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2/9/2016WPX Energy Sells Piceance Subsidiary for $910 Million
Marks nearly $1.5 billion in divestitures since RKI acquisition Strengthens liquidity and financial flexibility Piceance exit reinforces WPX’s oil focus led by its Permian Delaware developme ...
1/20/2016WPX Energy Increases Hedge Position and Reduces Debt
Company Continues to Aggressively Execute Despite Challenging Environment WPX Energy (NYSE: WPX) has added more hedges to protect cash flows and repurchased a portion of notes that are due i ...
1/11/2016WPX Energy to Host Feb. 25 Webcast
WPX Energy (NYSE: WPX) plans to discuss its fourth quarter and year-end 2015 financial and operations results during a webcast on Thursday morning, Feb. 25, beginning at 10 a.m. Eastern. Inv ...
12/31/2015WPX Exceeds 2015 Deleveraging Goal with New Transaction
Divesting San Juan Basin Gathering System to I Squared Capital for More Than $300 Million in Consideration WPX Energy (NYSE:WPX) announced today that it signed an agreement to sell its San J ...
11/19/2015WPX Completes Sale of Van Hook Gathering System
Proceeds Represent More Progress on Debt Reduction WPX Energy (NYSE: WPX) announced today that it has completed the sale of a North Dakota gathering system for approximately $185 million to ...
11/12/2015WPX Energy Declares Dividend on Preferred Stock
WPX Energy’s (NYSE: WPX) board of directors has approved a quarterly dividend of $0.78125 per share to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock. T ...
11/4/2015WPX Energy Reports 3Q Results
Closing of Permian Acquisition Drives Record Oil Production Higher-Intensity Completions on Permian and Williston Wells Highlight Upside Cash Operating Expenses Down 21% vs. 3Q 2014 3Q Finan ...
10/26/2015WPX Energy Promotes Clay Gaspar to Chief Operating Officer
WPX Energy (NYSE: WPX) has promoted Clay M. Gaspar to Senior Vice President and Chief Operating Officer, effective Nov. 2, 2015 . Gaspar joined WPX in October 2014 as Senior Vice President o ...
10/2/2015WPX Energy Declares Dividend on Preferred Stock
WPX Energy’s (NYSE: WPX) board of directors has approved a quarterly dividend of $0.85938 per share to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock. T ...
9/28/2015WPX Energy to Host Nov. 5 Webcast
WPX Energy (NYSE: WPX) plans to discuss its third-quarter 2015 financial and operations results during a webcast on Thursday morning, Nov. 5 , beginning at 10 a.m. Eastern. Participants are ...
9/1/2015WPX Energy Sells Powder River Basin Assets
Quick Delevering Action Now Exceeds A Quarter Billion Dollars WPX Energy (NYSE: WPX) has completed the divestiture of its remaining mature coalbed methane properties in Wyoming’s Powder Rive ...
8/31/2015WPX Begins Delevering with Sale of Van Hook Gathering System
$185 Million Transaction Part of Plan Targeting $400-$500 Million in Divestitures by Year-End WPX Energy (NYSE: WPX) announced today that it has agreed to sell a North Dakota gathering syste ...
8/26/2015WPX Energy’s Clay Gaspar to Speak at Barclays Conference
WPX Energy (NYSE: WPX) is scheduled to present at Barclays Capital CEO Energy-Power Conference on Wednesday, Sept. 9 , at approximately 4:25 p.m. Eastern. Please visit www.wpxenergy.com on t ...
8/17/2015WPX Energy Completes Acquisition of Permian Producer
Represents Decades of Drilling Inventory in Permian’s Delaware Basin Targeting Delevering Efforts of $800 Million to $1 Billion in Divestitures by Year-End 2016 WPX Provides Hedging Update W ...
8/5/2015WPX Energy Reports 2Q Results
Liquids Production at All-Time High Oil Production Up 38% vs. 2Q 2014 Costs Continue to Trend Lower RKI Acquisition Nearing Close Delevering Targets Established; Activity Under Way WPX Energ ...
7/23/2015WPX Energy Closes Public Offerings of Common Stock, Mandatory Convertible Preferred Stock and Senior Unsecured Notes
WPX Energy (NYSE:WPX) announced today that it has closed its previously announced concurrent public offerings of 30,000,000 shares of its common stock at a public offering price of $10.10 pe ...
7/20/2015WPX Energy to Host Aug. 6 Webcast
WPX Energy (NYSE: WPX) plans to discuss its second-quarter 2015 financial and operations results during a webcast on Thursday morning, Aug. 6 , beginning at 10 a.m. Eastern. Participants are ...
7/17/2015WPX Energy Announces Pricing of $1.0 Billion of Senior Unsecured Notes
WPX Energy (NYSE:WPX) announced today that it has priced its previously announced offering of $500 million aggregate principal amount of 7.50% senior unsecured notes due 2020 and $500 millio ...
7/17/2015WPX Energy Announces Pricing of Public Offerings of Common Stock and Mandatory Convertible Preferred Stock
TULSA, Okla. -(BUSINESS WIRE)- WPX Energy (NYSE:WPX) announced today that it has priced its previously announced concurrent public offerings of 30,000,000 shares of its common stock at a pub ...
7/14/2015WPX Energy Announces Proposed Public Offerings of Senior Unsecured Notes, Common Stock and Mandatory Convertible Preferred Stock
WPX Energy (NYSE:WPX) announced today that it has commenced concurrent public offerings of $1.2 billion aggregate principal amount of senior unsecured notes, 27,000,000 shares of its common ...


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#Piceance exit reinforces $WPX’s #oil focus led by its #Permian Delaware development. Read more: http://goo.gl/2YYyp5
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WPX Energy sells Piceance for $910 million. This is WPX’s second transformational transaction in recent months. The move solidifies WPX as a Permian-focused company and provides a more balanced commodity mix given the pro forma exposure to oil and natural gas. Our CEO Rick Muncrief says, “Our bias for action and being opportunistic won’t change. We will pursue our very best investment options and continually evaluate how to optimize our assets. We’ve created a balanced portfolio with an excellent runway for sustained value generation.” Read more: http://goo.gl/2YYyp5
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