Stock under Consideration: WPX Energy Inc. (NYSE: WPX)

Kristian Marshall

I am Kristian Marshall I give “News Perception” an insight into the most recent news hitting the “Basic Materials” sector in Wall Street.

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community.

Address: 2853 Howard Street Ionia, MI 48846, USA
Phone: (+1) 616-522-4280
Email: Kristianmarshall@newsperception.com
Kristian Marshall

TULSA, Okla., October 27, 2019 – Shares of WPX Energy Inc. (NYSE: WPX) gained 0.80% to $10.11. The stock traded total volume of 7.606M shares lower than the average volume of 9.02M shares.

WPX Energy Inc. (WPX) reported a loss of $48.0M in its first quarter. The Tulsa, Oklahoma-based company said it had a loss of 11 cents per share. Earnings, adjusted for non-recurring costs, were 5 cents per share. The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. The independent oil and Gas Company posted revenue of $359.0M in the period, falling short of Street forecasts. Twelve analysts surveyed by Zacks expected $549.10M.

WPX has the market capitalization of $4.40B and its EPS growth ratio for the past five years was 16.00%. The return on assets ratio of the Company was 7.30% while its return on investment ratio stands at 6.00%. Price to sales ratio was 1.72 while 99.70% of the stock was owned by institutional investors.

Kristian Marshall

Kristian Marshall

I am Kristian Marshall I give “News Perception” an insight into the most recent news hitting the “Basic Materials” sector in Wall Street. I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2853 Howard Street Ionia, MI 48846, USA Phone: (+1) 616-522-4280 Email: Kristianmarshall@newsperception.com

Leave a Reply

Your email address will not be published. Required fields are marked *