AGF Investments Inc. lowered its position in WPX Energy Inc (NYSE:WPX) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,386,001 shares of the oil and gas producer’s stock after selling 33,496 shares during the period. AGF Investments Inc.’s holdings in WPX Energy were worth $19,501,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in WPX. Cerebellum GP LLC acquired a new stake in shares of WPX Energy during the 4th quarter valued at approximately $130,000. Commonwealth Equity Services Inc acquired a new stake in shares of WPX Energy during the 3rd quarter valued at approximately $137,000. CIBC Asset Management Inc acquired a new stake in shares of WPX Energy during the 3rd quarter valued at approximately $159,000. ZWJ Investment Counsel Inc. acquired a new stake in shares of WPX Energy during the 3rd quarter valued at approximately $171,000. Finally, Quantitative Systematic Strategies LLC acquired a new stake in shares of WPX Energy during the 4th quarter valued at approximately $246,000. Hedge funds and other institutional investors own 99.89% of the company’s stock.

WPX Energy Inc (NYSE:WPX) opened at $13.21 on Wednesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.95 and a current ratio of 1.02. WPX Energy Inc has a 12 month low of $8.39 and a 12 month high of $16.09. The firm has a market cap of $5,168.08, a P/E ratio of -27.52, a PEG ratio of 11.71 and a beta of 2.48.

A number of research firms have recently issued reports on WPX. Robert W. Baird lifted their price target on shares of WPX Energy from $15.00 to $17.00 and gave the company an “outperform” rating in a research report on Monday, December 18th. Deutsche Bank began coverage on shares of WPX Energy in a research report on Thursday, February 1st. They set a “buy” rating and a $19.00 price target for the company. B. Riley began coverage on shares of WPX Energy in a research report on Monday, February 5th. They set a “buy” rating and a $20.00 price target for the company. Zacks Investment Research downgraded shares of WPX Energy from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. Finally, Stifel Nicolaus set a $27.00 price target on shares of WPX Energy and gave the company a “buy” rating in a research report on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. WPX Energy presently has a consensus rating of “Buy” and an average price target of $17.45.

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About WPX Energy

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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