WPX - WPX Energy, Inc.

NYSE - NYSE Delayed Price. Currency in USD
6.11
+0.17 (+2.86%)
At close: 4:00PM EDT
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Momentum

Momentum

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close5.94
Open6.01
Bid6.00 x 1000
Ask0.00 x 4000
Day's Range5.70 - 6.15
52 Week Range1.94 - 14.43
Volume10,877,270
Avg. Volume15,785,240
Market Cap3.418B
Beta (5Y Monthly)3.66
PE Ratio (TTM)N/A
EPS (TTM)-0.21
Earnings DateAug 03, 2020 - Aug 07, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est8.40
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
51% Est. Return
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  • How Does WPX Energy's (NYSE:WPX) P/E Compare To Its Industry, After Its Big Share Price Gain?
    Simply Wall St.

    How Does WPX Energy's (NYSE:WPX) P/E Compare To Its Industry, After Its Big Share Price Gain?

    WPX Energy (NYSE:WPX) shareholders are no doubt pleased to see that the share price has bounced 32% in the last month...

  • Thomson Reuters StreetEvents

    Edited Transcript of WPX earnings conference call or presentation 7-May-20 2:00pm GMT

    Q1 2020 WPX Energy Inc Earnings Call

  • WPX Energy Inc (WPX) Q1 2020 Earnings Call Transcript
    Motley Fool

    WPX Energy Inc (WPX) Q1 2020 Earnings Call Transcript

    WPX earnings call for the period ending March 31, 2020.

  • WPX Energy (WPX) Q1 Earnings and Revenues Beat Estimates
    Zacks

    WPX Energy (WPX) Q1 Earnings and Revenues Beat Estimates

    WPX Energy's (WPX) first-quarter earnings and revenues surpass estimates. The company reduces its 2020 capital expenditure guidance to preserve liquidity.

  • WPX Energy (WPX) Surpasses Q1 Earnings and Revenue Estimates
    Zacks

    WPX Energy (WPX) Surpasses Q1 Earnings and Revenue Estimates

    WPX (WPX) delivered earnings and revenue surprises of 40.00% and 122.17%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • WPX Energy Reports 1Q 2020 Results
    Business Wire

    WPX Energy Reports 1Q 2020 Results

    At the end of the first quarter, NYSE: WPX was producing more than 150,000 barrels per day (net) of oil following its acquisition of Felix Energy.

  • WPX Energy (WPX) to Report Q1 Earnings: What's in Store?
    Zacks

    WPX Energy (WPX) to Report Q1 Earnings: What's in Store?

    Benefits from the acquisition of Felix Energy are likely to reflect on WPX Energy's (WPX) first-quarter results.

  • WPX Energy (WPX) Earnings Expected to Grow: Should You Buy?
    Zacks

    WPX Energy (WPX) Earnings Expected to Grow: Should You Buy?

    WPX (WPX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • WPX Energy to Hold Virtual Annual Meeting of Stockholders
    Business Wire

    WPX Energy to Hold Virtual Annual Meeting of Stockholders

    In light of public health guidelines regarding COVID-19, WPX's annual meeting will be held solely by remote communication in a virtual only format.

  • Breaking Down This Big Energy Stock Bet
    Schaeffer's Investment Research

    Breaking Down This Big Energy Stock Bet

    The November 2 put is home to a six-digit trade

  • Should Value Investors Pick WPX Energy (WPX) Stock Now?
    Zacks

    Should Value Investors Pick WPX Energy (WPX) Stock Now?

    Is WPX Energy (WPX) a great pick from the value investor's perspective right now? Read on to know more.

  • WPX Energy to Host May 7 Webcast
    Business Wire

    WPX Energy to Host May 7 Webcast

    CEO Rick Muncrief, COO Clay Gaspar and CFO Kevin Vann will discuss the company’s 1Q operations and financial performance.

  • A Rising Share Price Has Us Looking Closely At WPX Energy, Inc.'s (NYSE:WPX) P/E Ratio
    Simply Wall St.

