Today, a Director at WPX Energy (WPX), William Lowrie, sold shares of WPX for $16.
This is Lowrie’s first Sell trade following 9 Buy transactions. Following William Lowrie’s last WPX Sell transaction on January 17, 2017, the stock climbed by 1.5%.
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Based on WPX Energy’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $623 million and GAAP net loss of $7 million. In comparison, last year the company earned revenue of $330 million and had a GAAP net loss of $146 million. Currently, WPX Energy has an average volume of 5.62M.
Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $25.90, reflecting a 71.4% upside.
William Lowrie’s trades have generated a 6.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
