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WPX Energy - Focus On Natural Gas Considering These Implications For Oil

  • WPX Energy continues making progress towards becoming a diversified energy producer.
  • The E&P firm is still more impacted by the price of natural gas taking a big hit from the price decline in that commodity.
  • The company has some interesting negative implications for oil.
  • Investors should remain focused on WPX Energy for the catalysts related to natural gas.
WPX Energy (NYSE:WPX) surprised investors with a second straight quarterly profit that substantially beat analyst estimates. As with all other E&P firms, WPX faces a tough market with the collapsing community landscape. The energy producer is making huge progress transitioning to liquids production, but it still faces a natural gas future.

Read the full article on Seeking Alpha.

Disclosure: Long WPX. Please review the disclaimer page for more details. 


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