Rhumbline Advisers increased its position in shares of WPX Energy, Inc. (NYSE:WPX) by 10.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 773,644 shares of the oil and gas producer’s stock after buying an additional 70,545 shares during the period. Rhumbline Advisers owned 0.19% of WPX Energy worth $8,897,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WPX. Capital Advisors Inc. OK boosted its holdings in shares of WPX Energy by 2.0% during the 2nd quarter. Capital Advisors Inc. OK now owns 10,337 shares of the oil and gas producer’s stock worth $100,000 after buying an additional 200 shares during the period. Ontario Teachers Pension Plan Board bought a new stake in shares of WPX Energy during the 2nd quarter worth $113,000. Financial Counselors Inc. boosted its holdings in shares of WPX Energy by 9.0% during the 2nd quarter. Financial Counselors Inc. now owns 12,111 shares of the oil and gas producer’s stock worth $117,000 after buying an additional 1,000 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of WPX Energy by 12.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,857 shares of the oil and gas producer’s stock worth $134,000 after buying an additional 1,540 shares during the period. Finally, BlueMountain Capital Management LLC boosted its holdings in shares of WPX Energy by 39.3% during the 2nd quarter. BlueMountain Capital Management LLC now owns 14,532 shares of the oil and gas producer’s stock worth $140,000 after buying an additional 4,097 shares during the period. 99.79% of the stock is owned by institutional investors and hedge funds.

In other 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 transaction, the insider now owns 506,326 shares in the company, valued at approximately $5,306,296.48. The sale was disclosed in a filing with the SEC, which is available at this link. 1.40% of the stock is owned by corporate insiders.

Several analysts recently issued reports on the stock. ValuEngine downgraded shares of WPX Energy from a “hold” rating to a “sell” rating in a report on Monday, August 14th. BidaskClub downgraded shares of WPX Energy from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. 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 price objective on shares of WPX Energy and gave the stock a “buy” rating in a report on Monday, August 28th. Finally, Bank of America assumed coverage on shares of WPX Energy in a report on Monday, October 16th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eighteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $15.98.

WPX Energy, Inc. (NYSE:WPX) traded down $0.58 during trading hours on Tuesday, reaching $12.07. 5,441,400 shares of the company traded hands, compared to its average volume of 7,425,273. WPX Energy, Inc. has a 1 year low of $8.39 and a 1 year high of $16.17. 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 (NYSE:WPX) last released its earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.10) EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 business’s quarterly revenue was down 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.17) EPS. analysts forecast that WPX Energy, Inc. will post -0.47 earnings per share for the current fiscal year.

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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.

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

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