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WPX Energy Exceeds 2015 Deleveraging Guidance Following Sale Of San Juan Basin
Thursday, December 31, 2015 - 11:44am | 177Shares of WPX Energy Inc (NYSE: WPX) were trading higher by more than 3 percent on Thursday after the company said it has reached an agreement to sell its San Juan Basin gathering system for approximately $309 million. WPX noted that the sale increases the amount of its recent divestitures to...
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How Are Oil Companies Coping With Slump In Crude? WPX CEO Explains
Monday, March 23, 2015 - 1:58pm | 414The recent decline in oil prices is severely affecting oil exploration and production firms. Shares of WPX Energy Inc (NYSE: WPX), which has major oil positions in Williston Basin in North Dakota and the San Juan Basin in the Southwest, have declined by more than 50 percent in the last six months...