Goodhaven Capital Management LLC Decreased Its Wpx Energy INC (WPX) Stake

May 16, 2018 - By Eula Gilbert

WPX Energy, Inc. (NYSE:WPX) Corporate LogoBig Money Sentiment decreased to 1.04 in 2017 Q4. It has change of 0.25, from 2017Q3’s 1.29. The ratio dropped due to WPX positioning: 32 sold and 105 reduced. 57 funds amassed positions and 85 increased positions. Investors holded 385.12 million in 2017Q3 but now own 381.83 million shares or 0.86% less. Rhumbline Advisers reported 716,327 shs. Tortoise Capital Advsr Limited Liability Com has 645,893 shs for 0.06% of their capital. Brown Brothers Harriman invested in 0% or 260 shs. Earnest Partners Ltd Liability Corp invested 0% in WPX Energy, Inc. (NYSE:WPX). Marshall Wace Ltd Liability Partnership holds 17,419 shs or 0.01% of its capital. Amer International Grp Inc has 0.04% invested in WPX Energy, Inc. (NYSE:WPX). Corecommodity Ltd Liability Corp holds 0.35% or 29,935 shs in its capital. 250 were accumulated by Benjamin F Edwards & Company. Morgan Stanley has 0.01% invested in WPX Energy, Inc. (NYSE:WPX). Zwj Inv Counsel Inc reported 0.02% of its capital in WPX Energy, Inc. (NYSE:WPX). State Of Alaska Department Of Revenue stated it has 0.01% in WPX Energy, Inc. (NYSE:WPX). State Of New Jersey Common Pension Fund D holds 185,000 shs or 0.01% of its capital. Magnetar Fin Llc has 16,651 shs. Louisiana State Employees Retirement Sys owns 100,700 shs or 0.06% of their US capital. Putnam Invests Ltd stated it has 131,656 shs.

WPX had 4 insider sales and 0 insider buys since May 7, 2018. This’s net activity of $2.34 million. On Monday, May 7 Vann J Kevin sold $270,900 worth of WPX Energy, Inc. (NYSE:WPX) or 15,000 shs. On Tuesday, May 8 a trade for 55,000 shs valued at $991,650 was made by Gaspar Clay M. On Wednesday, May 9 Shares for $152,871 were sold by FAULKNER STEPHEN L JR.

Goodhaven Capital Management Llc decreased its holdings by 12.26% in Wpx Energy Inc (WPX), according to 2017Q4 SEC filling. 361,165 shares were sold by Goodhaven Capital Management Llc as the company’s stock rose 0.29% while stock markets declined. The institutional investor is holding 2.59M shares, compared to the 2.95 million from the previous quarter. And the announced value of the energy company is $36.38 million for the 2017Q4. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

On August, 1. Investors expect WPX Energy, Inc. (NYSE:WPX) to reveal its quarterly earnings, according to Faxor. Analysts predict $0.01 EPS. That’s $0.15 up or 107.14 % from 2017’s earnings of $-0.14. If $0.01 is reported, WPX’s profit will reach $4.00 million for 464.50 P/E. -116.67 % EPS growth is what Wall Street’s sees after $-0.06 reported EPS previous quarter.

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

In total 19 analysts cover WPX Energy (NYSE:WPX). “Buy” rating has 18, “Sell” are 0, while 1 are “Hold”. (NYSE:WPX) has 95% bullish analysts. 30 are the (NYSE:WPX)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Monday, December 11 Northland Capital maintained the shares of WPX in report with “Buy” rating. On Wednesday, April 11 the firm earned “Overweight” rating by PiperJaffray. On Thursday, January 18 the stock of WPX Energy, Inc. (NYSE:WPX) earned “Buy” rating by SunTrust. On Monday, February 5 the rating was maintained by Stifel Nicolaus with “Buy”. On Wednesday, March 28 the stock of WPX Energy, Inc. (NYSE:WPX) has “Buy” rating given by Stifel Nicolaus. On Tuesday, February 6 the firm has “Buy” rating given by Robert W. Baird. In Monday, February 5 report FBR Capital initiated the stock with “Buy” rating. In Thursday, February 1 report Goldman Sachs upgraded the stock to “Buy” rating. On Monday, November 20 Piper Jaffray maintained WPX Energy, Inc. (NYSE:WPX) rating. Piper Jaffray has “Hold” rating and $14.0 target. On Tuesday, December 19 the firm earned “Neutral” rating by Seaport Global.

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

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