WPX Energy Inc.

WPX Energy President and Chief Operating Officer Clay Gaspar is scheduled to speak at the 2018 J.P. Morgan Energy Conference on Monday, June 18, at 3:20 p.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. Alan Killion, WPX’s vice president of E&P Services, also is participating on a panel discussion at the 2018 Wells [...]

WPX Energy announced today the early results and early settlement of its previously announced cash tender offers to purchase up to $400.0 million aggregate principal amount of its outstanding 6.000% Senior Notes due 2022 and 8.250% Senior Notes due 2023 . The terms and conditions of the Tender Offers are described in an Offer to Purchase, dated May 9, 2018 , which was previously distributed to holders of the Notes [...]

WPX Energy’s 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. The dividend is payable as of July 31, 2018, to holders of record of the company’s preferred stock on July 13, 2018. About WPX Energy, Inc. WPX is an independent energy producer with core positions in the Permian and Williston [...]

WPX Energy announced today that it has priced its public offering of $500 million of its 5.750% Senior Notes due 2026. The notes were priced at 100.000% of par. The offering was upsized from the previously announced $400 million aggregate principal amount and is expected to close on May 23, 2018, subject to customary closing conditions. The net proceeds from the offering will be approximately $493.7 million after [...]

WPX Energy announced today that it has commenced an underwritten public offering of $400 million of senior unsecured notes due 2026. WPX intends to use the net proceeds from the offering and any other sources of available funds, which may include borrowings under its senior secured credit facility, to fund the purchase of up to $400 million aggregate principal amount of its outstanding 6.000% Senior Notes due 2022 and [...]

WPX Energy announced today that it has commenced cash tender offers to purchase up to $400,000,000 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 May 9, 2018 . WPX intends to fund the Tender Offers with the net proceeds of its proposed offering of debt [...]

Oil and NGL sales accounted for 96 percent of WPX Energy’s first-quarter 2018 total product revenue of $407 million following the divestitures of its San Juan Basin assets, concluding with the sale of its Gallup holdings in March. WPX reported first-quarter oil volumes of 65,800 bbl/d from its two remaining basins led by 33,800 bbl/d in the Delaware Basin. Delaware oil volumes were 8 percent higher than the most [...]

WPX Energy announced today the early results and early settlement of its previously announced cash tender offers to purchase up to $500.0 million aggregate principal amount of its outstanding 7.500% Senior Notes due 2020 , 6.000% Senior Notes due 2022 and 8.250% Senior Notes due 2023 . The terms and conditions of the Tender Offers are described in an Offer to Purchase, dated April 3, 2018 , which was previously [...]

WPX Energy plans to discuss its first-quarter 2018 financial and operations results during a webcast on Thursday, May 3, 2018, 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 that it has commenced cash tender offers to purchase up to $500,000,000 aggregate principal amount of its outstanding 7.500 percent Senior Notes due 2020, 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 April 3, 2018 . WPX intends to fund the Tender Offers with the net [...]