25 Feb 2015quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $420.0 million and net income of $67.0 million for the period ended 2015-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 Feb 2015substantial holder notice● Neutral
------------------------------------------------------------- SAMUEL R. SHAPIRO, ------------------------------------------------------------- SHAPIRO CAPITAL MA disclosed a new substantial WPX ENERGY, INC. shareholding (5.18% of votes).
10 Feb 2015substantial holder notice● Neutral
The Vanguard Group reported a WPX ENERGY, INC. shareholding of 12,827,935 shares (6.30% of votes) in a periodic institutional filing.
6 Feb 2015substantial holder notice● Neutral
Donald Smith & Co., Inc, Donald Smith Long/Short Equities Fund, L.P reported a WPX ENERGY, INC. shareholding of 10,694,082 shares (5.26% of votes) in a periodic institutional filing.
3 Feb 2015director interest notice● Neutral
WPX ENERGY, INC. VP and Controller Stephen L Jr. Faulkner exercised stock options for 2,118 shares and disposed of 2,921 shares.
3 Feb 2015substantial holder notice● Neutral
Donald Smith & Co., Inc, Donald Smith Long/Short Equities Fund, L.P disclosed a new substantial WPX ENERGY, INC. shareholding (5.26% of votes).
2 Feb 2015substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial WPX ENERGY, INC. shareholding (7.00% of votes).
29 Jan 2015business combination▲ GoodMajor
The Pluspetrol takeover of Apco closed on January 29, 2015 at $14.50 per share, completing the sale announced in October 2014. WPX says it receives about $294 million and is now solely focused on domestic oil and gas operations. The press release says these international holdings were 6% of third-quarter 2014 production from continuing operations and 3% of 2013 year-end proved reserves.
16 Dec 2014director interest notice● Neutral
WPX ENERGY, INC. director William G Lowrie bought 5,000 shares on the open market at $10.35.
15 Dec 2014director interest notice● Neutral
WPX ENERGY, INC. director William G Lowrie bought 5,000 shares on the open market at $10.80.
12 Dec 2014director interest notice● Neutral
WPX ENERGY, INC. director Kelt Kindick bought 10,000 shares on the open market at $11.18.
10 Dec 2014director interest notice● Neutral
WPX ENERGY, INC. SVP and CFO Vann J Kevin bought 10,000 shares on the open market at $10.86.
10 Dec 2014director interest notice● Neutral
WPX ENERGY, INC. President and CEO Muncrief Richard E bought 10,000 shares on the open market at $11.41.
9 Dec 2014director interest notice● Neutral
WPX ENERGY, INC. director William R Granberry bought 10,000 shares on the open market at $11.23.
18 Nov 2014director interest notice● Neutral
WPX ENERGY, INC. President and CEO Muncrief Richard E bought 10,000 shares on the open market at $15.56.
5 Nov 2014quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $918.0 million and net income of $219.0 million for the period ended 2014-12-31.
4 Nov 2014quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $918.0 million and net income of $219.0 million for the period ended 2014-12-31.
3 Nov 2014debt financing▲ GoodMajor
WPX replaced its June 2011 credit agreement (which would have matured November 1, 2016) with a new $1.5 billion unsecured revolving credit facility from Citibank and other lenders, maturing October 28, 2019. It can be increased by up to $300 million and includes debt-to-earnings and debt-to-capital limits. This extends the borrowing line by about three years and continues the company's existing bank facility.
29 Oct 2014director interest notice● Neutral
WPX ENERGY, INC. Senior Vice President Gaspar Clay M received a stock option grant for 220,264 shares.
17 Oct 2014substantial holder notice● Neutral
Integrated Assets II LLC, Integrated Assets, Ltd, ICS Opportunities, Ltd, Millennium International Management LP, Millennium International Management GP LLC, Millennium Management LLC, Israel A. Englander disclosed a new substantial WPX ENERGY, INC. shareholding (4.60% of votes).
7 Oct 2014business combination▲ GoodMajor
Apco Oil and Gas International, in which WPX holds about 69%, agreed to be bought by Pluspetrol for $14.50 per share in cash. WPX also accepted an offer to sell its stakes in Northwest Argentina and Apco Argentina (a 5% interest) to Pluspetrol, and the press release says WPX expects about $294 million for its international interests if the deal closes. The deal needs two-thirds of Apco shareholders, and either side can terminate if it has not closed by July 2, 2015. WPX says the Northwest and Apco Argentina interests are not material to it.
12 Sept 2014director interest notice● Neutral
WPX ENERGY, INC. Senior Vice President Bryan K Guderian sold 11,820 shares at $25.61.
10 Sept 2014securities registration● Neutral
WPX ENERGY, INC. amended its automatic shelf registration statement.
8 Sept 2014material agreement● NeutralMajor
WPX completed a $500 million offering of 5.25% senior unsecured notes due September 15, 2024, priced at par, with underwriters led by Wells Fargo, Citigroup and RBS. Interest is paid each March 15 and September 15 starting March 15, 2015. This adds a new debt layer alongside the 2017 and 2022 notes; the filing does not state what the proceeds will be used for.
4 Sept 2014director interest notice● Neutral
WPX ENERGY, INC. President and CEO Muncrief Richard E bought 10,000 shares on the open market at $26.24.
4 Sept 2014securities registration● Neutral
WPX ENERGY, INC. filed the final prospectus for a registered offering.
3 Sept 2014securities registration● Neutral
WPX ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
3 Sept 2014securities registration● Neutral
WPX ENERGY, INC. filed a free-writing prospectus - marketing material for an offering in progress.
3 Sept 2014securities registration● Neutral
WPX ENERGY, INC. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
6 Aug 2014quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $538.0 million and net income of $62.0 million for the period ended 2014-09-30.