Zacks Rating on WPX Energy (WPX)

WPX Energy (WPX) has an average broker rating of 1.89, which is interpreted as a Buy, as rated by 18 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

WPX Energy (WPX) : The consensus price target for WPX Energy (WPX) is $11.74 for the short term with a standard deviation of $2.91. The most optimist securities analyst among the 17 who monitor the stock believes that the stock can reach $18, however, the pessimist price target for the company is $7.


Shares of WPX Energy, Inc. rose by 6.38% in the last five trading days and 25.58% for the last 4 weeks. WPX Energy, Inc. is up 19.98% in the last 3-month period. Year-to-Date the stock performance stands at 106.1%. WPX Energy (NYSE:WPX): On Tuesdays trading session , Opening price of the stock was $12.14 with an intraday high of $12.32. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $11.8. However, the stock managed to close at $11.83, a loss of 0.84% for the day. On the previous day, the stock had closed at $11.93. The total traded volume of the day was 7,884,623 shares.

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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