WPX Energy Inc (WPX) 銘柄情報

JUST IN: $WPX Is an Oil Stock Merger Wave Coming?

The beaten-down oil patch hasn't had much good news of late. However, that changed earlier this week when Devon Energy (NYSE: DVN) and WPX Energy (NYSE: WPX) revealed that they would combine in a merger of equals . That news jolted t...

Find out more WPX - Is an Oil Stock Merger Wave Coming?

* * $WPX Video Chart 09-29-2020 * *

Link to Video - click here to watch the technical chart video

* * $WPX Video Chart 09-28-2020 * *

Link to Video - click here to watch the technical chart video

Again is anybody on this chat?

What the heck is going on with this stock?? Everyday it’s going down

Is anybody on the message board??

Why is this going down?

So anybody have long range outlook for this stock? Seems it took a beating during Covid and it went down a little before it started. Looking at the Q it seems they have tried to remedy the issue. Is this going back up to $15?

News: WPX Energy Announces $500M Debt Offering




https://seekingalpha.com/news/3579962-wpx-energy-announces-500m-debt-offering

Q1 Earnings & Revenue Surpassed Expectations

https://finance.yahoo.com/news/does-wpx-energys-nyse-wpx-174137290.html

32% Gain in Last MONTH

But still down 56% over the last quarter, so plenty of room to move up!

https://finance.yahoo.com/news/does-wpx-energys-nyse-wpx-174137290.html

WPX Energy average price target of $13.18

Price Target currently above thirteen dollars per share

WPX Energy Shares Bought by UBS Group AG

UBS Group AG raised its position in WPX Energy Inc (NYSE:WPX) by 25.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission.

https://theenterpriseleader.com/2020/06/01/wpx-energy-inc-nysewpx-shares-bought-by-ubs-group-ag.html

* * $WPX Video Chart 04-02-2020 * *

Link to Video - click here to watch the technical chart video

News: $WPX Why WPX Energy's Stock Is Surging Today

Shares of WPX Energy (NYSE: WPX) rallied more than 10% by 2 p.m. EST on Monday. Fueling the energy stock was its plan to acquire privately held Felix Energy as well as initiate a dividend . WPX Energy sealed a deal to buy Felix Energy from the private equity company that founded it for ...

Got this from WPX - Why WPX Energy's Stock Is Surging Today

News: $WPX WPX Energy Accelerates 5-Year Vision with Opportunistic Transaction

Initiating Dividend in Conjunction With Accretive Felix Acquisition Transaction is accretive on all important metrics: EPS, CFPS, FCF per share, ROCE and NAV Felix production stream of 70% oil enhances WPX’s margins and oily inventory De-risked acquisition creates ...

Find out more WPX - WPX Energy Accelerates 5-Year Vision with Opportunistic Transaction

$WPX bears are running Wpx Energy Inc Nyse Wpx Short Squeeze

News: $WPX Why U.S. Oil Stocks Are Going Ballistic Today

Drone attacks struck a blow to the heart of Saudi Arabia's oil infrastructure over the weekend. The damaging hit to the world's largest oil processing facility and a major oil field caused the country to temporarily shut down half of its daily crude oil production. It's the largest disruption to...

In case you are interested WPX - Why U.S. Oil Stocks Are Going Ballistic Today

Thank you!

Why? Multiple reasons...and it's the same for all E&P companies not just WPX. 1) price of crude since late 2014 has been seriously throttled back. 2) some investors expected WPX's capex spending to be pulled back a bit In the second half of 2019 but the company said it's full speed ahead on spending 3) some of their leases are in New Mexico and North Dakota. The Permian extends into New Mexico but NM has a new Governor (democrat) and she hates O & G and is doing everything possible to shut the industry down in that state. North Dakota is a much more oil friendly state but the Bakken wells are deeper and the costs to get it out of the ground are much higher and then the oil has to be shipped by rail to south Texas refineries 4) the Permian Basin has choke points due to insufficient pipeline capacity to the refineries down south. New pipelines are coming on-line soon that will relieve that situation but until then Permian producers have to sell oil at a discount. 5) Its mid-August and the summer driving season is on the downhill side of the demand. I'm seeing the price of gas go much lower in my area.

I say all this not to discourage an investment in WPX because I do like their share buy-back plans over the coming months. Maybe WPX is on sale at the current pps..and if you think it is then go for it.

Best of luck,
Chevy

Marker:
WPX Energy Inc (WPX)
$10.19 down -0.09 (-0.88%)
Volume: 8,515,831

*The current price of wti crude oil is $58.48 @ bbl.

