Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Buy rating on WPX Energy (NYSE:WPX) on Tuesday, setting a price target of $7, which is approximately 45.83% above the present share price of $4.8.
Sorbara expects WPX Energy to post earnings per share (EPS) of -$0.73 for the fourth quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in WPX Energy, with an average price target of $7.32.
The analysts price targets range from a high of $9 to a low of $5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $308 million and a net profit of -$200 million. The company's market cap is $2.69 billion.
According to TipRanks.com, Siebert Williams Shank & Co analyst Gabriele Sorbara is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -24.5% and a 21.15% success rate.
WPX Energy, Inc. engages in the exploration and production of oil and natural gas. It focuses on exploiting, developing and growing its oil positions in the Delaware Basin in Texas and New Mexico, and the Williston Basin in North Dakota. The company was founded on April 19, 2011 and is headquartered in Tulsa, OK.