Post Tagged with: "WPX"

WPX Energy to Host May 2 Webcast

WPX Energy to Host May 2 Webcast

April 9, 2019 - 1:58 pm 360 Company Releases
New Permian Deal: Stonepeak Buys Oryx Midstream for $3.6 Billion Cash

New Permian Deal: Stonepeak Buys Oryx Midstream for $3.6 Billion Cash

Permian Basin E&Ps WPX, Concho to cash in on transaction Oryx plans to “aggressively grow our footprint in the Permian Basin” “Oryx is the most attractive private Permian midstream asset Stonepeak has evaluated” Affiliates of Quantum Energy Partners, Post Oak Energy Capital, Concho Resources (stock ticker: CXO, $CXO), WPX Energy (stock ticker: WPX, $WPX) and other investors announced today that they have entered into a binding agreement to sell substantially all of the assets of Oryx Southern Delaware Holdings LLC and Oryx Delaware Holdings LLC to funds managed by Stonepeak Infrastructure Partners for a cash purchase price of approximately $3.6 billion. Stonepeak Infrastructure Partners is an infrastructure-focused private equity firm with over $15 billion of assets under management in Houston, New York, and Austin. In a statement Stonepeak said it sees the Oryx crude oil transportation services as its way to capitalize on the coming Permian Basin production growth. Stonepeak[Read More…]

WPX Energy Announces Second Midstream Monetization in 2019

WPX Energy Announces Second Midstream Monetization in 2019

April 2, 2019 - 7:00 am 360 Company Releases

Statement of changes in beneficial ownership of securities – Form 4

Statement of changes in beneficial ownership of securities – Form 4

April 2, 2019 - 3:00 am 360 Company Releases

Additional proxy soliciting materials – definitive – Form DEFA14A

Additional proxy soliciting materials – definitive – Form DEFA14A

March 27, 2019 - 3:00 am 360 Company Releases

Official notification to shareholders of matters to be brought to a vote (Proxy) – Form DEF 14A

Official notification to shareholders of matters to be brought to a vote (Proxy) – Form DEF 14A

March 27, 2019 - 3:00 am 360 Company Releases

Amendment to a previously filed Form 4 – Form 4/A

Amendment to a previously filed Form 4 – Form 4/A

March 27, 2019 - 3:00 am 360 Company Releases

Amendment to a previously filed Form 4 – Form 4/A

Amendment to a previously filed Form 4 – Form 4/A

March 27, 2019 - 3:00 am 360 Company Releases

Statement of changes in beneficial ownership of securities – Form 4

Statement of changes in beneficial ownership of securities – Form 4

March 5, 2019 - 3:00 am 360 Company Releases

Statement of changes in beneficial ownership of securities – Form 4

Statement of changes in beneficial ownership of securities – Form 4

February 26, 2019 - 3:00 am 360 Company Releases
WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

WPX: “We Are Upping Our Game”

CapEx plan drops 23%, funded at $50 WTI By Richard Rostad, analyst, Oil & Gas 360 WPX Energy (ticker: WPX) announced fourth quarter results and reserves today, showing net income of $353 million, or $0.83 per share. This result was primarily due to derivatives, and if these and other special charges are excluded, WPX earned an adjusted net income of $9.0 million in the quarter. WPX produced 156.4 MBOEPD in Q4, up 61% from WPX’s divestiture-adjusted Q4 2017 output. Yearly output shows similar growth, as the 127.1 MBOEPD the company produced in 2018 is 64% higher than 2017’s production. WPX now holds 479.3 MMBOE in reserves, 61% of which are oil. If divestitures are excluded, WPX replaced 308% of its 2018 production. Permian … Login or click here to subscribe Username or E-mail Password Remember Me     Forgot Password

Annual report with a comprehensive overview of the company – Form 10-K

Annual report with a comprehensive overview of the company – Form 10-K

February 21, 2019 - 3:00 am 360 Company Releases

Glancy Prongay & Murray LLP Continues Investigation on Behalf of WPX Energy, Inc. (WPX) Investors

Glancy Prongay & Murray LLP Continues Investigation on Behalf of WPX Energy, Inc. (WPX) Investors

February 20, 2019 - 5:01 pm 360 Company Releases

WPX Energy Reports 4Q and Full-Year 2018 Results

WPX Energy Reports 4Q and Full-Year 2018 Results

February 20, 2019 - 4:15 pm 360 Company Releases

Report of unscheduled material events or corporate changes – Form 8-K

Report of unscheduled material events or corporate changes – Form 8-K

February 20, 2019 - 3:00 am 360 Company Releases

New Research: Key Drivers of Growth for WPX Energy, ACADIA Pharmaceuticals, Lexicon Pharmaceuticals, MobileIron, Arrow Electronics, and Abeona Therapeutics – Factors of Influence, Major Initiatives and Sustained Production