    A Rising Share Price Has Us Looking Closely At WPX Energy, Inc.'s (NYSE:WPX) P/E Ratio

    Those holding WPX Energy (NYSE:WPX) shares must be pleased that the share price has rebounded 38% in the last thirty...

  • Are Options Traders Betting on a Big Move in WPX Stock?
    Zacks

    Are Options Traders Betting on a Big Move in WPX Stock?

    Investors need to pay close attention to WPX stock based on the movements in the options market lately.

  • WPX Energy (WPX) Catches Eye: Stock Jumps 8.3%
    Zacks

    WPX Energy (WPX) Catches Eye: Stock Jumps 8.3%

    WPX Energy (WPX) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

  • Why Is WPX (WPX) Down 63.4% Since Last Earnings Report?
    Zacks

    Why Is WPX (WPX) Down 63.4% Since Last Earnings Report?

    WPX (WPX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • WPX Energy Inc (WPX): Hedge Funds Sold Some, But Not Enough
    Insider Monkey

    WPX Energy Inc (WPX): Hedge Funds Sold Some, But Not Enough

    We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

  • Moody's

    WPX Energy, Inc. -- Moody's confirms WPX Energy's Ba3 CFR; stable outlook

    Moody's Investors Service (Moody's) confirmed WPX Energy, Inc.'s (WPX) Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating and B1 ratings on its senior unsecured notes. The Speculative Grade Liquidity (SGL) rating was downgraded to SGL-2 from SGL-1. "While the Felix Energy acquisition is credit positive for WPX Energy, the sharp decline in global oil and natural gas prices in March 2020 may more than offset the benefit to its scale from the Felix Energy acquisition," stated James Wilkins, Moody's Vice President - Senior Analyst.

  • A Sliding Share Price Has Us Looking At WPX Energy, Inc.'s (NYSE:WPX) P/E Ratio
    Simply Wall St.

    A Sliding Share Price Has Us Looking At WPX Energy, Inc.'s (NYSE:WPX) P/E Ratio

    Unfortunately for some shareholders, the WPX Energy (NYSE:WPX) share price has dived 76% in the last thirty days. And...

  • 3 Penny Stocks That Are Poised to Double Once Coronavirus Fears Fade
    TipRanks

