Waratah Capital Advisors LTD Has Cut Wpx Energy INC (WPX) Stake by $9.57 Million; Stock Price Rose

May 25, 2018 - By Marie Mckinney

WPX Energy, Inc. (NYSE:WPX) LogoInvestors sentiment decreased to 1.04 in 2017 Q4. Its down 0.25, from 1.29 in 2017Q3. It worsened, as 32 investors sold WPX shares while 105 reduced holdings. 57 funds opened positions while 85 raised stakes. 381.83 million shares or 0.86% less from 385.12 million shares in 2017Q3 were reported. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems invested in 0.01% or 58,112 shares. Goldman Sachs Grp holds 0.04% or 10.75M shares. Assocs invested in 1.31% or 65,300 shares. Glg Ltd Com reported 0.2% stake. Evercore Wealth Management Ltd Liability Corporation has 0% invested in WPX Energy, Inc. (NYSE:WPX). Waratah Capital Advisors owns 1.23M shares. Us Natl Bank De invested in 0% or 20,197 shares. 32,312 were reported by Fred Alger Mgmt. Omega Advsr holds 2.41% in WPX Energy, Inc. (NYSE:WPX) or 4.57M shares. Louisiana State Employees Retirement accumulated 0.06% or 100,700 shares. Alabama-based Retirement Of Alabama has invested 0.07% in WPX Energy, Inc. (NYSE:WPX). Blackrock Inc holds 0.02% or 32.62M shares. Moreover, Glenmede Na has 0% invested in WPX Energy, Inc. (NYSE:WPX) for 1,409 shares. 5,233 were reported by Covington. Mason Street Limited Liability Company stated it has 0.06% in WPX Energy, Inc. (NYSE:WPX).

Since May 7, 2018, it had 0 insider purchases, and 5 sales for $2.52 million activity. On Wednesday, May 16 the insider CAMERON DENNIS C sold $181,900. Another trade for 55,000 shares valued at $991,650 was sold by Gaspar Clay M. Vann J Kevin sold $270,900 worth of stock. FAULKNER STEPHEN L JR also sold $152,871 worth of WPX Energy, Inc. (NYSE:WPX) on Wednesday, May 9.

Brad Dunkley decreased its stake in Wpx Energy Inc (WPX) by 35.65% based on its latest 2017Q4 regulatory filing with the SEC. Waratah Capital Advisors Ltd sold 683,905 shares as the company’s stock rose 0.29% while stock markets declined. The hedge fund run by Brad Dunkley held 1.23 million shares of the energy company at the end of 2017Q4, valued at $17.37 million, down from 1.92 million at the end of the previous reported quarter. Waratah Capital Advisors Ltd who had been investing in Wpx Energy Inc for a number of months, seems to be less bullish one the $6.81 billion market cap company. The stock decreased 4.64% or $0.83 during the last trading session, reaching $17.05. About 3.35 million shares traded. WPX Energy, Inc. (NYSE:WPX) has risen 11.34% since May 25, 2017 and is uptrending. It has underperformed by 0.21% the S&P500.

Waratah Capital Advisors Ltd, which manages about $861.28M US Long portfolio, upped its stake in Ggp Inc by 526,959 shares to 547,079 shares, valued at $12.80 million in 2017Q4, according to the filing. It also increased its holding in Mccormick & Co Inc Com Non Vtg (NYSE:MKC) by 30,383 shares in the quarter, for a total of 38,962 shares, and has risen its stake in Eqt Corp (NYSE:EQT).

Analysts await WPX Energy, Inc. (NYSE:WPX) to report earnings on August, 1. They expect $0.01 EPS, up 107.14 % or $0.15 from last year’s $-0.14 per share. WPX’s profit will be $4.00 million for 426.25 P/E if the $0.01 EPS becomes a reality. After $-0.06 actual EPS reported by WPX Energy, Inc. for the previous quarter, Wall Street now forecasts -116.67 % EPS growth.

WPX Energy, Inc. (NYSE:WPX) Ratings Coverage

Among 20 analysts covering WPX Energy (NYSE:WPX), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. WPX Energy had 31 analyst reports since December 11, 2017 according to SRatingsIntel. The firm has “Buy” rating by BMO Capital Markets given on Thursday, January 11. FBR Capital initiated WPX Energy, Inc. (NYSE:WPX) rating on Monday, February 5. FBR Capital has “Buy” rating and $20.0 target. As per Tuesday, February 6, the company rating was maintained by Northland Capital. The rating was maintained by Northland Capital with “Buy” on Monday, December 11. The firm earned “Buy” rating on Monday, February 26 by Northland Capital. Stifel Nicolaus maintained WPX Energy, Inc. (NYSE:WPX) rating on Monday, January 29. Stifel Nicolaus has “Buy” rating and $24.0 target. Piper Jaffray maintained WPX Energy, Inc. (NYSE:WPX) on Tuesday, January 9 with “Hold” rating. PiperJaffray upgraded the shares of WPX in report on Wednesday, April 11 to “Overweight” rating. On Monday, December 11 the stock rating was initiated by Credit Suisse with “Buy”. The rating was maintained by Stifel Nicolaus on Monday, February 5 with “Buy”.

WPX Energy, Inc. (NYSE:WPX) Institutional Positions Chart

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