WPX Energy Inc (WPX) Holdings Lifted by Mesirow Financial Investment Management Equity Management
Mesirow Financial Investment Management Equity Management raised its stake in shares of WPX Energy Inc (NYSE:WPX) by 525.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 590,925 shares of the oil and gas producer’s stock after purchasing an additional 496,435 shares during the quarter. Mesirow Financial Investment Management Equity Management owned about 0.14% of WPX Energy worth $6,707,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of WPX. CIBC Private Wealth Group LLC purchased a new position in WPX Energy during the fourth quarter valued at $15,349,000. Pinnacle Associates Ltd. purchased a new position in shares of WPX Energy in the fourth quarter worth about $241,000. Hartford Financial Management Inc. lifted its stake in shares of WPX Energy by 13.3% in the fourth quarter. Hartford Financial Management Inc. now owns 6,800 shares of the oil and gas producer’s stock worth $77,000 after buying an additional 800 shares in the last quarter. Creative Planning lifted its stake in shares of WPX Energy by 16.8% in the fourth quarter. Creative Planning now owns 22,240 shares of the oil and gas producer’s stock worth $252,000 after buying an additional 3,203 shares in the last quarter. Finally, Dupont Capital Management Corp purchased a new position in shares of WPX Energy in the fourth quarter worth about $406,000. Institutional investors and hedge funds own 94.75% of the company’s stock.
Shares of WPX stock opened at $12.17 on Tuesday. The company has a current ratio of 0.51, a quick ratio of 0.47 and a debt-to-equity ratio of 0.57. WPX Energy Inc has a 12 month low of $9.89 and a 12 month high of $20.80. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of -28.98, a PEG ratio of 0.87 and a beta of 2.23.
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WPX Energy Company Profile
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'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.
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