WPX News and Press, WPX Energy Inc. From 04/12/19

Shares of Permian Basin shale players including Pioneer Natural Resources ( PXD +11.3% ), Concho Resources ( CXO +8.7% ) and Noble Energy ( NBL +7.4% ) are surging on hopes that Chevron's ( CVX -5.2% ) $33B bid for Anadarko ( APC +32.1% ) may herald a new buying spree. More n...

Energy names are jumping across the board following Chevron's $33B cash and stock takeover offer for Anadarko Petroleum, seeking to strengthen its position in the shale business where APC is strong. More news on: Laredo Petroleum, Inc., Murphy Oil Corporation, Pioneer Natural Resources C...

The Permian Basin is producing so much natural gas that by the end of last year, oil and gas companies were burning off more than enough of the fuel to meet residential demand for the entire state of Texas, Bloomberg reports. More news on: Pioneer Natural Resources Company, EOG Resources...

WPX Energy (NYSE:WPX) plans to discuss its first-quarter 2019 financial and operations results during a webcast on Thursday, May 2, 2019, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will d...

Waha and El Paso Permian cash natural gas prices traded in positive territory today for the first time in more than two weeks , S&P Global Platts reports, as a decline in regional production and the end of maintenance coincided. More news on: EOG Resources, Inc., Pioneer Natural ...

After a few flattish weeks, midstream grinded higher this week, finishing up 1.2%. Midstream lagged oil prices, energy stocks and the S&P 500. The U.S. 10-year treasury rate bounced back up to 2.50%, and utilities underperformed. This week's gains across the board pushed the S&P 500 ...

Washington state lawmakers may soon approve a bill which could put 150K bbl/day of Bakken crude at risk of being moved through the state, potentially causing a major adjustment in domestic crude flows, S&P Global Platts reports. More news on: Continental Resources, Inc., Whiting...

Next-day natural gas prices at the Waha hub in west Texas extend their slide into record negative levels , as spot prices fell to negative $3.38/MMBtu for Wednesday, easily beating the previous all-time next-day low of negative $1.99/MMBtu set last week . More news on: The United States ...

Concho Resources (NYSE: CXO ), WPX Energy (NYSE: WPX ), Quantum Energy Partners and Post Oak Energy Capital agree to sell their Oryx holdings in the Permian Basin to Stonepeak Infrastructure Partners for ~$3.6B in cash. More news on: Concho Resources Inc., WPX Energy, Inc., Energy s...

WPX to receive approximately $350 million in net proceeds for its 25% interest in Oryx II A subsidiary of WPX Energy (NYSE: WPX) and its joint venture partner in the Oryx II pipeline have signed agreements to sell the project. Closing is expected in the second quarter. Upon close,...