $15.98.

In other WPX Energy news, insider Clay M. Gaspar sold 35,000 shares of the stock in a transaction on Friday, September 15th. The shares were sold at an average price of $10.48, for a total value of $366,800.00. Following the completion of the sale, the insider now owns 506,326 shares in the company, valued at $5,306,296.48. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.40% of the company’s stock.

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

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