An Extremely Compelling Valuation: WPX Energy, Inc. (WPX), Laredo Petroleum, Inc. (LPI)

Gaspar Clay M, President and COO, bought 50 shares of the WPX Energy, Inc. (NYSE:WPX) in an exchange that happened on January 8th. The stock was bought at an average price of $12.92 per share, amounting to a transaction worth $646. The sale was made public in a document filed with the SEC. Additionally, Director LOWRIE WILLIAM G sold 1 shares of this stock in a transaction that took place on November 8th. The stock was sold at an average price of $16.06 per share, for a total exchange amounting to $16. After the transaction, the Director LOWRIE WILLIAM G currently holds 229,409 shares of the company’s stock, which is worth approximately $2617557.

With this stock price’s latest movement, it is now -45.14% away from its 1-year high and 15.37% higher than its 1-year low price. In the past seven days, the stock price volatility for WPX Energy, Inc. was 3.16%, whereas its volatility in the past 30 days has been 3.72%. This public company’s stock also has a beta score of 2.31. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

WPX Energy, Inc. (NYSE:WPX) most recently published its quarterly earnings results. The firm posted $0.02 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $0.06 by $0.04. The publicly-traded organization reported revenue of $1,022.00 million for the quarter, compared to the average analyst forecast calling for $540.57 million, which was surpassing the analyst consensus estimate.

Shares of WPX Energy, Inc. (WPX) plunged -4.36%, amounting to a loss of -$0.52 per share, to finish the regular trading session at $11.41 on Friday 03/08/2019. After beginning the session at $11.63, shares of WPX Energy, Inc. reached as high as $11.63 during the day, while hitting a 1-day low of $11.265. Trade volume reached 7,073,380 shares against this stock’s average daily volume of 7.69M shares, with a total float of 415.84M. As a consequence of the price decrease, WPX Energy, Inc. now has a current market value of 5.02B.

Laredo Petroleum, Inc. (NYSE:LPI) subtracted -5.13% to its trading price by the close of the most recent session, dropping from its previous closing price of $3.12 to $2.96. This stock decreased in value by -13.70% during the last 7-day period, and experienced a loss of -21.49% over the past 30-day period. In the past three months, this stock’s price lost by -37.68% , and subtracted -63.90% to its price during the last six months of trading. LPI demonstrated a yearly price loss of -65.74% , while its year-to-date (YTD) price performance has been down -18.23% . This stock’s price changed by +5.71% compared to its 90-day low, and moved down -34.22% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the LPI stock as “Sell”. In the short-term, Laredo Petroleum, Inc. (LPI) has a 20-day average volume of 5,507,745 shares and short-term indicators sets the LPI stock as “ 100% Sell ” on average basis. In the medium-term, LPI stock has a 50-Day average volume of 4,658,372 shares and medium-term indicators gave the average rating of “ 100% Sell ”, while in the long-term period the stock has a 100-Day average volume of 5,240,095 shares. On average, long-term indicators rated the stock as “100% Sell ”. The overall picture from all short, medium and long-term indicators sets the LPI stock as “100% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on LPI. Societe Generale, for example, Downgrade its rating on shares of Laredo Petroleum, Inc. from “Buy ” to a “ Hold”according to a research note from Friday February 15th, 2019. while giving the stock a “ Neutral” from “Buy ” rating, as stated in a research report from Friday, February 15th, 2019. Piper Jaffray, on the other hand, Downgrade a from “Overweight ” to “ Neutral” rating on this stock in a research note dated Wednesday, January 9th, 2019.

In other news related to Laredo Petroleum, Inc. stock, 0.00% shares of LPI held by institutions. The total number of institutions who held the LPI shares was 268, according to most recent SEC filling. During the past quarter, total 241,478,889 shares held by institutions with the net change of -8,924,157 shares. In the meantime, 42 new institutions bought the shares of Laredo Petroleum, Inc. for the first time and 50 institutions sold all their holdings in the company’s common stock. 142 institutions increased their investment in the LPI stock and 116 institutions decreased their investment in the Laredo Petroleum, Inc. (LPI)’s stock during the last quarter.