Current WPX Stock Info

Industry-wide divestiture levels were down on a year-over-year basis in 2015, but WPX Energy (ticker: WPX) did more than its fair share on the mergers and acquisitions front.

On December 31, 2015, the Tulsa-based exploration and production company announced the sale of its gathering system in the San Juan Basin for approximately $309 million. In accordance with the transaction, WPX exceeded its 2015 deleveraging plan which aimed to divest anywhere from $400 to $500 million in assets before year-end 2015. Its sale process is listed below and ...

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