Besides having a -WCF, fundamentally why do you think the stock is staying at the current low?

I see major potential...

WPX Energy roars higher after strong Q2 results, production guidance raise

Aug. 5, 2019 PMWPX Energy, Inc. (WPX)
By: Carl Surran, SA News Editor

WPX Energy (NYSE:WPX) +10.7% after-hours following stronger than expected Q2 earnings and a 61% Y/Y increase in revenues to $695M while also raising full-year production guidance.

WPX says Q2 total production jumped 28% Y/Y to 159.6K boe/day, including a 30% increase in Delaware Basin output to 96.6K boe/day and a 25% hike in Williston Basin production to 63K boe/day.

For the full year, WPX now expects total production of 160K-165K boe/day, up from its prior estimate of 149K-161K boe/day, including 101K-103K bbl/day of oil vs. prior guidance of 96K-100K bbl/day, driven by forecast Q3 volumes of 108K-11K bbl/day.

WPX says its Q2 weighted average gross sales price prior to revenue deductions and derivatives was $57.50/bbl for oil, $1.74/Mcf for natural gas and $13.66/bbl for natural gas liquids.

WPX says its full-year capital spending plan remains unchanged at $1.1B-$1.275B.

Also, WPX's board authorized a plan to repurchase as much as $400M of shares over the next 24 months, citing expectations for generating $100M-$150M in free cash flow during H2.

Source:
https://seekingalpha.com/news/3487245-wpx-energy-roars-higher-strong-q2-results-production-guidance-raise

Marker:
WPX Energy Inc (WPX)
$10.105 up 1.175 (13.16%)
Volume: 10,367,275

*current price for WTI crude stands at $54.82 @ bbl.

I am very interested to see this report today.

Freeing up cash and paying off debt is a good thing.

$WPX Started a Long Position at 10.35

Leon Cooperman Sees Mixed Market Ahead but Loves 5 Top Stock Picks

By Jon C. Ogg September 12, 2017 11:00 am EDT

Leon Cooperman of Omega Advisors spoke at the Delivering Alpha conference on Tuesday morning. He is a heavyweight on Wall Street and is considered one of the preeminent hedge fund managers these days. His latest 13F filing with the Securities and Exchange Commission showed equity holdings of nearly $2.4 billion.

There were two key takes from Cooperman worth noting. The first was that equities were not in a bubble, but the second major take was that bonds have been in a bubble. He sees equity valuations being more or less full but fair, and he thinks that the stock market could face a 5% pullback. And Cooperman thinks that stocks will return in the 5% to 8% range, when counting dividends in the total return mix.

Cooperman also provided five picks for investors, and it turns out that all five were in his 13F filing from August. As far as what might prompt that elusive market correction, the geopolitical issues, North Korea and perhaps even a disappointing earnings season were all noted as possible drivers.

Here are Cooperman’s five picks from Tuesday’s conference notes, along with what the holdings were as of June 30, 2017, in the 13F filing from August.
Sponsored by Gerber® Infant Formulas Happiness is a happy baby

First Data Corp. (NYSE: FDC) was listed as 8.11 million shares, worth $147.6 million. The stock has a 52-week trading range of $12.74 to $19.20, with a consensus analyst price target of $20.52. The company’s market cap is $16.8 billion. Its shares were actually down 3.3% at $18.22 on Tuesday morning, but that was because private equity holder KKR now intends to unload 85 million in a secondary offering.

Shire PLC (NASDAQ: SHPG) was listed as 500,207 shares, worth $82.67 million in the August filing, and it was considered an underappreciated drug player. These American depositary shares were not up on the day shortly after the endorsement, down just six cents at $161.63. Shire has a consensus price target of $226.38 and a 52-week range of $139.36 to $209.22. The market cap is $47.9 billion, and the dividend yield is 0.6%.

Cooperman gave two oil and gas picks in which he thinks the value is underappreciated and that they will benefit as oil moves back up toward $60 a barrel in the year ahead.

One pick was Hess Corp. (NYSE: HES), with almost 1 million shares held, worth $43 million. This stock was up 1.3% at $41.44 after Cooperman’s endorsement. The 52-week range is $37.25 to $65.56, and the consensus price target on Hess is $51.26. The company has a market cap of $13.2 billion and a dividend yield of 2.4%.

