WPX Energy, Inc. (WPX) Reaches $18.58 After 6.00% Up Move; Parallax Volatility Advisers LP Has Boosted A10 Networks (ATEN) Stake By $1.90 Million

June 22, 2018 - By Neil V. Hobbs

WPX Energy, Inc. (NYSE:WPX) Logo

The stock of WPX Energy, Inc. (NYSE:WPX) is a huge mover today! The stock increased 7.65% or $1.32 during the last trading session, reaching $18.58. About 5.53M shares traded. WPX Energy, Inc. (NYSE:WPX) has risen 49.36% since June 22, 2017 and is uptrending. It has outperformed by 36.79% the S&P500. Some Historical WPX News: 20/04/2018 – WPX ENERGY SAYS IN SECOND AMENDMENT, BORROWING BASE INCREASED TO $1.8 BLN, AGGREGATE ELECTED COMMITMENTS INCREASED TO $1.5 BLN – SEC FILING; 17/04/2018 – WPX ENERGY REPORTS EARLY RESULTS OF CASH TENDER OFFERS; 17/04/2018 – WPX ENERGY – EXPECTS TO ACCEPT FOR PURCHASE $328.7 MLN OF 2020 NOTES AND $171.3 MLN OF 2022 NOTES VALIDLY TENDERED AT OR PRIOR TO EARLY TENDER DATE; 20/04/2018 – WPX ENERGY – ENTERED SECOND AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT AND FIRST AMENDMENT TO GUARANTY AND COLLATERAL AGREEMENT; 23/05/2018 – WPX ENERGY SAYS $40.8M OF 2023 NOTES VALIDLY TENDERED; 17/04/2018 – WPX Energy: $328.7 M Aggregate Principal Amount of the 2020 Notes Were Validly Tendered; 26/03/2018 – WPX Energy CEO sees crude demand rising despite electric cars; 02/05/2018 – WPX ENERGY 1Q PRODUCTION 102.7 MBOE/D; 09/05/2018 – WPX ENERGY – COMMENCED UNDERWRITTEN PUBLIC OFFERING OF $400 MLN OF SENIOR UNSECURED NOTES DUE 2026; 02/05/2018 – WPX Energy Reports 1Q 2018 ResultsThe move comes after 5 months positive chart setup for the $7.43B company. It was reported on Jun, 22 by Barchart.com. We have $19.69 PT which if reached, will make NYSE:WPX worth $445.50 million more.

Parallax Volatility Advisers Lp increased A10 Networks Inc (ATEN) stake by 5163.59% reported in 2018Q1 SEC filing. Parallax Volatility Advisers Lp acquired 379,524 shares as A10 Networks Inc (ATEN)’s stock declined 2.64%. The Parallax Volatility Advisers Lp holds 386,874 shares with $2.25M value, up from 7,350 last quarter. A10 Networks Inc now has $467.31M valuation. The stock decreased 0.68% or $0.045 during the last trading session, reaching $6.605. About 25,941 shares traded. A10 Networks, Inc. (NYSE:ATEN) has declined 23.38% since June 22, 2017 and is downtrending. It has underperformed by 35.95% the S&P500. Some Historical ATEN News: 16/05/2018 – DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against A10 Networks,; 20/04/2018 – DJ A10 Networks Inc, Inst Holders, 1Q 2018 (ATEN); 16/03/2018 – A10 Networks: Audit Committee Conducting Investigation Regarding Certain Revenue Recognition and Internal Control Matters; 28/03/2018 – WOLF HALDENSTEIN ALERTS A10 NETWORKS INVESTORS: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities; 16/03/2018 – A10 NETWORKS INC – PLANS TO DECLASSIFY BOARD OF DIRECTORS AND APPOINTS NEW BOARD MEMBER; 16/03/2018 – A10 Networks: Investigation Focused on Time Period of 4Q of 2015 Through 4Q of 2017; 16/04/2018 – The Klein Law Firm Reminds Investors of Commencement of a Class Action Filed on Behalf of A10 Networks, Inc. Shareholders and a Lead Plaintiff Deadline of May 21, 2018; 03/05/2018 – SCHRODERS BUYS 20% OF REAL ESTATE FIRM A10 CAPITAL; NO TERMS; 15/05/2018 – Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against A10 Networks, Inc. (ATEN); 10/05/2018 – SCHRODERS SDR.L TAKES 20 PCT EQUITY STAKE IN U.S. COMMERCIAL REAL ESTATE LENDER A10 CAPITAL

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company has market cap of $7.43 billion. The companyÂ’s principal areas of operation include the Delaware Basin in Texas and New Mexico; the Williston Basin in North Dakota; and the San Juan Basin in New Mexico and Colorado. It currently has negative earnings. As of December 31, 2016, it had proved reserves of 346 million barrels of oil equivalent.

