Large Outflow of Money Witnessed in WPX Energy

WPX Energy (WPX): The stock had negative money flow to the tune of ($5.05 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $22.1 million, whereas, the outflow of money on downticks was $27.15 million and the ratio between the two was 0.81. The block trade had a negative net money flow of ($6.42 million). The total block trade value undertaken on upticks was $4.75 million. On the other hand, downticks amounted to $11.18 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.43. WPX Energy (WPX) closed with marginal gains of 27 cents to end the day at $12.27, an increase of 2.25% over the previous days close. The stock recorded 5.14% for the week.


The company Insiders own 1.2% of WPX Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.27% . Institutional Investors own 94.02% of WPX Energy shares. During last six month period, the net percent change held by insiders has seen a change of 2.59%.

In a related news, The Securities and Exchange Commission has divulged that Faulkner Stephen L Jr, officer (VP and Controller) of Wpx Energy, Inc., had unloaded 5,000 shares at an average price of $9.88 in a transaction dated on June 13, 2016. The total value of the transaction was worth $49,400.

WPX Energy (NYSE:WPX): The stock opened at $12.5 and touched an intraday high of $13.26 on Friday. During the day, the stock corrected to an intraday low of $12.5, however, the bulls stepped in and pushed the price higher to close in the green at $12.91 with a gain of 5.22% for the day. The total traded volume for the day was 13,241,518. The stock had closed at $12.27 in the previous trading session.

WPX Energy (WPX) : Traders are bullish on WPX Energy (WPX) as it has outperformed the S&P 500 by a wide margin of 29.4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 10.07%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 10.63% in the last 1 week, and is up 29.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

WPX Energy, Inc. is an independent natural gas and oil exploration and production company. The Company is engaged in the exploitation and development of unconventional properties. Its areas of operations are the Piceance Basin in the Rocky Mountain region, the Williston Basin in North Dakota and the San Juan Basin in the southwestern United States. It holds over 196,149 net acres in the Piceance Basin, which is located in northwestern Colorado. It operates around 177 wells in the Williston Basin and also owns interest in 19 wells that are operated by others. It holds 85,483 net acres in the Williston Basin. It holds approximately 134,000 net acres in the San Juan Basin. It operates approximately 945 wells in the San Juan Basin and also owns interest in 2,319 wells that are operated by other operators in New Mexico and Colorado. It is also focused on the Delaware Basin, which covers an area of 92,000 net acres and includes the Wolfcamp, Bone Spring, Avalon and Delaware Sands intervals.

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