Inactive Instrument

WPX Energy, Inc.

Equities

WPX

US98212B1035

Oil & Gas Exploration and Production

Wpx Energy, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020

July 29, 2020 at 04:15 pm EDT

WPX Energy, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 33 million compared to USD 695 million a year ago. Operating loss was USD 471 million compared to operating Income of USD 181 million a year ago. Net loss was USD 409 million compared to net income of USD 305 million a year ago. Basic loss per share from continuing operations was USD 0.74 compared to basic earnings per share from continuing operations of USD 0.72 a year ago. Basic loss per share was USD 0.73 compared to basic earnings per share of USD 0.72 a year ago. For the half year, total revenue was USD 1,431 million compared to USD 1,054 million a year ago. Operating loss was USD 697 million compared to operating Income of USD 32 million a year ago. Net loss was USD 797 million compared to net income of USD 257 million a year ago. Basic loss per share from continuing operations was USD 1.22 compared to basic earnings per share from continuing operations of USD 0.61 a year ago. Basic loss per share was USD 1.57 compared to basic earnings per share of USD 0.61 a year ago.

Latest news about WPX Energy, Inc.

Devon Energy Corporation Completes Private Offers to Exchange Any and All of its Approximately $2.0 Billion Aggregate Principal Amount of Outstanding Notes	21-06-09	CI
WPX Energy Announces Early Redemption of $700 Million of Senior Notes	21-03-11	CI
Continental Resources sees higher 2021 output as oil recovery heats up	21-02-16	RE
WPX Energy, Inc.(NYSE:WPX) dropped from S&P Global BMI Index	21-01-07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P TMI Index	21-01-07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P 400 Oil, Gas & Consumable Fuels	21-01-07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P 1000	21-01-07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P 400 Oil & Gas Exploration & Production (Sub Ind)	21-01-07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P 400 Energy	21-01-07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P Composite 1500	21-01-07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P 400	21-01-07	CI
Devon Energy Corporation completed the acquisition of WPX Energy, Inc. from EnCap Investments L.P., BlackRock, Inc., The Vanguard Group, Inc., Felix Energy Holdings II, LLC and others in a merger of equals transaction.	21-01-06	CI
WPX Energy, Inc.'s Equity Buyback announced on August 5, 2019, has expired.	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 1000 Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 3000 Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 1000 Value Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 2500 Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell Midcap Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell Small Cap Completeness Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell Small Cap Comp Value Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 2500 Value Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 3000 Value Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell Midcap Value Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 3000E Index	21-01-06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 3000E Value Index	21-01-06	CI

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Company Profile

WPX Energy, Inc. is an oil and natural gas exploration and production company. The Company is engaged in the exploitation and development of unconventional properties. It operates in the exploration and production segment of the oil and gas industry and its operations are conducted in the United States. It is focused on exploiting, developing and growing its oil positions in the Delaware Basin (a subset of the Permian Basin) in Texas and New Mexico and the Williston Basin in North Dakota. As of December 31, 2019, it operated 688 wells in the Delaware Basin and owned interests in 787 wells operated by others. As of December 31, 2019, it held approximately 122,000 acres in the Delaware Basin, with operations located in Eddy, Lea and Chaves Counties in New Mexico and Loving, Pecos, Reeves, Ward and Winkler Counties in Texas. Its activity in the Delaware Basin is focused on the Wolfcamp Shale formation, the Bone Spring interval and the Delaware sand interval.

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Oil & Gas Exploration and Production

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