Wpx Energy Inc (NYSE:WPX) Can’t Be Less Risky. Short Interest Decreased

July 16, 2018 - By Pearl Odom

WPX Energy, Inc. (NYSE:WPX) Logo

Investors sentiment decreased to 0.92 in 2018 Q1. Its down 0.12, from 1.04 in 2017Q4. It worsened, as 38 investors sold WPX Energy, Inc. shares while 108 reduced holdings. 53 funds opened positions while 81 raised stakes. 382.86 million shares or 0.27% more from 381.83 million shares in 2017Q4 were reported.
Hodges Mgmt Inc invested in 1.22% or 1.05 million shares. Hsbc Holdings Pcl invested in 42,145 shares. 723 are owned by Gemmer Asset Ltd Company. Comerica Commercial Bank stated it has 363,982 shares. Van Eck Associates Corp has invested 0.01% in WPX Energy, Inc. (NYSE:WPX). Signaturefd Ltd Liability Corporation owns 0% invested in WPX Energy, Inc. (NYSE:WPX) for 1,150 shares. Covington Cap Mgmt holds 5,233 shares or 0.01% of its portfolio. Federated Investors Incorporated Pa owns 0.02% invested in WPX Energy, Inc. (NYSE:WPX) for 399,884 shares. First Quadrant L P Ca reported 0% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Highlander Management Lc accumulated 5,111 shares. Ontario – Canada-based Royal Comml Bank Of Canada has invested 0% in WPX Energy, Inc. (NYSE:WPX). Bnp Paribas Arbitrage Sa, a New York-based fund reported 26,791 shares. 1,684 are held by Regions Corporation. Avalon Ltd has invested 0.02% in WPX Energy, Inc. (NYSE:WPX). Southport Management Lc holds 80,000 shares.

Since May 7, 2018, it had 0 insider buys, and 5 selling transactions for $2.52 million activity. 55,000 shares were sold by Gaspar Clay M, worth $991,650. FAULKNER STEPHEN L JR sold $152,871 worth of WPX Energy, Inc. (NYSE:WPX) on Wednesday, May 9. CAMERON DENNIS C had sold 10,000 shares worth $181,900. Shares for $921,650 were sold by GUDERIAN BRYAN K.

The stock of Wpx Energy Inc (NYSE:WPX) registered a decrease of 3.1% in short interest. WPX’s total short interest was 35.81M shares in July as published by FINRA. Its down 3.1% from 36.96 million shares, reported previously. With 8.44M shares average volume, it will take short sellers 4 days to cover their WPX’s short positions. The short interest to Wpx Energy Inc’s float is 9.07%.

The stock decreased 1.71% or $0.32 during the last trading session, reaching $18.42. About 3.17M shares traded. WPX Energy, Inc. (NYSE:WPX) has risen 49.36% since July 16, 2017 and is uptrending. It has outperformed by 36.79% the S&P500.

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 has market cap of $7.36 billion. The companyÂ’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. It currently has negative earnings. As of December 31, 2016, it had proved reserves of 346 million barrels of oil equivalent.

WPX Energy, Inc. (NYSE:WPX) Ratings Coverage

Among 20 analysts covering WPX Energy (NYSE:WPX), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. WPX Energy had 27 analyst reports since January 17, 2018 according to SRatingsIntel. Bank of America maintained the shares of WPX in report on Thursday, March 8 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Wednesday, June 20 with “Buy”. Cowen & Co maintained WPX Energy, Inc. (NYSE:WPX) rating on Thursday, January 18. Cowen & Co has “Buy” rating and $18.0 target. The stock has “Buy” rating by Piper Jaffray on Wednesday, April 18. The rating was initiated by FBR Capital on Monday, February 5 with “Buy”. The firm has “Buy” rating by Susquehanna given on Wednesday, January 17. The firm has “Overweight” rating given on Wednesday, May 23 by JP Morgan. BMO Capital Markets maintained WPX Energy, Inc. (NYSE:WPX) on Monday, February 26 with “Buy” rating. The stock of WPX Energy, Inc. (NYSE:WPX) has “Buy” rating given on Monday, January 29 by Stifel Nicolaus. Susquehanna maintained the stock with “Buy” rating in Monday, March 5 report.

Another recent and important WPX Energy, Inc. (NYSE:WPX) news was published by Seekingalpha.com which published an article titled: “WPX Energy Largely Insulated From Widening Differentials” on June 26, 2018.

WPX Energy, Inc. (NYSE:WPX) Institutional Positions Chart

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