WPX News and Press, WPX Energy Inc. From 07/19/19

The Permian Basin is one of Chevron's ( CVX ) primary growth areas, and the company has nearly doubled its resource base there in the last two years, to 16.2 billion barrels of oil equivalent ((BOE)). It successfully increased Permian oil production 34% in 2018 over 2017. Oil represents 52% ...

North Dakota's oil and gas regulator says it will ask the federal government to block Washington state from enforcing a crude-by-rail law that could prevent as much as 200K bbl/day of Bakken crude from reaching Puget Sound refineries. More news on: Continental Resources, Inc., Whiting Pe...

Alexander may have thought he was having a bad day, but it was nothing compared to what long term, buy and hold E&P investors have seemingly endured on an almost daily basis for quite a while. Several media articles have appeared recently describing the “unmitigated disaster...

Bad news is good news 5-year high in negative pre-announcements for Q2 earnings Ratings Corner. Check out this CNBC chart... Q2 earnings reporting season starts around the week of July 15; 77% of the 113 companies that have issued are showing negative earnings per share guidance. That numb...

WPX Energy (NYSE:WPX) plans to discuss its second-quarter 2019 financial and operations results during a webcast on Tuesday, Aug. 6, 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...

Wonder Why I Look at Insider Buying? This is Why This week, I noted significant insider buying activity in both Marathon Petroleum (MPC) and PBF Energy (PBF). I combined those items with the acquisition of a Shell (RDS.A) (RDS.B) refinery in California by PBF to give me enough insight to get...

Biotech Mergers and Acquisitions are Here to Stay; Here's How to Play It's difficult for the average market participant to assess biotech companies to build a position in any one stock. It is much easier to understand the economic imperative of large pharmas and biotechs to acquire smaller...

WPX Energy ( WPX +0.8% ) is initiated with a Buy rating and $15 price target at MKM Partners. citing the company's strong execution in the Delaware and Williston basins. More news on: WPX Energy, Inc., Energy stocks news, Read more ...

A year after I predicted the oil price collapse , I suggested that we were at the beginning of the end of the oil age . Both times I was told I was in wrong. In fact, I was told I was crazy. Several years later, here we are, and oil is in the midst of yet another correction. Oil stocks are...

After some ups and downs over the last several months, WTI prices are back to the same levels as 6 months ago. Yet, WPX Energy's ( WPX ) stock price dropped 23.3% over the same period of time. Data by YCharts The widening gap is surprising as most of WPX's revenues come from its oil prod...