WPX Falls Most Since Spinoff After Spending Boost: Dallas Mover
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WPX Energy Inc., the oil and natural-gas producer spun off from Williams Cos., fell the most since trading began after boosting its 2012 spending plan.
The shares dropped 7.7 percent to $14.70 at 3:05 p.m. in New York, the biggest decline since it began trading publicly on Jan. 3.