Barclays Reiterates “Buy” Rating for WPX Energy (WPX)
Several other analysts also recently weighed in on WPX. Zacks Investment Research downgraded shares of WPX Energy from a buy rating to a hold rating in a research report on Monday, October 29th. Williams Capital reissued a buy rating and set a $21.00 target price on shares of WPX Energy in a research note on Monday, February 4th. BMO Capital Markets set a $20.00 target price on shares of WPX Energy and gave the company a buy rating in a research note on Monday, November 5th. Mizuho began coverage on shares of WPX Energy in a research note on Tuesday, January 29th. They set a neutral rating and a $14.00 target price on the stock. Finally, Seaport Global Securities reissued a buy rating and set a $20.00 target price on shares of WPX Energy in a research note on Wednesday, December 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-eight have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of $21.63.
Shares of NYSE:WPX opened at $11.91 on Tuesday. The stock has a market capitalization of $5.01 billion, a P/E ratio of -28.36, a PEG ratio of 0.95 and a beta of 2.23. WPX Energy has a fifty-two week low of $9.89 and a fifty-two week high of $20.80. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.47 and a current ratio of 0.51.
WPX Energy Company Profile
WPX Energy, Inc, an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company's principal areas of operation include the Delaware Basin in Texas and New Mexico; the Williston Basin in North Dakota; and the San Juan Basin in New Mexico and Colorado.
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