10 Sept 2019securities registration● Neutral
WPX ENERGY, INC. filed a free-writing prospectus - marketing material for an offering in progress.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Sept 2019substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP reported a WPX ENERGY, INC. shareholding of 22,854,457 shares (5.41% of votes) in a periodic institutional filing.
6 Aug 2019quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $795.0 million and net income of $121.0 million for the period ended 2019-09-30.
5 Aug 2019quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $795.0 million and net income of $121.0 million for the period ended 2019-09-30.
21 May 2019agm notice● Neutral
WPX ENERGY, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 May 2019quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $695.0 million and net income of $305.0 million for the period ended 2019-06-30.
1 May 2019quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $695.0 million and net income of $305.0 million for the period ended 2019-06-30.
23 Apr 2019debt financing▲ Good
On April 22, 2019, WPX made a third amendment to its credit agreement, letting it choose annual rather than semi-annual borrowing base reviews during a collateral trigger period if its net leverage ratio is 3.00x or less and the unused cushion between borrowing base and elected commitments is at least 25%. It also changes the asset-sale threshold that triggers a borrowing base review. This is a technical loosening of terms on the facility amended in April 2018; no new borrowing amounts are stated.
27 Mar 2019agm notice● Neutral
WPX ENERGY, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
27 Mar 2019agm notice● Neutral
WPX ENERGY, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
20 Feb 2019quarterly activities report▼ Bad
WPX ENERGY, INC. reported quarterly revenue of $359.0 million and a net loss of $48.0 million for the period ended 2019-03-31.
12 Feb 2019substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP reported a WPX ENERGY, INC. shareholding of 44,708,178 shares (10.64% of votes) in a periodic institutional filing.
11 Feb 2019substantial holder notice● Neutral
The Vanguard Group reported a WPX ENERGY, INC. shareholding of 37,901,237 shares (9.01% of votes) in a periodic institutional filing.
6 Feb 2019substantial holder notice● Neutral
BlackRock, Inc reported a WPX ENERGY, INC. shareholding of 35,068,087 shares (8.30% of votes) in a periodic institutional filing.
1 Nov 2018quarterly activities report● Neutral
WPX ENERGY, INC. reported quarterly revenue of $1022.0 million and net income of $354.0 million for the period ended 2018-12-31.
31 Oct 2018quarterly activities report▼ Bad
WPX ENERGY, INC. reported quarterly revenue of $484.0 million and a net loss of $7.0 million for the period ended 2018-09-30.
10 Oct 2018substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP reported a WPX ENERGY, INC. shareholding of 45,241,727 shares (10.77% of votes) in a periodic institutional filing.
21 Aug 2018substantial holder notice● Neutral
Selz Capital LLC disclosed a new substantial WPX ENERGY, INC. shareholding (0.00% of votes).
2 Aug 2018quarterly activities report▼ Bad
WPX ENERGY, INC. reported quarterly revenue of $484.0 million and a net loss of $7.0 million for the period ended 2018-09-30.
1 Aug 2018quarterly activities report▼ Bad
WPX ENERGY, INC. reported quarterly revenue of $484.0 million and a net loss of $7.0 million for the period ended 2018-09-30.
30 July 2018listing compliance notice● NeutralMajor
WPX ENERGY, INC.'s exchange filed to remove a class of its securities from listing.
23 May 2018material agreement● NeutralMajor
On May 23, 2018, WPX completed a $500 million registered offering of 5.750% Senior Notes due June 1, 2026, priced at par, with interest paid semi-annually starting December 1, 2018. The filing does not state what the proceeds will be used for.
11 May 2018securities registration● Neutral
WPX ENERGY, INC. filed the final prospectus for a registered offering.
10 May 2018securities registration● Neutral
WPX ENERGY, INC. filed a free-writing prospectus - marketing material for an offering in progress.
9 May 2018securities registration● Neutral
WPX ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
3 May 2018quarterly activities report▼ Bad
WPX ENERGY, INC. reported quarterly revenue of $430.0 million and a net loss of $81.0 million for the period ended 2018-06-30.
2 May 2018quarterly activities report▼ Bad
WPX ENERGY, INC. reported quarterly revenue of $430.0 million and a net loss of $81.0 million for the period ended 2018-06-30.
20 Apr 2018debt financing▲ GoodMajor
On April 17, 2018, WPX amended its Wells Fargo-led credit agreement (originally March 2016): maturity extended to April 17, 2023 (with a springing maturity of October 15, 2021 tied to the 2022 notes), interest rates lowered, borrowing base raised to $1.8 billion, and elected commitments raised to $1.5 billion. The secured-debt covenant is replaced during a collateral trigger period by a maximum net debt to EBITDAX of 4.25x, and the company gains room to refinance or redeem its existing senior notes, subject to conditions.
30 Mar 2018asset acquisition disposition▲ GoodMajor
On March 28, 2018, WPX completed the sale of its New Mexico oil and gas assets (the Gallup assets) to Enduring Resources IV for $700 million before closing adjustments, resolving the pending sale announced in February. This completes WPX's exit from San Juan Basin operations, though it keeps a performance guarantee on certain midstream obligations the buyer assumed, which the company says it believes is highly unlikely to be called on and not material.
29 Mar 2018agm notice● Neutral
WPX ENERGY, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).