WPX Energy, Inc. (NYSE: WPX)
Company Overview
WPX Energy, headquartered in Tulsa, OK, is an independent energy producer with core positions in the Permian and Williston basins. WPX’s production is approximately 80 percent oil/liquids and 20 percent natural gas. The company also has an emerging infrastructure portfolio in the Permian Basin.
WPX was early to position itself to beat the Permian takeaway bottleneck with strategic partnerships and JV’s. Read more about what exactly WPX has done and what it’s COO Clay Gaspar had to say in an Oil and Gas 360 exclusive interview.
Summary
- Q1-2018 Revenue: $388 million
- Q1-2018 Production: 103 (MBOE/day)
- Total Common Stock Outstanding: 400 million
- Enterprise Value: $9.5 billion
- Total Debt: $2.6 billion
- 1P Reserves: 436 MMboe
- Operating Margin: +5.15%
Management Team
Richard E. Muncrief – Chairman, CEO
Clay M. Gaspar – President, COO
Kevin Vann – Executive Vice President, CFO
Dennis C. Cameron – Senior Vice President, General Counsel
Bryan K. Guderian – Executive Vice President, Business Development
The Oil and Gas Conference®
WPX Energy is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.