WPX Energy Inc.

WPX Energy (NYSE: WPX) announced today that it has priced its previously announced public offering of $150 million of its 5.25% Senior Notes due 2024. The notes were priced at 98.5% of par. The notes are expected to rank equally with, and be treated as a single class with, the $500 million aggregate principal amount of currently outstanding 5.25% Senior Notes due 2024 previously issued by WPX. The offering is expected to [...]

WPX Energy (NYSE: WPX) announced today that it has commenced cash tender offers (the “Tender Offers”) to purchase up to $150,000,000 aggregate principal amount (as it may be increased by WPX, the “Aggregate Maximum Tender Amount”) of its outstanding 7.500% Senior Notes due 2020, 8.250% Senior Notes due 2023 and 6.000% Senior Notes due 2022 (collectively, the “Notes”). The terms and [...]

WPX Energy (NYSE: WPX) announced today that it has commenced an underwritten public offering of $150 million of its 5.25% Senior Notes due 2024. The notes are expected to rank equally with, and be treated as a single class with, the $500 million aggregate principal amount of currently outstanding 5.25% Senior Notes due 2024 previously issued by WPX. WPX intends to use the net proceeds from the offering, together with, if [...]

WPX Energy’s (NYSE:WPX) second-quarter 2017 results mark an all-time high for the company’s liquids production and reflect unaudited net income attributable to common shareholders of $72 million, or income of $0.18 per share on a diluted basis. Total liquids production (oil and NGL) surpassed 70,000 barrels per day for the first time in a quarter, averaging 72,400 barrels per day in second-quarter 2017. This [...]

EnerCom announces debut presenters for its Oilfield Tech & Innovation Day - Aug 17, 2017 DENVER, CO--(Marketwired - Jun 29, 2017) - EnerCom, Inc. will host The Oil & Gas Conference® 22 on August 13-17, 2017, in Denver at the Westin Denver Downtown. The Oil & Gas Conference® it is an investment conference designed for exploration and production and oilservice and technology companies to give mid-year updates to a [...]

WPX Energy (NYSE: WPX) plans to discuss its second-quarter 2017 financial and operations results during a webcast on Thursday, Aug. 3, 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 [...]

Executives for WPX Energy (NYSE: WPX) are scheduled to participate on a panel discussion and make a presentation at energy conferences this month. WPX Chairman, President and Chief Executive Officer Rick Muncrief is scheduled to participate on a panel at the Tudor, Pickering, Holt & Co. Hotter ‘N Hell Energy Conference on Thursday, June 22, at 9:30 a.m. Central. The event is not available for webcast. WPX Senior [...]

WPX Energy (NYSE:WPX) has signed a strategic partnership with Howard Energy Partners to jointly develop oil gathering and natural gas processing infrastructure in the Stateline area of the Permian’s Delaware Basin. The joint venture with Howard is designed to support WPX’s drilling operations in the Stateline area, representing 50,000 net acres, or 37 percent of WPX’s roughly 135,000 net acre position in [...]

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. The dividend is payable as of July 31, 2017, to holders of record of the company’s preferred stock on July 14, 2017. About WPX Energy, Inc. WPX has posted double-digit oil volume growth each of the past five years. The [...]

WPX Energy (NYSE:WPX) posted its second consecutive quarterly high for oil output and reported unaudited first-quarter 2017 net income available to common shareholders of $88 million, or income of $0.22 per share on a diluted basis. First-quarter oil volumes of 46,100 barrels per day has since been eclipsed by higher rates. Current production is approximately 55,000 bbl/d following the startup of 14 new wells that began [...]