    3 Penny Stocks That Are Poised to Double Once Coronavirus Fears Fade

    The market gyrations leave traders looking to get out, which reinforces the bear trends and deepens the drops, or looking for discount stocks that may offer solid returns for a low cost of entry. Which, when you think about it, brings penny stocks to mind.These are low-cost shares, usually in low-cap companies. Historically, these stocks were valued at less than a dollar, although today penny stocks are defined as selling for less than five dollars. The main attraction here is a consequence of the low share price: even a modest-seeming dollar gain per share can translate into a high-percentage return. We’ve used the TipRanks Stock Screener to find three penny stocks with Strong Buy consensus ratings and over 100% upside potential – in other words, stocks that are cheap to buy and are tapped to double – at least – in the coming year. Let's take a closer look. Nokia Corporation (NOK)The Nokia name is familiar; the company has been a well-known maker of cellular handsets for decades, and is famous in part for its 3310 ‘dumb phone,’ which even today boasts strong sales.As Nokia heads into the new year, it is also preparing for a changeover in management. CEO Rajeev Suri will step down this coming August, to be replaced by Pekka Lundmark of Fortum. While at Fortum, a Finnish energy company, Lundmark oversaw a 35% increase in share value. Suri will remain as an advisor to the Board until the end of the year.Nokia’s strong sales are clear from the Q4 2019 report. The company showed a 563 million Euro ($604 million US) profit, coming out to 10 Euro cents per share (or 10.7 cents US). This was triple the year-ago profit, and highlighted the company’s turnaround from 2018’s steep full-year loss of 549 million Euro ($589 million US). Full-year profit in 2019 came out at 18 million Euro ($19.34 million US).The company’s Networks segment drove the profit gains, for the quarter and the year. Nokia is a major player in developing 5G networks, as well as producing 5G capable handsets. The rollout of the new digital network tech is expected to bring a boon to the company as customers upgrade their mobile devices.Wall Street’s analysts are taking a positive stance on Nokia. In a report earlier this month, Deutsche Bank analyst Robert Sanders sees a clear path for Nokia to build its 5G future: “After the mis-steps of 2018 and 2019, we believe mid-band 5G deployments using C-band in the US starting at the end of 2021 will be an important feature of Nokia’s turnaround. The news over the weekend that the C-band spectrum auction should happen at the end of 2020 provides a target to focus minds at Nokia: be ready with a leading 5G hardware solution in Q1 2021 to recover lost confidence with tier-1 operators…”Sanders’ Buy rating on Nokia is support by his €4.50 ($4.85) price target, which suggests an upside of 91%. (To watch Sanders’ track record, click here)Echoing Sanders' view, UBS analyst David Mulholland is also bullish on NOK shares, placing a Buy rating alongside a €4.50 ($4.85) price target.In his comments on the stock, Mulholland says, “At this point we believe many of the initiatives underway at Nokia are necessary to help drive the business and we do expect to see progress this year however we also believe that a new CEO will help the investor / stock market discussion start focusing on the future driving Nokia forward instead of focusing on how the current challenges arose.” (To watch Mulholland’s track record, click here)Over the past three months, Nokia stock has received a 6 Buy ratings and just 1 Hold. As a result, the stock has a ‘Strong Buy’ analyst consensus rating. These analysts believe (on average) that Nokia has big upside potential of over 100% from the current share price. This would take the telecom equipment maker from $2.53 all the way to $5.27. (See Nokia stock analysis on TipRanks)Everi Holdings (EVRI)And now we move to a niche that usually drips money – casino gaming. Nevada-based Everi controls subsidiary companies that design, develop, and manufacture casino games for brick-and-mortar operations. The social distancing restrictions being put in place have hurt casino traffic and forced shutdowns, which in turn is weighing heavily on Everi stock.But there are signs that this stock has resources that may not be immediately visible. In recent months, the insider sentiment has skewed sharply positive, as company officers have been buying shares but not selling. Two notable purchases came earlier this week: Board of Directors members Eileen Raney and Maureen Mullarkey bought 20,000 and 10,000 shares respectively, for $120,000 and $60,000 dollars. Raney’s purchase was the largest single insider buy in the company’s history. More importantly, the two Directors were willing to pay $6 or more per share, while the stock is currently trading below $2.A look at Everi’s Q4 report, released earlier this month, may shed some light. EPS was slightly disappointing – it came in at just 2 cents per share compared to the forecast of 8 cents. At the same time, earnings were up significantly from one year ago, when the company lost 4 cents per share. Revenue was just strong. It grew 21% year-over-year, coming in at $145.18 million, and beat the forecast by 9%.Growing revenues provide Everi with a solid base to weather the current market storms. As for future prospects, the current restrictions will last forever – and when they are lifted, there will likely be strong pent-up demand for services and leisure. And Everi is well-placed to make additional gains should that occur.Wall Street in bullish on Everi. Writing for Craig-Hallum, 5-star analyst George Sutton says, “[T]he 35% pullback over the past few weeks appears to be quite opportunistic to us. Fundamentally, the company continues to see very strong premium games growth, nicely outpacing the industry and with a splurge of new products coming we see no signs of a slowdown… as we look further forward, the increased investment being made in the “integrated gaming neighborhood” area, including a mobile wallet, positions the company even better for the next leg of industry growth.”Sutton placed a Buy rating on EVRI shares, and his $16 price target, indicating a whopping 809% upside, shows the extent of his confidence. (To watch Sutton’s track record, click here)Barry Jonas, of SunTrust Robinson, noted of Everi, “…management did caution they believe operators will likely be cautious in the near-term as they allocate capital given the macro uncertainty. That said, 1) early year caution is consistent with purchasing patterns over the past several years, and 2) EVRI does benefit from strong diversification across the US should the Strip/certain regional markets experience a more pronounced decline in casino visitation related to the outbreak.”Jonas remains bullish, with his Buy rating also supported by a $16 price target. (To watch Jonas’ track record, click here)EVRI shares have a Strong Buy consensus rating, based on 3 unanimous Buy-side reviews. Shares are priced low, at just $1.65, while the $15 average price target suggests room for an impressive 750% upside potential. (See Everi stock analysis on TipRanks)WPX Energy (WPX)From casino games, we shift gears to the energy industry. WPX holds oil exploration and production assets in two of the richest petroleum formations in North America: the Williston Basin of North Dakota and the Permian Basin of West Texas. The company operates over 700 wells, which tap into proven reserves exceeding 480 million barrels of oil equivalent. And with a share price of just $2.11, the black gold has never been more affordable.Low oil prices have weighed on WPX’s earnings in recent months, and the company reported an EPS miss in Q4. The 10-cents per share reported was 16% below expectation. Revenues also disappointed, as the $443 million figure missed the forecast by 30% and slipped 18% yoy.In a move to balance the long-term view that oil will remain low, WPX announced earlier this week that it will reduce its capex in 2020 by almost 25%. In dollar terms, the company expects capital expenditures in the $1,275 to $1,400 million range, down from the previous guidance of $1,675 to $1,800 range. With WTI down to just $22 per barrel, and Brent at $25, there was really no way for the company to avoid cuts in expenditures – production simply cannot be ramped up enough to compensate for current prices.In a report for Wells Fargo, analyst Nitin Kumar writes, “With the stock trading at a significant discount to peers… we see a favorable risk-reward profile. There are some near term headwinds… but long term … WPX [should] deliver on its 5 year vision to deliver return metrics that are competitive with the broader market…” Kumar’s $12 price target implies a hefty upside of 468%, and back up his Buy rating.WPX has an average price target of $12.67, indicating room for a 423% upside potential. The stock’s Strong Buy consensus rating is based on 9 reviews, including 7 Buy-side and just 2 Holds. (See WPX stock analysis on TipRanks)

