Wednesday, November 27, 2024

WPX Plans 30% Production Growth and Free Cash in 2019

May sell pipeline interests to fund additional CapEx WPX Energy (ticker: WPX) announced third quarter results today, showing a net loss of $7 million, or ($0.01) per share. This loss was due to WPX’s derivative losses, as if these and other special charges are excluded the company earned an adjusted $29 million in Q3. WPX produced 123.8 MBOEPD in Q3,