Current WPX Stock Info

Investors valued debt-adjusted growth even more in 2016
The crash in oil prices which started at the end of 2014 exposed a number of oil and gas companies that had sacrificed their balance sheet in the name of growth. Many were left over-levered and forced to sell assets or file for bankruptcy in order to make it through the ensuing downcycle.

An analysis done by EnerCom Analytics found that investors in 2016 were willing to pay an even higher premium for strong debt-adjusted growth than they were in 2014, when oil prices were above $100 pe...

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