Today’s Research Reports on Trending Tickers: WPX Energy and Southwestern Energy

NEW YORK, NY / ACCESSWIRE / February 23, 2018 / U.S. equities recovered on Thursday with the Dow Jones and S&P 500 closing in the green. The Federal Reserve released minutes from their Wednesday meeting that suggested a higher possibility of an interest rate hike. The Dow Jones Industrial Average settled to close at 24,962.48, up by 0.66 percent, while the S&P 500 Index gained 0.10 percent to close at 2,703.96. The Nasdaq Composite Index fell 0.11 percent to close at 7,210.09.

“We’re seeing a repricing of risk, given the anticipation of inflation and higher rates, but some of that is a byproduct of an improving economy, one that’s growing faster than normal. In general, the broader economic conditions continue to improve,” said Steven Baffico, chief executive officer at Four Wood Capital Partners.

RDI Initiates Coverage on:

WPX Energy, Inc.
https://rdinvesting.com/news/?ticker=WPX

Southwestern Energy Company
https://rdinvesting.com/news/?ticker=SWN

WPX Energy’s stock jumped 5.91% Thursday, to close the day at $14.34. The stock recorded a trading volume of 10,481,445 shares, which was above its three months average volume of 5,849,567 shares. Traders were probably excited with the news that the company reported Q4 loss narrower than expected. The company reported loss of 2 cents in 4th quarter 2017, much better than the loss of 8 cents expected by the street. In the last year, WPX Energy’s shares have traded in a range of 8.40 – 16.09. The share price has gained 70.71% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $14.48 is greater than its 200-day moving average of $12.20. Shares of WPX Energy have fallen roughly 6.7 percent in the past month and are up 1.92 percent year-to-date.

Access RDI’s WPX Energy, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=WPX

On Thursday, shares of Southwestern Energy recorded a trading volume of 29,664,181 shares, which was above the three months average volume of 25,028,722 shares. The stock ended the day 5.43% higher at 3.69. The stock is currently trading 58.72% below its 52-week high with a 52-week trading range of 3.42 – 8.94. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $4.65 is below its 200-day moving average of $5.46. Shares of the company are trading at a trailing Price to Earnings ratio of 5.93. Shares of Southwestern Energy have fallen roughly 30.51 percent in the past month and are down 33.87 percent year-to-date.

Access RDI’s Southwestern Energy Company Research Report at:
https://rdinvesting.com/news/?ticker=SWN

Our Actionable Research on WPX Energy, Inc. (NYSE:WPX) and Southwestern Energy Company (NYSE:SWN) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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