WPX Energy Inc.
About
WPX Energy Inc. is an independent energy producer with core positions in the Permian and Williston basins. WPX’s production is approximately 80% oil/liquids and 20% natural gas. The company also has an infrastructure portfolio in the Permian Basin.
Transactions
US Shale Producers Devon, WPX Energy Agree to All-stock Merger
US Shale Producers Devon, WPX Energy Agree to All-stock Merger
WPX Energy Makes $2.5 Billion Acquisition Of Felix Energy Official
WPX Energy Makes $2.5 Billion Acquisition Of Felix Energy Official
WPX Energy Makes $2.5 Billion Acquisition Of Felix Energy Official
WPX Energy Makes $2.5 Billion Acquisition Of Felix Energy Official
Concho, WPX Divest Permian Midstream Assets In $3.6 Billion Oryx Sale
Concho, WPX Divest Permian Midstream Assets In $3.6 Billion Oryx Sale
WPX Energy Unveils $300 Million Worth Of Permian Basin A&D
WPX Energy Unveils $300 Million Worth Of Permian Basin A&D
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New Financings
Priced a public offering of $500 million of 5.875% senior notes due 2028 at 100% of par. Proceeds will be…
WPX Energy has commenced an underwritten public offering of $500 million of senior unsecured notes due…
WPX Energy has priced its public offering of $600 million of its 5.250% senior notes due 2027. The…
Announced the expected conversion rate for the company’s 6.25% series A mandatory convertible preferred…
Announced the results and early settlement of its cash tender offers to purchase up to $400 million…
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News
Flywheel Energy Acquires Terra’s Colorado Piceance Gas Assets
Flywheel Energy has quietly taken control of Terra Energy Partners’ Piceance gas asset, one of the largest in the basin, in a confidential deal. The deal expands Flywheel’s private natural gas empire beyond Arkansas’ Fayetteville Shale.
Terra Team Launches New E&P with $300MM in Kayne Anderson Backing
Team members from Terra Energy Partners, a major Piceance Basin gas producer, are launching Terra II with backing from Kayne Anderson.
Devon Makes Operational Overhaul Amid Oil Market Volatility
Facing headwinds from falling oil prices, Devon Energy aims to reduce costs through several operational and corporate changes.
Q&A: Where There’s a Williams, There’s a Way for Gas
Midstream giant Williams Cos. leads the natural gas bulls on the great infrastructure buildout, President and CEO Alan Armstrong tells Hart Energy.
Devon Energy’s John Krenicki to Retire from Board
Krenicki plans to focus on his full-time responsibilities as vice chairman at private equity firm CD&R, Devon Energy said
Devon CEO Muncrief to Retire, COO Gaspar to Take Top Job in March
Devon Energy President and CEO Rick Muncrief, who has led Devon during past four years, will retire March 1. The board named COO Clay Gaspar as his successor.
Helmerich & Payne Announces New CFO J. Kevin Vann
H&P’s current CFO Mark W. Smith is set to retire Aug. 15.
Laying in Wait: San Juan’s ‘Remarkable’ Mancos Shale Oil Wells
The past decade has been difficult for the San Juan Basin, which suffered from a lack of activity and exits by major operators. But experts say inventory-hungry operators shouldn’t overlook the San Juan’s long-term potential.
There and Back Again: Rick Muncrief and Devon Energy’s Permian Journey
President and CEO Rick Muncrief details Devon's course since its merger with WPX Energy; its deals in the Eagle Ford and Bakken; and the almighty dividend.
Devon, WPX Energy Shareholders Approve $5.75 Billion All-stock Merger
The combined company—to be named Devon Energy—is set to create a leading unconventional oil producer in the U.S. with a dominant Delaware Basin acreage position, according to a joint release from September announcing the proposed merger.
PATH FORWARD Recap: Memorable Year for Oil and Gas
Today Hart Energy is highlighting a batch of interviews from the past year featuring oil and gas industry icons such as shale pioneer Harold Hamm and Halliburton CEO Jeff Miller plus experts Tom Petrie and Daniel Yergin that our editors think are worth another look.
Oil and Gas Investor A&D Trends: Welcome to 2020
In one frame, bankruptcies continued to unravel debt-laden E&Ps. Opposite that, massive megadeals fused together oil and gas companies into Permian Basin behemoths.
Oil and Gas Investor: How to Delaware Today
Securing federal drilling permits, further proving the merits of midspacing wells, making free cash flow, achieving scale and finding an exit or, if not, how to go forward otherwise. Here’s what’s on the minds of oil and gas operators in the Delaware Basin today.
Shale Producers Diamondback, WPX Energy Post Third Straight Quarterly Loss
Shale drillers Diamondback Energy Inc. and WPX Energy Inc. reported third straight quarterly losses on Nov. 2, as coronavirus-induced lockdowns hammered crude prices.
Best of This Week’s Drilling Activity Highlights (Oct. 16, 2020)
A Bone Spring discovery by WPX Energy within the Permian Basin in Loving County, Texas, plus EOG Resources’ horizontal Wolfcamp Shale producers from a Phantom Field wellpad top this week’s drilling activity highlights from around the world.