Share this page


WPX reported an unaudited net loss attributable to WPX Energy of $135 million for second-quarter 2014, or a loss of $0.66 per share on a diluted basis.


2014 2Q Slide Presentation

Oil production showed dramatic growth in 2Q, increasing 57% year-over-year on a domestic basis, 37% on a consolidated basis including international volumes and 23% domestically vs. the sequential quarter.


2Q 2014 Financials

Net cash provided by operating activities for the first half of 2014 was $520 million, marking an 80% increase vs. $289 million for the same period a year ago.



“Our exposure to high-margin oil basins strengthens the diversity in our portfolio and gives us the opportunity to deploy capital in the most optimal way,” said Rick Muncrief, who joined WPX as president and CEO in May.  

“WPX’s oil assets are an important part of our value creation ability. We’re excited about adding significant inventory in some of the highest quality acreage in the entire Williston Basin.

“I’m pleased with our progress and improving execution. It’s imperative for us to relentlessly focus on increasing our margins. We have to continually improve how we operate our assets to optimize the value in our portfolio.

“We’re exceeding our 2014 oil production guidance, bringing value forward in a creative, well thought out way and setting the stage for transforming WPX. 

“Our long-term vision for WPX is coming into focus and we’re solidifying our strategy for how we’re going to accomplish it. We’re working on it diligently and plan to roll it out this fall,” Muncrief added.

New WPX CEO Rick Muncrief (center) worked on his first Bakken oil well in 1984.

Transfer Agent

Our transfer agent is Computershare. Please contact them at:

P.O. Box 30170, College Station, TX 77842-3170
800.884.4225 or 781.575.2879

Contact Investor Relations

David Sullivan

dig deeper

Environmentally Sound

Environmentally Sound

We care about corporate social responsibility and doing what’s right.



We’re in some of the best natural gas, oil and natural gas liquids basins in the nation

We Are WPX

We Are WPX

Learn more about us, our history and our values. At WPX, we’re inspired, involved and determined.

Stay Informed

Stay Informed

Sign up to keep up-to-date with our latest investor news and events through timely email alerts.

A neighbor in your community

prev next
  Lead and coordinate projects being worked on by a diverse team consisting of Facility Engineers, Operations and Production personnel, IEC/Measurement/ Electrical Engineers/ Technicians and a variety of Contractors, including multiple people from the ATS, Measurement, and IT teams, assigned to design and construct multi-well pad oil and gas facilities and gathering systems. Duties and responsibil
View LinkedIn Page
$WPX CEO Rick Muncrief on Mad Money tonight at 6 pm ET with CNBC's Jim Cramer
View Tweet
Our CEO Rick Muncrief spoke with CNBC's Jim Cramer via a remote interview today from the EnerCom oil and gas conference in Denver. Rick's segment about WPX will appear on tonight's episode of Mad Money, which airs at 6 p.m. Eastern.

View Post

Water Management and Drilling Innovation Award – Colorado Oil and Gas Conservation Commission

This website may contain forward-looking statements. Please review our forward-looking statement disclaimer here.

Copyright 2014 WPX Energy