How much is a share of WPX worth?
One share of WPX stock can currently be purchased for approximately $9.43. How much money does WPX Energy make? WPX Energy has a market capitalization of $5.29 billion and generates $2.29 billion in revenue each year. The oil and gas producer earns $256 million in net income (profit) each year or $0.33 on an earnings per share basis.
What is WPX Energy's stock symbol?
WPX Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPX." Who are WPX Energy's major shareholders? WPX Energy's stock is owned by many different retail and institutional investors. Top institutional investors include BNP Paribas Arbitrage SA (0.01%).
What happened to WPX common stock after the merger?
In accordance with the merger agreement, WPX shareholders received a fixed exchange of 0.5165 shares of Devon common stock for each share of WPX common stock owned. WPX common stock will no longer be listed for trading on the NYSE. The company’s combined new board of directors consists of 12 members:
When does the Devon Energy and WPX Energy merger close?
Dec 31, 2020 1:52AM EST D evon Energy and WPX Energy on Dec. 30 both announced that their shareholders approved the all-stock merger between the two companies. Shares of Devon rose 5.4% and WPX gained 6.1% at the close on Wednesday. The merger is expected to close on Jan. 7, 2021.
Who bought WPX Energy?
Devon EnergyDevon Energy has completed its acquisition of rival WPX Energy, creating one of the nation's largest shale players with a dominant position in West Texas. S&P Global Platts valued the transaction at $5.8 billion.
Is WPX now dvn?
Devon Energy (NYSE:DVN) and WPX Energy (NYSE:WPX) say they have successfully completed their previously announced all-stock merger of equals. The combined company will operate under the name Devon Energy and be headquartered in Oklahoma City.
Where is WPX?
Tulsa, OklahomaWPX Energy, Inc. Tulsa, Oklahoma, U.S.
What stock is WPX?
Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the successful completion of their previously announced all-stock merger of equals, creating...
Did Devon buy WPX?
US-based Devon Energy has completed its previously announced all-stock merger of equals with WPX Energy, creating a leading energy producer in the country. The transaction closed around a week after the shareholders of both companies approved the merger with a clear majority.
When did Devon and WPX merge?
Devon Energy and WPX Energy Complete Merger of Equals Transaction. OKLAHOMA CITY and TULSA, Okla., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc.
What is Wpx?
WPX Hosting is one of the most affordable and fastest managed WP hosting providers. WPX Hosting's pricing starts from $24/month which is quite less than Pagely and WP Engine. At this price, you get superior page loading times, high-spec SSD servers, and 24/7 customer support with a 30-second average response time.
What is a Wpx shipment?
WPX - DHL Express Worldwide (nondoc): International express shipping of dutiable shipments outside the EU with delivery before 18:00 on the next possible business day.
What does WPX Energy do?
WPX Energy Inc. is an independent energy producer with core positions in the Permian and Williston basins. WPX's production is approximately 80% oil/liquids and 20% natural gas. The company also has an infrastructure portfolio in the Permian Basin.
Is WPX stock a good buy?
Community Sentiment. WPX Energy has received 70.61% “outperform” votes from our community.
Who bought out Devon?
Banpu Kalnin VenturesDevon Energy has sold its natural gas assets in the Fort Worth area to Denver-based Banpu Kalnin Ventures for $570 million.
How were WPX Energy's earnings last quarter?
WPX Energy, Inc. (NYSE:WPX) released its quarterly earnings data on Thursday, November, 5th. The oil and gas producer reported $0.11 earnings per s...
Who are WPX Energy's key executives?
WPX Energy's management team includes the following people: Mr. Richard E. Muncrief , CEO & Chairman (Age 61, Pay $3.09M) Mr. Clay M. Gaspar ,...
Who are some of WPX Energy's key competitors?
Some companies that are related to WPX Energy include ConocoPhillips (COP) , EOG Resources (EOG) , Pioneer Natural Resources (PXD) , Devon Ener...
What other stocks do shareholders of WPX Energy own?
Based on aggregate information from My MarketBeat watchlists, some companies that other WPX Energy investors own include Micron Technology (MU) ,...
What is WPX Energy's stock symbol?
WPX Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPX."
What is WPX Energy's stock price today?
One share of WPX stock can currently be purchased for approximately $9.43.
How much money does WPX Energy make?
WPX Energy (NYSE:WPX) has a market capitalization of $5.29 billion and generates $2.29 billion in revenue each year. The oil and gas producer earns...
How many employees does WPX Energy have?
WPX Energy employs 590 workers across the globe.
What is WPX Energy's official website?
The official website for WPX Energy is www.wpxenergy.com .
What are some similar stocks to Wpx Energy?
If you're looking for stocks that are quantitatively similar to Wpx Energy Inc, a group of peers worth examining would be MRO, MUR, CNX, SM, and MTDR.
Where is WPX located?
The Company is engaged in the exploitation and development of unconventional properties. The company was founded in 2011 and is based in Tulsa, Oklahoma.
When will Devon and WPX merge?
Shares of Devon rose 5.4% and WPX gained 6.1% at the close on Wednesday. The merger is expected to close on Jan. 7, 2021. At the special meeting held on Dec. 30, over 99% of the votes cast by Devon's and WPX's shareholders were in favour of the merger. “This is an important milestone as we move toward uniting our complementary assets to create a leading U.S.
Is WPX on review?
Moody's expects to resolve its review of WPX's ratings once Devon's intentions are known.
Is Devon Energy a WPX?
OKLAHOMA CITY and TULSA, OK (STL.News) Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc . (“WPX”) (NYSE: WPX) today announced the successful completion of their previously announced all-stock merger of equals, creating a leading energy producer in the U.S., with an asset base underpinned by a premium acreage position in the economic core of the Delaware Basin. The combined company will operate under the name Devon Energy and be headquartered in Oklahoma City, Oklahoma. Continue reading Devon Energy & WPX Energy Complete Merger of Equals Transaction at STL News.
What happened
Shares of WPX Energy ( WPX ) rallied more than 10% by 2 p.m. EST on Monday. Fueling the energy stock was its plan to acquire privately held Felix Energy as well as initiate a dividend.
So what
WPX Energy sealed a deal to buy Felix Energy from the private equity company that founded it for $2.5 billion in cash and stock. WPX will issue 153 million shares to EnCap Investments, currently valued at $1.6 billion.
NYSE: WPX
With the transaction enhancing WPX Energy's ability to generate free cash flow, it will allow the company to initiate a dividend. The driller plans to pay $0.10 per share on an annualized basis, which implies a 0.8% yield at the current stock price.
Now what
WPX Energy is bucking a recent trend in the oil patch as its stock is rising after announcing a deal, whereas most of its peers have seen their shares plunge upon unveiling a transaction. That's because it got Felix for a bargain price of just 3.5 times 2020 earnings assuming $50 oil.
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When will Devon and WPX merge?
The merger is expected to close on Jan. 7, 2021. At the special meeting held on Dec. 30, over 99% of the votes cast by Devon's and WPX's shareholders were in favour of the merger.
What percentage of Devon's shareholders were in favour of the merger?
At the special meeting held on Dec. 30, over 99% of the votes cast by Devon's and WPX's shareholders were in favour of the merger.
