WPX Energy, Inc. (WPX) Insiders Parting With More Shares

The insider sell/buy ratio of WPX Energy, Inc. (NYSE:WPX) is recorded at 3, pointing to bearish feelings about the stock among corporate executives and directors. WPX recorded 3 sales on the open market in the last three months. They sold nearly 38,398 shares while purchases amounted to zero shares that period. Looking even further back to 12 months, corporate insiders offloaded 606,940 shares when buyers snapped up 514,882 shares. The 12-month’s totals signify about a 1.18-to-1 sell/buy ratio.

Lowrie William G parted with a total of 0 thousand shares of WPX Energy, Inc. (WPX) at average share price of $16.06. This insider trade in the company took place on 11/08/2018. The total for the sales was set at $0.02 thousand. After this transaction, the Director account balance stood at 268.43 thousand shares. The stock lost -19.99 percent since that insider sale. On 05/16/2018, Cameron Dennis C, SVP and General Counsel, sold 10 thousand shares at a price per share of $18.19. This removed 181.9 thousand shares from the insider’s fortune and the stock saw a -29.36 percent retreat in value since the news became public. This transaction left 173.9 thousand shares in the SVP and General Counsel account.

On 05/10/2018, EVP Business Development Guderian Bryan K performed a sale transaction worth $921.5 thousand. This sale at $18.43 each has eliminated 50 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -30.28 percent decrease since the transaction was reported. The insider now is left with 261.37 thousand shares remaining in the account. Faulkner Stephen L Jr, who performs the VP Controller and CAO job, sold 8.1 thousand shares for $152.85 thousand. The disposal occurred on 05/09/2018 was priced at $18.87 per share. The share price plunged -31.9 percent since the reporting date. Faulkner Stephen L Jr now left with a stake of 47.48 thousand WPX stock worth $610.12 thousand after the insider selling.

The 12-month median price target for WPX Energy, Inc. (WPX) assigned by the analysts stands at $20, which represents a return potential of 55.64 percent when compared to the closing price of the stock of $12.85 on Friday, January 11. The lowest price target for the stock is $11 — slightly more than -14.4 percent from WPX’s current share price. The stock will probably climb 64.98 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $28-month high price target. This represents a whopping 117.9 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 53.28 on daily chart, which may remain a cause for concern. If the price breaks below $12.53 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $13.02 mark may result into a pull-back move towards $13.19 level. The stock is currently hovering around the first support level of $12.69. Below this, the next support is placed in the zone of $12.53. Till the time, the WPX stock trades above this level, bulls have nothing to fear.

Shares of WPX Energy, Inc. (WPX) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry WPX operates in has an average P/E of 16.71. Its P/E ratio went as low as 9.64X and as high as 9.64 over the 5-year span. Further, it is sporting a 3.63 on the Price-to-Sales ratio. Compare this with the industry average P/S of 99.8. 89.1 percent is the gross profit margin for WPX Energy, Inc. and operating margin sits at -11.2 percent. Along with this, the net profit margin is -16.6 percent.

On 11th of January, WPX Energy, Inc. (NYSE:WPX) shares ended lower after a volatile session. The shares dropped -0.33 points or -2.5 percent at $12.85 with a heavy trade volume of 7.415 million shares. After opening the session at $12.98, the shares went as high as $13.03 and as low as $12.7, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $5.54 billion and now has 431.09 million shares outstanding. WPX Energy, Inc. (WPX) stock has gained 2.31 percent of market value in 21 trading days.

WPX stock has a trailing 3-year beta of 2.39, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$0.62 a share in the trailing twelve months. The stock’s value has surged 13.22 percent year to date (YTD) against a decline of -10.76 percent in 12 month’s time. The company’s shares still trade -38.22 percent away from its 1-year high of $20.80 and 29.93 percent up from 52-week low of $9.89. The average consensus rating on the company is 1.6, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.