Large Outflow of Money Witnessed in WPX Energy

WPX Energy (NYSE:WPX) managed to eke out gains of 2.86% in intraday trade. The share price increased by 0.26 points to $9.35. Till last observation, the net money flow was recorded at a negative $(-4.58) million. The total inflow of $6.03 million in upticks was completely overshadowed by an outflow of $10.61 million in downticks, giving the up/down ratio a value of 0.57. The shares have seen a change of -6.59% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $1.13 million and the composite value in downticks was $5.25 million. The resultant up/down ratio for the block exchange was 0.22. The block trade had a negative money flow of $(-4.11) million.

WPX Energy, Inc. has lost 5.29% in the last five trading days and dropped 1.15% in the last 4 weeks. WPX Energy, Inc. is up 52.66% in the last 3-month period. Year-to-Date the stock performance stands at 65.16%.

Currently 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 3.24% . Institutional Investors own 95.3% of WPX Energy shares. During last six month period, the net percent change held by insiders has seen a change of 6.97%. . On the companys insider trading activities, 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) rose 4.29% or 0.39 points on Friday and made its way into the gainers of the day. After trading began at $9.37 the stock was seen hitting $9.63 as a peak level and $9.27 as the lowest level. The stock ended up at $9.48. The daily volume was measured at 13,288,721 shares. The 52-week high of the share price is $13.73 and the 52-week low is $2.53. The company has a market cap of $2,623 million.

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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