  • WPX Energy Cuts Spending by $400M to Preserve Liquidity
    Zacks

    WPX Energy Cuts Spending by $400M to Preserve Liquidity

    WPX Energy (WPX) like other oil and gas companies has decided to cut down its capital expenditure by $400 million to preserve liquidity amid falling oil prices.

  • WPX Reducing Activity and Maintaining Free Cash Flow
    Business Wire

    WPX Reducing Activity and Maintaining Free Cash Flow

    WPX Energy (NYSE:WPX) is cutting $400 million from its 2020 capital budget, with the flexibility to cut further.

  • Stock market rout doubles pain for energy firms that took shares for deals
    Reuters

    Stock market rout doubles pain for energy firms that took shares for deals

    EnCap's big payday, 153 million WPX shares valued at $1.6 billion plus $900 million in cash, proved short-lived as convulsing oil and stock markets knocked nearly two-thirds off the value of WPX shares within days of the closing. Shale companies and their investors have been divesting operations to raise cash for several years, often plowing the proceeds into drilling and share buybacks. Many already are reeling from oil prices that last week fell the most in a decade, to about $31 a barrel, and falling demand from an global economy weakened by the coronavirus.

  • Energy outlook after oil rebounds from worst loss since 1991
    Yahoo Finance Video

    Energy outlook after oil rebounds from worst loss since 1991

    President of Pacer ETFs Sean O’Hara joins Yahoo Finance’s Seana Smith on The Ticker to discuss the energy sector, after oil prices lost a fifth of their value yesterday.

  • Here comes the energy bust, a sequel to the wipeout five years ago
    MarketWatch

    Here comes the energy bust, a sequel to the wipeout five years ago

    More than 100 North American energy companies filed for bankruptcy protection in 2015-2016 — expect more of the same.