The second energy pick was WPX Energy Inc. (NYSE: WPX), as a more speculative company, and that holding was only 3.66 million shares, worth 35.4 million. Its shares were up 2.3% at $10.02 after Cooperman endorsed it. WPX has a consensus price target of $15.26 and a 52-week range of $8.40 to $16.17. The market cap is $4.0 billion.

http://247wallst.com/investing/2017/09/12/leon-cooperman-sees-mixed-market-ahead-but-loves-5-top-stock-picks/

Leon Cooperman Sees Mixed Market Ahead but Loves 5 Top Stock Picks

By Jon C. Ogg September 12, 2017 11:00 am EDT

Leon Cooperman of Omega Advisors spoke at the Delivering Alpha conference on Tuesday morning. He is a heavyweight on Wall Street and is considered one of the preeminent hedge fund managers these days. His latest 13F filing with the Securities and Exchange Commission showed equity holdings of nearly $2.4 billion.

There were two key takes from Cooperman worth noting. The first was that equities were not in a bubble, but the second major take was that bonds have been in a bubble. He sees equity valuations being more or less full but fair, and he thinks that the stock market could face a 5% pullback. And Cooperman thinks that stocks will return in the 5% to 8% range, when counting dividends in the total return mix.

Cooperman also provided five picks for investors, and it turns out that all five were in his 13F filing from August. As far as what might prompt that elusive market correction, the geopolitical issues, North Korea and perhaps even a disappointing earnings season were all noted as possible drivers.

Here are Cooperman’s five picks from Tuesday’s conference notes, along with what the holdings were as of June 30, 2017, in the 13F filing from August.
Sponsored by Gerber® Infant Formulas Happiness is a happy baby

First Data Corp. (NYSE: FDC) was listed as 8.11 million shares, worth $147.6 million. The stock has a 52-week trading range of $12.74 to $19.20, with a consensus analyst price target of $20.52. The company’s market cap is $16.8 billion. Its shares were actually down 3.3% at $18.22 on Tuesday morning, but that was because private equity holder KKR now intends to unload 85 million in a secondary offering.

Shire PLC (NASDAQ: SHPG) was listed as 500,207 shares, worth $82.67 million in the August filing, and it was considered an underappreciated drug player. These American depositary shares were not up on the day shortly after the endorsement, down just six cents at $161.63. Shire has a consensus price target of $226.38 and a 52-week range of $139.36 to $209.22. The market cap is $47.9 billion, and the dividend yield is 0.6%.

Cooperman gave two oil and gas picks in which he thinks the value is underappreciated and that they will benefit as oil moves back up toward $60 a barrel in the year ahead.

One pick was Hess Corp. (NYSE: HES), with almost 1 million shares held, worth $43 million. This stock was up 1.3% at $41.44 after Cooperman’s endorsement. The 52-week range is $37.25 to $65.56, and the consensus price target on Hess is $51.26. The company has a market cap of $13.2 billion and a dividend yield of 2.4%.

The second energy pick was WPX Energy Inc. (NYSE: WPX), as a more speculative company, and that holding was only 3.66 million shares, worth 35.4 million. Its shares were up 2.3% at $10.02 after Cooperman endorsed it. WPX has a consensus price target of $15.26 and a 52-week range of $8.40 to $16.17. The market cap is $4.0 billion.

http://247wallst.com/investing/2017/09/12/leon-cooperman-sees-mixed-market-ahead-but-loves-5-top-stock-picks/

WPX Energy (NYSE:WPX) plans to add 1-3 drilling rigs next year to its existing 10-rig plan for 2017, but could reduce the plan to 0-3 additional rigs if weak pricing holds, says COO Clay Gaspar.

Point72 Asset Management, L.P. has filed a new 13G, reporting 5.1% ownership in $WPX - https://fintel.io/so/us/wpx

i'll gladly take 19% bought a substantial stake in this one
These cashflow models imply WPX Energy $WPX has 19% upside before earnings Thursday:

mid 15's is my best guesstimate

These cashflow models imply WPX Energy $WPX has 19% upside before earnings Thursday:

Fair Value Source

Goldman notes that WPX has completed asset divestitures worth $2.5B since new leadership took over in mid-2014, transitioning its asset base to resemble its Permian peers more closely, and expects the company to enjoy peer-leading, debt adjusted oil production growth of 29% at least through 2018.

The firm says WPX's recent $500M equity issuance resolves lingering investor balance sheet concerns, paving the way for the company to narrow its 1.8x discount to peers.

WPX Energy (WPX +4.8%) is upgraded to Buy from Neutral with a $14.75 price target, raised from $10.50, at Goldman Sachs, which cites the completion of WPX’s recapitalization and strategic repositioning.

