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Actionable news in WPX: WPX ENERGY Inc,

One Reason WPX Energy (WPX) Stock is Rising Today

NEW YORK (TheStreet) -- WPX Energy (WPX - Get Report) stock is advancing by 4.5% to $9.05 in afternoon trading on Thursday, after oil prices rallied as Chinese equity markets gained.

WTI is up 3.51% to $49.49 per barrel, while Brent crude is rising 3.43% to $53.09 per barrel this afternoon, according to the CNBC.com index.

"Sentiment regarding China appears to have shifted of late and we feel that further stability in the Chinese stock market will limit downside price follow-through across the energy complex," Ritterbusch & Associates President Jim Ritterbusch told Reuters.

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Additionally, Russian involvement in Syria could "impact the flow of oil from the region," Energy Management Institute analysts Dominick Chirichella said to Reuters.

Tulsa, OK-based WPX Energy is an independent natural gas and oil producer with operations in the Rocky Mountain region, North Dakota and southwestern U.S.

Separately, TheStreet Ratings team rates WPX ENERGY INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:

We rate WPX...


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