Russell Investments Group Ltd. decreased its position in shares of WPX Energy Inc (NYSE:WPX) by 16.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 339,785 shares of the oil and gas producer’s stock after selling 65,132 shares during the quarter. Russell Investments Group Ltd. owned about 0.09% of WPX Energy worth $3,908,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in WPX Energy by 1.2% in the second quarter. Vanguard Group Inc. now owns 33,553,898 shares of the oil and gas producer’s stock worth $324,132,000 after purchasing an additional 412,663 shares during the period. BlackRock Inc. lifted its holdings in WPX Energy by 0.6% in the second quarter. BlackRock Inc. now owns 32,391,197 shares of the oil and gas producer’s stock worth $312,901,000 after purchasing an additional 188,749 shares during the period. State Street Corp lifted its holdings in WPX Energy by 9.5% in the second quarter. State Street Corp now owns 14,691,763 shares of the oil and gas producer’s stock worth $141,921,000 after purchasing an additional 1,272,719 shares during the period. FMR LLC lifted its holdings in WPX Energy by 22.1% in the second quarter. FMR LLC now owns 12,390,649 shares of the oil and gas producer’s stock worth $119,693,000 after purchasing an additional 2,244,508 shares during the period. Finally, Shapiro Capital Management LLC lifted its holdings in WPX Energy by 1.5% in the second quarter. Shapiro Capital Management LLC now owns 12,297,864 shares of the oil and gas producer’s stock worth $118,797,000 after purchasing an additional 177,625 shares during the period. 99.81% of the stock is owned by institutional investors.

Shares of WPX Energy Inc (NYSE WPX) traded up $0.11 during trading on Friday, reaching $12.60. 9,476,508 shares of the company’s stock traded hands, compared to its average volume of 5,114,194. The company has a current ratio of 1.02, a quick ratio of 0.95 and a debt-to-equity ratio of 0.73. WPX Energy Inc has a 12-month low of $8.39 and a 12-month high of $15.44.

WPX Energy (NYSE:WPX) last issued its quarterly earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.02. WPX Energy had a negative net margin of 12.65% and a negative return on equity of 5.20%. The firm had revenue of $224.00 million for the quarter, compared to analysts’ expectations of $334.38 million. During the same period in the previous year, the business earned ($0.17) earnings per share. WPX Energy’s revenue for the quarter was down 10.8% compared to the same quarter last year. analysts predict that WPX Energy Inc will post -0.46 earnings per share for the current year.

Several equities research analysts recently weighed in on WPX shares. Stifel Nicolaus set a $19.00 price objective on shares of WPX Energy and gave the stock a “buy” rating in a report on Thursday, October 26th. Citigroup raised shares of WPX Energy from a “neutral” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Thursday, November 16th. BidaskClub raised shares of WPX Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a $17.00 price objective (up previously from $16.00) on shares of WPX Energy in a report on Thursday, August 24th. Finally, SunTrust Banks set a $14.00 price objective on shares of WPX Energy and gave the stock a “buy” rating in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and seventeen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $15.61.

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WPX Energy Company Profile

WPX Energy, Inc is an oil and natural gas exploration and production company. The Company is engaged in the exploitation and development of unconventional properties. It operates in the exploration and production segment of the oil and gas industry and its operations are conducted in the United States.

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Institutional Ownership by Quarter for WPX Energy (NYSE:WPX)

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