Analysts await WPX Energy, Inc. (NYSE:WPX) to report earnings on August, 1. They expect $0.01 earnings per share, up 107.14% or $0.15 from last year’s $-0.14 per share. WPX’s profit will be $4.00M for 464.50 P/E if the $0.01 EPS becomes a reality. After $-0.06 actual earnings per share reported by WPX Energy, Inc. for the previous quarter, Wall Street now forecasts -116.67% EPS growth.

Another recent and important WPX Energy, Inc. (NYSE:WPX) news was published by Seekingalpha.com which published an article titled: “US Shale: NAV Analysis Of Diversified Oil-Weighted E&Ps – 2018 Q1 Update” on June 22, 2018.

Investors sentiment decreased to 0.92 in Q1 2018. Its down 0.12, from 1.04 in 2017Q4. It fall, as 38 investors sold WPX Energy, Inc. shares while 108 reduced holdings. 53 funds opened positions while 81 raised stakes. 382.86 million shares or 0.27% more from 381.83 million shares in 2017Q4 were reported. Cove Street Ltd Liability Corp, California-based fund reported 4,175 shares. Arizona State Retirement System reported 269,367 shares or 0.04% of all its holdings. Wells Fargo & Mn invested in 0.03% or 5.72M shares. Perkins Coie Trust invested in 0.07% or 9,638 shares. Bankshares Of America Corporation De stated it has 7.81M shares or 0.02% of all its holdings. 637,550 were accumulated by Manufacturers Life Insur Communication The. Public Employees Retirement Association Of Colorado holds 67,569 shares or 0.01% of its portfolio. Legal And General Public Limited Co invested 0.01% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Schwab Charles Invest Management has invested 0.03% in WPX Energy, Inc. (NYSE:WPX). Comerica Bankshares invested 0.04% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Wealthtrust invested in 0.02% or 2,483 shares. Utah Retirement, Utah-based fund reported 73,561 shares. Art Advisors Limited Liability Corp holds 0.07% in WPX Energy, Inc. (NYSE:WPX) or 121,066 shares. Geode Capital Limited Liability Com accumulated 3.44M shares. 4.22M are held by Omega Advsrs Inc.

Since May 7, 2018, it had 0 buys, and 5 insider sales for $2.52 million activity. GUDERIAN BRYAN K also sold $921,650 worth of WPX Energy, Inc. (NYSE:WPX) shares. Vann J Kevin sold 15,000 shares worth $270,900. On Wednesday, May 16 CAMERON DENNIS C sold $181,900 worth of WPX Energy, Inc. (NYSE:WPX) or 10,000 shares. $152,871 worth of stock was sold by FAULKNER STEPHEN L JR on Wednesday, May 9. 55,000 shares were sold by Gaspar Clay M, worth $991,650.

Among 34 analysts covering WPX Energy (NYSE:WPX), 32 have Buy rating, 0 Sell and 2 Hold. Therefore 94% are positive. WPX Energy had 127 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital on Thursday, September 1 with “Underweight”. The firm earned “Buy” rating on Wednesday, November 1 by SunTrust. Barclays Capital maintained WPX Energy, Inc. (NYSE:WPX) on Friday, August 4 with “Equal-Weight” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, February 5. On Thursday, June 22 the stock rating was upgraded by Cowen & Co to “Outperform”. The company was maintained on Tuesday, December 13 by FBR Capital. SunTrust maintained the stock with “Buy” rating in Thursday, January 18 report. The firm has “Outperform” rating by Robert W. Baird given on Tuesday, December 19. Imperial Capital maintained it with “Outperform” rating and $5.50 target in Thursday, February 18 report. JP Morgan maintained it with “Overweight” rating and $8 target in Tuesday, March 15 report.

Another recent and important A10 Networks, Inc. (NYSE:ATEN) news was published by Businesswire.com which published an article titled: “CORRECTING and REPLACING A10 Networks Increases IT Agility via New Ingress Controller with Container-Native …” on June 13, 2018.

Among 6 analysts covering A10 Networks (NYSE:ATEN), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. A10 Networks had 18 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of A10 Networks, Inc. (NYSE:ATEN) earned “Outperform” rating by Oppenheimer on Wednesday, November 11. The stock of A10 Networks, Inc. (NYSE:ATEN) earned “Buy” rating by Dougherty & Company on Friday, October 28. DA Davidson upgraded it to “Buy” rating and $10.50 target in Monday, October 31 report. The firm has “Buy” rating given on Friday, February 10 by Dougherty & Company. On Friday, July 28 the stock rating was maintained by Oppenheimer with “Hold”. Dougherty & Company maintained A10 Networks, Inc. (NYSE:ATEN) rating on Monday, August 29. Dougherty & Company has “Buy” rating and $11 target. The firm has “Outperform” rating given on Friday, July 31 by RBC Capital Markets. The stock of A10 Networks, Inc. (NYSE:ATEN) earned “Buy” rating by Dougherty & Company on Friday, October 30. Oppenheimer maintained A10 Networks, Inc. (NYSE:ATEN) on Wednesday, February 10 with “Outperform” rating. The firm earned “Neutral” rating on Monday, March 19 by DA Davidson.

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

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