WPX Energy, Inc. (NYSE:WPX)

Chemdawg (95.01) Submitted: 5/15/2013 10:46:03 AM : Start Price: $18.03 WPX Score: +10.53

sitting on a tremendous amount of gas in the Piceance basin...the largest amount of Shale gas in the world...and its lifting costs are 1.48 per MMTU...less than half the industry average...once it renegotiates its old contracts its going to probably triple in price...extremely cheap at this price

TMFDeej (99.47) Submitted: 2/22/2013 9:55:52 PM : Start Price: $15.03 WPX Score: +24.36

Barron's recently published an interesting article about how the former Williams (WMB) spinoff WPX Energy will be able to return to profitability even without an increase in the price of natural gas by renegotiating terrible legacy mid-stream contracts that it was saddled with over the next two years. That's just the sort of story catalyst that I like to see.

Any increase in the price of natural gas, which I'm certainly not counting on would be gravy. So would the sale of the company's Argentina assets (yuck).

Deej

Bujutsu (52.79) Submitted: 10/11/2012 9:10:27 PM : Start Price: $18.05 WPX Score: -4.76

Proven oil reserves and undervalued.