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(Image: WPX Energy)
Important Note: This article is not an investment recommendation and should not to be relied upon when making investment decisions - investors should conduct their own comprehensive research. Please read the disclaimer at the end of this article.
With the new leg down in crude oil and natural gas prices in December and January, stocks in the E&P sector have been setting new lows. Given the possibility of a cyclical recovery in the industry, it appears timely to review the current situation, risk profiles and outlook for select stocks.
WPX Energy (NYSE:WPX) is one of the stocks in the sector that has sustained a significant decline and is also characterized by an
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