$10.30 now, what a mover this year

5.45.. quite the move off 2.53 low I last posted on

2.53 now.. down 1.29 for the day

not in yet b/c no free funds BUT wow, last trade 3.11

this getting around good levels for a looooong term perspective imo

we will see

good luck

Chart says around $6 bouncepoint

The acquisition of privately-held RKI Exploration & Production, LLC provides WPX with Permian assets.

I was recently asked to partner on the analysis of four companies. Two were in the E&P industry. Although I could not recommend buying WPX at the time, I believe the Permian is the good place to be once oil prices recover.

In U.S. shale fields, including in Texas, oil flow slows (9/15/15)

By James Osborne

The flow of crude from what had been the country’s fastest-growing oil and gas regions, like Texas’ Eagle Ford shale, is declining rapidly, according to data released by the federal government this week.

The Energy Information Administration reports that across the country’s seven largest shale deposits, oil production is expected to fall to 5.2 million barrels a day next month, the sixth consecutive month of decline and a 6 percent drop since April.

The fall marks a dramatic turnaround for a U.S. oil industry that had almost doubled its production since 2010. Through the use of advanced hydraulic fracturing and horizontal drilling techniques, drillers had accessed deposits long known by geologists but thought too difficult and expensive to drill.

But the revitalization of the country’s oil sector flooded the world market. Combined with a struggling Chinese economy and steady production out of the Middle East, oil is now selling for less than half what it did in the summer of 2014.

Now drilling rigs are sitting idle, and producers are opting not to turn on the wells they drill, letting the oil sit underground until prices improve. With the oil bust now approaching its first anniversary, oil and gas companies around Texas and the country are getting more and more nervous, said Larry Oldham, an energy investor in Midland.

“At some point the production is going to come off a whole lot harder than it has,” he said. “It’s going to get ugly. A lot of companies have been unable to re-hedge. They’ve been unable to lock in higher prices, so their cash flow is going to get worse.”

By and large, most forecasts predict U.S. oil production will continue declining through mid-2016. At that point, the theory goes, the decrease in supply should push up crude prices and get drilling rigs back in the fields.

In a report Monday, the research firm Raymond James predicted U.S. oil production would fall by 200,000 barrels a day next year — a 2 percent decline — said energy analyst Pavel Molchanov.

“That’s the first time in quite a while U.S. oil production is actually down,” he said. “In 2017, it’s a bit academic at this point, but we think U.S. production will be growing again. But that will depend on what oil prices do.”

Among the seven shale deposits examined by the EIA, only one, the Permian Basin in West Texas, has not reported a decline. It is projected to produce 2 million barrels of oil a day next month, up 90,000 barrels from April.

Shale wells are notoriously quick to decline in the flow of oil and natural gas, necessitating constant drilling to keep up production. With the U.S. rig count at levels not seen since 2009, those declining rates were going to catch up with new production sooner or later.

Only in the Permian, the degree to which drillers have figured out how to do more with less has allowed them to outpace their competitors in other regions. In the Permian, the amount of oil produced per drilling rig has increased 61 percent since January. In the Eagle Ford and North Dakota’s Bakken shale, that ratio increased by less than 30 percent.

“The Permian is quite resilient. Not many energy stocks have had a good year, but the best ones are the companies with a lot of production in the Permian,” Molchanov said.

http://www.dallasnews.com/business/energy/20150915-in-u.s.-shale-fields-including-in-texas-oil-flow-slows.ece

WPX Energy (NYSE:WPX) agrees to sell a North Dakota gathering system to a P-E fund managed by the Ares EIF Group, a subsidiary of Ares Management (NYSE:ARES), for ~$185M.

WPX says the sale is part of its delevering plan targeting $400M-$500M in divestitures by the end of 2015, and it is targeting another $400M-$500M in asset sales in 2016.

WPX says it will continue to operate the system, which currently gathers ~11K bbl/day of oil and 6,500 Mcf/d of natural gas, and can be expanded.

This should end in the 7s or 8s

What do u know oil is going up tomorrow

Just bought some lets see oil come back

Top 11 stocks not to own. Now I'm interested. I see it plummeted after the energy department said to drop oil prices. Where will it go from here? I just want to make sure there not on a brink of bancruptcy.

In earnings conference call, WPX said it aims to sell up to $1B in assets through 2016.

WPX Energy (WPX -1.6%) says it plans to increase its activity in the Williston Basin during H2 by resuming completions and increasing its rig count from one to three before year-end, becoming the first of the smaller oil producers since the crude price downturn to announce concrete steps to boost output.

WPX Energy (WPX) is the latest shale oil producer to says it would add at least a few drilling rigs if oil prices stabilized at ~$65/bbl.