-
WPX Energy Crashed 25%
Wednesday, January 20, 2016 - 1:05pm | 258Shares of WPX Energy Inc (NYSE: WPX), a natural gas and oil exploration and production company, hit a new 52-week low of $2.53 after the company disclosed it has added more hedges to protect its cash flows. Shares of WPX Energy were halted for trading three times and were trading lower by more...
-
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...
-
Dow Suffers Worst One-Day Performance In 2014, Volatility Returns To The Markets
Thursday, October 9, 2014 - 4:55pm | 2188U.S. stocks plunged with the Dow, shedding more than 300 points, suffering the worst single day performance of the year. Despite the 300-plus point loss, both the S&P 500 and Nasdaq saw higher losses on a percentage basis as the CBOE Volatility Index surged over 24 percent to 18.76....
-
Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...