New Research: Key Drivers of Growth for WPX Energy, ACADIA Pharmaceuticals, Lexicon Pharmaceuticals, MobileIron, Arrow Electronics, and Abeona Therapeutics – Factors of Influence, Major Initiatives and Sustained Production

February 13, 2019 - 8:15 am 360 Company Releases

Amendment to the SC 13G filing – Form SC 13G/A

Amendment to the SC 13G filing – Form SC 13G/A

February 12, 2019 - 3:00 am 360 Company Releases

Amendment to the SC 13G filing – Form SC 13G/A

Amendment to the SC 13G filing – Form SC 13G/A

February 11, 2019 - 3:00 am 360 Company Releases

Amendment to the SC 13G filing – Form SC 13G/A

Amendment to the SC 13G filing – Form SC 13G/A

February 6, 2019 - 3:00 am 360 Company Releases
WPX Energy, Catalyst Midstream Partners, LLC Delaware basin Joint Venture construction. Pipeline construction near Tucker Draw wells. Phoenix rig 10, left and H&P rig 566, right.

Control of Infrastructure Shifting in the Permian

Crude, NGL, Natural gas pipeline ownership changing By Richard Rostad, analyst, Oil & Gas 360 Several Permian midstream assets changed hands today, changing the landscape for producers that are only now seeing relief from the punishing differentials of 2018. EPIC Midstream, which is building a crude and NGL pipeline transporting production from the Permian to the Gulf, has seen ownership changes in both its in-progress lines. Several major shippers in the line have exercised their options to acquire additional equity in the lines, in deals that will close in February. Noble Midstream Partners, Altus Midstream and Rattler Midstream have all acquired interest in the crude pipeline, receiving 30%, 15% and 10%, respectively. Noble Midstream also acquired a 15% stake in EPIC’s NGL line. Noble Midstream reports its total cash equity investment will be about $340 million in the crude line and $172.5 million for the NGL line, implying an overall[Read More…]

WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

WPX Slashes 2019 CapEx

Spending down 23% production growth down 8% By Richard Rostad, analyst, Oil & Gas 360 WPX Energy (stock ticker: WPX) is tapping the brakes on its growth plans, becoming the latest oil company to moderate guidance in the face of lower oil prices. WPX first released 2019 guidance in its Q3 earnings report in late October. WTI was $65.31 at the time, down moderately from the $76.41 reached in early October but well above both the $42.53 seen in late December and the current price of $54.48. The sustained decline in prices has forced WPX to reevaluate its capital plans, as the company assumed $65 oil. The new capital plan assumes $50 WTI, a much safer assumption based on the past month. WPX has significantly decreased its expected 2019 capital spending, dropping CapEx from $1.55 billion to a midpoint of $1.19 billion, a 23% drop. The company will release two[Read More…]

WPX Energy President to Speak at Credit Suisse Conference

WPX Energy President to Speak at Credit Suisse Conference

February 4, 2019 - 7:50 am 360 Company Releases

WPX Energy Signs Sales Worth More Than $200 Million

WPX Energy Signs Sales Worth More Than $200 Million

February 4, 2019 - 7:30 am 360 Company Releases

WPX Energy Reduces 2019 Capital Plan

WPX Energy Reduces 2019 Capital Plan

February 4, 2019 - 7:25 am 360 Company Releases

Bakken to Permain- Elliott Gue’s Top Plays for Energy Gains

Bakken to Permain- Elliott Gue’s Top Plays for Energy Gains

January 31, 2019 - 12:00 am 360 Company Releases

Statement of changes in beneficial ownership of securities – Form 4

Statement of changes in beneficial ownership of securities – Form 4

January 18, 2019 - 3:00 am 360 Company Releases

WPX Energy to Host Feb. 21 Webcast

WPX Energy to Host Feb. 21 Webcast

January 9, 2019 - 4:15 pm 360 Company Releases

Statement of changes in beneficial ownership of securities – Form 4

Statement of changes in beneficial ownership of securities – Form 4

December 4, 2018 - 5:40 pm 360 Company Releases

Initial statement of beneficial ownership of securities – Form 3

Initial statement of beneficial ownership of securities – Form 3

November 26, 2018 - 2:25 pm 360 Company Releases

Recent Analysis Shows WPX Energy, Verizon Communications, Innovative Industrial Properties, Foamix Pharmaceuticals, O2Micro International, and Investment Technology Group Market Influences – Renewed Outlook, Key Drivers of Growth

Recent Analysis Shows WPX Energy, Verizon Communications, Innovative Industrial Properties, Foamix Pharmaceuticals, O2Micro International, and Investment Technology Group Market Influences – Renewed Outlook, Key Drivers of Growth

November 13, 2018 - 2:25 pm 360 Company Releases