Inactive Instrument

WPX Energy, Inc.

Equities

WPX

US98212B1035

Oil & Gas Exploration and Production

WPX Energy, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2020

November 03, 2020 at 02:45 am IST

WPX Energy, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2020. For the quarter, the company announced total revenue of USD 473 million compared to USD 795 million a year ago. Operating loss was USD 114 million compared to operating income of USD 242 million a year ago. Net loss was USD 155 million compared to net income of USD 121 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to basic earnings per share from continuing operations of USD 0.29 a year ago. Basic loss per share was USD 0.28 compared to basic earnings per share of USD 0.29 a year ago. For the nine months, total revenue was USD 1,904 million compared to USD 1,849 million a year ago. Operating loss was USD 811 million compared to operating income of USD 274 million a year ago. Net loss was USD 949 million compared to net income of USD 378 million a year ago. Basic loss per share from continuing operations was USD 1.46 compared to basic earnings per share from continuing operations of USD 0.90 a year ago. Basic loss per share was USD 1.81 compared to basic earnings per share of USD 0.90 a year ago.

Latest news about WPX Energy, Inc.

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WPX Energy, Inc.(NYSE:WPX) dropped from S&P 1000	07/21/07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P 400 Oil & Gas Exploration & Production (Sub Ind)	07/21/07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P 400 Energy	07/21/07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P Composite 1500	07/21/07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from S&P 400	07/21/07	CI
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WPX Energy, Inc.'s Equity Buyback announced on August 5, 2019, has expired.	07/21/07	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 1000 Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 3000 Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 1000 Value Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 2500 Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell Midcap Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell Small Cap Completeness Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell Small Cap Comp Value Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 2500 Value Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 3000 Value Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell Midcap Value Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 3000E Index	06/21/06	CI
WPX Energy, Inc.(NYSE:WPX) dropped from Russell 3000E Value Index	06/21/06	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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