What Does Wall Street Predict for WPX Energy?

Analyst recommendations for WPX Energy

As of December 8, 2017, 27 analysts were covering WPX Energy (WPX). Of these, ~33.3% have “strong buy” recommendations, ~58.3% have “buy” recommendations, while ~4.2% have “hold” recommendations on WPX. ~4.2% have “sell” recommendations, and none of the analysts recommended a “strong sell.”

What Does Wall Street Predict for WPX Energy?

WPX’s median target price

The median target price on WPX Energy’s stock is $16.50, which is ~28% higher than its December 8, 2017, closing price of $12.91.

Wall Street analyst target price changes for WPX

In the last one month, WPX Energy stock’s median target price has risen from $16.00 to $16.50. The most recent target price change on WPX stock came from Simmons, which was issued on November 21, 2017. Simmons increased WPX’s target price from $12.00 to $14.00, which is ~8% higher than the December 8, 2017, closing price of $12.91.

Other oil and gas producers

Based on the median price targets from Wall Street analysts, other oil and gas companies like Diamondback Energy (FANG) and CONSOL Energy (CNX) have potential upsides of ~16% and ~29%, respectively, from their December 8 closing prices. Southwestern Energy (SWN) has a potential upside of ~52%. CNX and SWN are part of the SPDR S&P Midcap 400 ETF (MDY).