BlueCrest Capital Management Ltd decreased its stake in shares of WPX Energy (NYSE:WPX) by 72.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,228 shares of the oil and gas producer’s stock after selling 32,224 shares during the period. BlueCrest Capital Management Ltd’s holdings in WPX Energy were worth $172,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Thrivent Financial For Lutherans increased its position in WPX Energy by 0.5% during the fourth quarter. Thrivent Financial For Lutherans now owns 3,850,562 shares of the oil and gas producer’s stock worth $54,178,000 after purchasing an additional 17,269 shares during the last quarter. MANA Advisors LLC acquired a new position in WPX Energy during the fourth quarter worth approximately $1,314,000. Centenus Global Management LP acquired a new position in WPX Energy during the fourth quarter worth approximately $5,079,000. Cove Street Capital LLC increased its position in WPX Energy by 5.4% during the fourth quarter. Cove Street Capital LLC now owns 1,484,487 shares of the oil and gas producer’s stock worth $20,887,000 after purchasing an additional 76,385 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. acquired a new position in WPX Energy during the fourth quarter worth approximately $114,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

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Several brokerages recently commented on WPX. Johnson Rice began coverage on shares of WPX Energy in a research report on Wednesday. They set a “buy” rating and a $23.00 price target for the company. 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. Robert W. Baird upped their price target on shares of WPX Energy from $15.00 to $17.00 and gave the stock an “outperform” rating in a research report on Monday, December 18th. 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. Finally, Stifel Nicolaus set a $27.00 price objective on shares of WPX Energy and gave the stock a “buy” rating in a research note on Monday, February 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $18.34.

WPX Energy stock opened at $14.85 on Thursday. The firm has a market cap of $5,395.67, a price-to-earnings ratio of -185.60 and a beta of 2.41. The company has a quick ratio of 0.71, a current ratio of 0.76 and a debt-to-equity ratio of 0.66. WPX Energy has a 52 week low of $8.39 and a 52 week high of $16.09.

WPX Energy (NYSE:WPX) last announced its earnings results on Wednesday, February 21st. The oil and gas producer reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.06. The business had revenue of $238.00 million during the quarter, compared to the consensus estimate of $410.78 million. WPX Energy had a negative net margin of 1.20% and a negative return on equity of 3.83%. The business’s quarterly revenue was up 170.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.16) earnings per share. analysts anticipate that WPX Energy will post 0.03 EPS for the current fiscal year.

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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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