March 23, 2017 1:28 PM ET

Oil, Gas and Consumable Fuels

Company Overview of WPX Energy, Inc.

Company Overview

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. Its principal areas of operation include the Delaware Basin in Texas and New Mexico; the Williston Basin in North Dakota; and the San Juan Basin in New Mexico and Colorado. As of December 31, 2016, the company had proved reserves of 346 million barrels of oil equivalent. WPX Energy, Inc. was incorporated in 2011 and is headquartered in Tulsa, Oklahoma.

3500 One Williams Center

Tulsa, OK 74172

United States

Founded in 2011

650 Employees



Key Executives for WPX Energy, Inc.

Chairman, Chief Executive Officer and President
Age: 57
Total Annual Compensation: $815.4K
Chief Financial Officer and Senior Vice President
Age: 45
Total Annual Compensation: $406.9K
Chief Operating Officer and Senior Vice President
Age: 44
Total Annual Compensation: $459.8K
Senior Vice President and General Counsel
Age: 53
Total Annual Compensation: $355.4K
Senior Vice President of Business Development
Age: 57
Total Annual Compensation: $404.6K
Compensation as of Fiscal Year 2015.

WPX Energy, Inc. Key Developments

WPX Energy Declares Preferred Stock Dividend, Payable on May 1, 2017

WPX Energy’s board of directors has approved a quarterly dividend of $0.78125 per share to holders of the company’s 6.25% Series A Mandatory Convertible Preferred Stock. The dividend is payable on May 1, 2017, to holders of record of the company’s preferred stock on April 13, 2017.

WPX Energy, Inc. Presents at The Raymond James 38th Annual Institutional Investors Conference 2017, Mar-06-2017 09:50 AM

WPX Energy, Inc. Presents at The Raymond James 38th Annual Institutional Investors Conference 2017, Mar-06-2017 09:50 AM. Venue: JW Marriott Grande Lakes, 4040 Central Florida Pkwy, Orlando, Florida, United States. Speakers: Tom Hellman, Vice President of Drilling and Completions.

WPX Considers Multiple Strategic Alternatives

WPX Energy, Inc. (NYSE:WPX) is considering multiple strategic alternatives. During the fourth quarter, WPX also initiated a process to evaluate strategic options for midstream infrastructure in the Delaware Basin specifically focused on crude oil gathering and natural gas processing. These options include the potential for a joint venture. WPX expects to complete this process by the end of second-quarter 2017.

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