WPX Energy Inc.

WPX Energy plans to discuss its third-quarter 2019 financial and operations results during a webcast on Thursday, Oct. 31, 2019, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. Investors are encouraged to access the event and the corresponding slides at www.wpxenergy.com. The slides [...]

WPX Energy announced today the early results and early settlement and the amendment of certain terms of its previously announced cash tender offers to purchase up to $450 million aggregate principal amount of its outstanding 6.000% Senior Notes due 2022 and 8.250% Senior Notes due 2023 . According to information received from Global Bondholder Services Corporation, the Depositary and Information Agent for the Tender [...]

WPX Energy announced today that it has priced its public offering of $600 million of its 5.250% Senior Notes due 2027. The notes were priced at 100.000% of par. The offering was upsized from the previously announced $500 million aggregate principal amount and is expected to close on Sept. 24, 2019, subject to customary closing conditions. The net proceeds from the offering will be approximately $592.5 million after [...]

WPX Energy announced today that it has commenced cash tender offers to purchase up to $450,000,000 aggregate principal amount of its outstanding 6.000 percent Senior Notes due 2022 and 8.250 percent Senior Notes due 2023 . The terms and conditions of the Tender Offers are described in an Offer to Purchase, dated Sept. 10, 2019 . WPX intends to fund the Tender Offers with the net proceeds of its proposed offering of debt [...]

WPX Energy announced today that it has commenced an underwritten public offering of $500 million of senior unsecured notes due 2027. WPX intends to use the net proceeds from the offering and, if necessary, any other sources of available funds, which may include borrowings under its senior secured credit facility, to fund the purchase of up to $450 million aggregate principal amount of its outstanding 6.000% Senior Notes [...]

The chairman and president of WPX Energy are scheduled to speak at conferences in New York and Toronto, respectively, in September. WPX Chairman and Chief Executive Officer Rick Muncrief is presenting at Barclays CEO Energy-Power Conference on Tuesday, Sept. 3, at 3:05 p.m. Eastern. This is a schedule change from the original date of Sept. 5. WPX President and Chief Operating Officer Clay Gaspar is speaking at the Peters [...]

WPX Energy reported unaudited second-quarter income available to common stockholders of $305 million, or income of $0.72 per share on a diluted basis. This includes a $247 million recorded gain related to WPX’s equity interest in the sale of the Oryx II pipeline project. Excluding the Oryx gain and other items such as derivatives, WPX posted adjusted net income of $0.09 per share. A reconciliation accompanies this [...]

WPX Energy Inc. plans to discuss its second-quarter 2019 financial and operations results during a webcast on Tuesday, Aug. 6, 2019, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. Investors are encouraged to access the event and the corresponding slides at www.wpxenergy.com. The [...]

A subsidiary of WPX Energy Inc. and its joint venture partner in the Oryx II pipeline have completed the sale of the project. WPX received net proceeds of approximately $350 million for its 25 percent equity interest after adjusting for debt financing related to Oryx II. In addition, WPX expects to save approximately $40 million in planned equity investments for the balance of the year due to the sale. WPX is retaining [...]

WPX Energy Inc. President and Chief Operating Officer Clay Gaspar is scheduled to speak at the 2019 J.P. Morgan Energy Conference on Tuesday, June 18, at 8 a.m. Eastern. Please visit www.wpxenergy.com on the day of the event to confirm the time, see the slides and listen to Gaspar’s presentation. About WPX Energy, Inc. WPX is an independent energy producer with core positions in the Permian and Williston basins [...]