WPX Energy to Host Feb. 25 Webcast
WPX Energy (NYSE: WPX) plans to discuss its fourth quarter and year-end
2015 financial and operations results during a webcast on Thursday
morning, Feb. 25, beginning at 10 a.m. Eastern.
Investors are encouraged to access the event and the corresponding
slides at www.wpxenergy.com.
A replay of the webcast will be available on WPX’s website for one year
following the event.
Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay
Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s
Additional details for investors who wish to access the conference via
phone will be available at www.wpxenergy.com
prior to the event and included in the company’s year-end results
Prior to year-end, WPX exceeded its 2015 deleveraging target via an
agreement to divest its San Juan Basin gathering system for
consideration of approximately $309 million. WPX expects to close the
transaction in first-quarter 2016.
About WPX Energy, Inc.
WPX is a domestic energy producer with operations in the western United
States. The company has transformed its portfolio through more than $4.5
billion of transactions over the past 20 months, including the
acquisition of a considerable position in the core of the Permian’s
This press release includes “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical facts, included in this
press release that address activities, events or developments that the
company expects, believes or anticipates will or may occur in the future
are forward-looking statements. Such statements are subject to a number
of assumptions, risks and uncertainties, many of which are beyond the
control of the company. Statements regarding future drilling and
production are subject to all of the risks and uncertainties normally
incident to the exploration for and development and production of oil
and gas. These risks include, but are not limited to, the
volatility of oil, natural gas and NGL prices; uncertainties inherent in
estimating oil, natural gas and NGL reserves; drilling risks;
environmental risks; and political or regulatory changes. Investors
are cautioned that any such statements are not guarantees of future
performance and that actual results or developments may differ
materially from those projected in the forward-looking statements. The
forward-looking statements in this press release are made as of the date
of this press release, even if subsequently made available by WPX Energy
on its website or otherwise. WPX Energy does not undertake and
expressly disclaims any obligation to update the forward-looking
statements as a result of new information, future events or otherwise.
Investors are urged to consider carefully the disclosure in our
filings with the Securities and Exchange Commission, available from us
at WPX Energy, Attn: Investor Relations, P.O. Box 21810, Tulsa,
Okla., 74102, or from the SEC’s website at www.sec.gov.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160111005896/en/
Copyright Business Wire 2016
Source: Business Wire
(January 11, 2016 - 11:00 AM EST)
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