WPX - WPX Energy, Inc.

Ok just found more info

WPX Energy Reports 1Q 2016 Results: Increasing EURs for Delaware and Williston Wells
http://finance.yahoo.com/news/wpx-energy-reports-1q-2016-201500502.html

 

Volume is low in pre-market that is the norm for WPX but it looks like it is ready to rocket out the gate.

 

That must have been a fat finger trade in Pre-market or MM induced. WPX missed yesterday but the forecast was good and flying this morning on a oil pop.

 

Thanks for the info Ciao. The $11 was my target back in April and I still stand by that with oil's cooperation. I agree with their 11 to 13 target and looking at a 2 year chart I give it a $27 target in the long term. This is trade #7 for me on WPX and I am thinking of going long but when it is high above the upper BB I will take some profits...Decisions

 

Decision made: I will continue my swing trades on WPX and build a long position as well. As the price fluctuates with oil, I will buy the pullbacks. As oil is down right now I am looking at 8.62 but may adjust the price nears. This will be done through support and percentages.

 

Order filled and leveraged from a lower buy

 

Bought more WPX @8.15 on oil drop, fire and Saudia Arabia. Have an order in for 7.67 in case this gets driven down harder

 

I never needed to go lower than my 8.15 fill. I looking for a $10 exit or so but will need a continued oil uptrend

 

WPX is usually up or down with oil but today with oil and the markets down WPX is up decently as I get closer to my exit point

 

WPX is getting close to break $10. I have a exit price set at 10.25 but may adjust

 

I am not sure I would have changed my exit price but I only had my cell that made it difficult to see the whole picture. Even with the meltdown WPX closed with a 11 cent gain. Providing oil agrees and a favorable market I think my 10.25 exit price should hit.

 

It appears that oil is off it's lows and climbing some but still negative. That is enough for WPX to turn up @9.74 and up .15

 

Looking good considering oil is down slightly. I need oil to turn up a little to take some profits



Two Movers Inside Analysts Radar: Kinross Gold Corporation (NYSE:KGC) , WPX Energy, Inc. (NYSE:WPX)
WPX Energy, Inc. (NYSE:WPX) showed bullish move with gain of +1.67% after exchanging volume of 11.34 million shares in last trading session ended on 5/19/2016. The company recent traded volume was lower than its average volume of 12.6 million shares. WPX Energy, Inc. has EPS ratio of -7.22. The stock has a consensus analyst price target of $11.15for twelve month. The company finished it is trading at $9.75.

During the 52-week period, the peak price level of the share was observed at $14.02; this is higher price of share and down price level of the share was seen at $2.53; this is lower price at which share is traded.

The company has shown climb of 8.09 % in past 5 days with YTD performance of 69.86 % and 3-month performance up 143.75 %. The beta value is 2.16.

WPX Energy’s (WPX) board of directors has accepted a quarterly dividend of $0.78125 per share to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock.

The dividend is payable on Aug. 1, 2016, to holders of record of the company’s preferred stock at the close of business on July 15, 2016.

What Analysts Say about this WPX Energy, Inc.:

The stock has received rating from many Reuters analysts. Currently shares have been rated as “Buy” from 4 Analysts. 1 Analyst has suggested “Sell” for the company. 8 Analysts have rated the company as a strong “Hold”. Underperform rating was given by 1 Analysts and Outperform rating was given by 11 Analysts.
http://www.streetupdates.com/2016/05/20/gold-corporation-nysekgc-wpx-energy-inc-nysewpx/

 

I have changed my near term target on WPX from $10.25 to 10.36 and there is a little bit of a cup handle that has formed as it trades above the 50 and 200DMA.

 

Running strong this morning I got a little bit more than anticipated