WPX Energy Inc (WPX) Position Lessened by Caymus Capital Partners L.P.

Caymus Capital Partners L.P. reduced its stake in shares of WPX Energy Inc (NYSE:WPX) by 17.4% in the 3rd quarter, Holdings Channel reports. The firm owned 2,130,913 shares of the oil and gas producer’s stock after selling 449,187 shares during the quarter. WPX Energy makes up 7.2% of Caymus Capital Partners L.P.’s portfolio, making the stock its 7th largest position. Caymus Capital Partners L.P.’s holdings in WPX Energy were worth $42,874,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Nisa Investment Advisors LLC raised its position in shares of WPX Energy by 10.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 31,760 shares of the oil and gas producer’s stock worth $639,000 after purchasing an additional 3,060 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in shares of WPX Energy by 18.6% during the 2nd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 19,864 shares of the oil and gas producer’s stock worth $358,000 after purchasing an additional 3,111 shares during the last quarter. Aperio Group LLC raised its position in shares of WPX Energy by 3.8% during the 2nd quarter. Aperio Group LLC now owns 92,485 shares of the oil and gas producer’s stock worth $1,668,000 after purchasing an additional 3,361 shares during the last quarter. Cornerstone Wealth Management LLC acquired a new position in shares of WPX Energy during the 2nd quarter worth approximately $206,000. Finally, Swiss National Bank grew its stake in WPX Energy by 0.6% in the 3rd quarter. Swiss National Bank now owns 697,100 shares of the oil and gas producer’s stock worth $14,026,000 after acquiring an additional 4,400 shares during the period. Hedge funds and other institutional investors own 94.57% of the company’s stock.

Several research firms have commented on WPX. Stifel Nicolaus reaffirmed a “buy” rating and issued a $26.00 target price on shares of WPX Energy in a research note on Thursday, August 30th. Bank of America lifted their target price on shares of WPX Energy from $27.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Robert W. Baird reaffirmed a “buy” rating and issued a $25.00 target price on shares of WPX Energy in a research note on Wednesday, August 1st. Goldman Sachs Group cut shares of WPX Energy from a “buy” rating to a “neutral” rating and set a $21.00 target price for the company. in a research note on Friday, August 3rd. Finally, ValuEngine cut shares of WPX Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. Two investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the stock. WPX Energy has a consensus rating of “Buy” and a consensus target price of $22.93.

Shares of NYSE WPX opened at $13.25 on Friday. WPX Energy Inc has a 52-week low of $11.91 and a 52-week high of $20.80. The firm has a market cap of $5.72 billion, a PE ratio of -31.55 and a beta of 2.34. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.51 and a quick ratio of 0.47.

WPX Energy (NYSE:WPX) last announced its quarterly earnings data on Wednesday, October 31st. The oil and gas producer reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.02). WPX Energy had a negative net margin of 15.79% and a positive return on equity of 0.76%. The company had revenue of $484.00 million for the quarter, compared to analysts’ expectations of $514.08 million. During the same period in the prior year, the firm earned ($0.10) earnings per share. The firm’s quarterly revenue was up 233.8% on a year-over-year basis. As a group, sell-side analysts expect that WPX Energy Inc will post 0.18 EPS for the current fiscal year.

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

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