WPX Energy, Inc. (NYSE:WPX) marched up 8.38% compared to a 52-week low price of $9.78. The shares were last seen trading 5.89% higher, taking the closing price at $10.6 on 7/30/2019. At a recent session, the prices were hovering between $9.92 and $10.69. This company shares are 67.83% off its target price of $17.79 and the current market capitalization stands at $4.57B. The recent change has given its price a -3.35% deficit over SMA 50 and -49.04% deficit over its 52-week high. The stock witnessed -7.91% declines, -23.69% declines and -12.76% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WPX’s volatility during a week at 4.76% and during a month it has been found around 3.84%.

What Does WPX Energy, Inc. (WPX) Do?

The company describes itself in regulatory filings as, “WPX Energy, Inc. engages in the development and exploration of oil, natural gas liquid, and gas properties. Its basin portfolio includes Delaware, Williston and San Juan. The company was founded on April 19, 2011 and is headquartered in Tulsa, OK.” [Text can be found here: https://www.marketwatch.com/investing/stock/WPX/profile under company description.]

WPX Energy, Inc. (WPX) Top Holders

Institutional investors currently hold around $4.18 billion or 99.7% in WPX stock. Look at its top three institutional owners: Vanguard Group Inc owns $384.66 million in WPX Energy, Inc., which represents roughly 8.42% of the company’s market cap and approximately 9.21% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 36,765,156 shares of the stock are valued at $368.02 million. The third largest holder is Blackrock Inc., which currently holds $352.33 million worth of this stock and that ownership represents nearly 7.71% of its market capitalization.

WPX Energy, Inc. 13F Filings

At the end of March reporting period, 206 institutional holders increased their position in WPX Energy, Inc. (NYSE:WPX) by some 46,517,456 shares, 171 decreased positions by 39,870,801 and 93 held positions by 330,898,471. That puts total institutional holdings at 417,286,728 shares, according to SEC filings. The stock grabbed 56 new institutional investments totaling 13,596,105 shares while 48 institutional investors sold out their entire positions totaling 6,363,967 shares.

WPX Energy, Inc. (NYSE:WPX) Insider Trades

Multiple company employees have indulged in significant insider trading. WPX Energy, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President and COO Gaspar Clay M has acquired 50 shares of WPX Energy, Inc. (WPX) in the trading session dated Jan. 08, 2019. These shares are worth $646 and were traded at $12.92 each. The SEC filing shows that LOWRIE WILLIAM G performed a sale of 1 shares. The Director disposed these shares by way of transaction on Nov. 08, 2018. The company’s shares were given away at $16.06 per share worth to an income of some $16 to the account of LOWRIE WILLIAM G.

SVP and General Counsel, CAMERON DENNIS C, sold 10,000 common shares of WPX Energy, Inc. (WPX) in the open market. In a transaction dated May. 16, 2018, the shares were put up for sale at an average price of $18.19, raking in a sum of $181,900. After this sale, 173,904 common shares of WPX are directly owned by the insider, with total stake valued at $1,843,382.

In the transaction dated May. 10, 2018, a great number of shares sold came courtesy the EVP Business Development; GUDERIAN BRYAN K disposed a total of 50,000 shares at an average price of $18.43, amounting to approximately $921,500. The insider now directly owns 261,371 shares worth $2,770,533.

WPX Energy, Inc. (WPX) Analyst Guide

Several analysts have released their opinion on WPX Energy, Inc. (NYSE:WPX), with 14 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 18 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.65 average brokerage recommendation [T1].