WPX News and Press, WPX Energy Inc. From 09/30/20

NEW YORK, NY / ACCESSWIRE / September 30, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating: BMC Stock Holdings, Inc. (NASDAQ:BMCH) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Build...

The oil industry has an abysmal track record of creating value for investors, especially when it comes to merger-and-acquisition (M&A) transactions. Recent deals have caused financial ruin because most companies were too bullish on their oil price assumptions, which came b...

Gainers: Westwater Resources (WWR) +40%. Lithium Americas (LAC) +25%. Mesa Royalty Trust (MTR) +17%.WPX Energy (WPX) +16%. Oil States International (OIS) +14%.Losers: Just Energy (JE) -16%. Sky Solar (SKYS) -12%. PEDEVCO (PED) -9%. Golar LNG (...

Shares of domestic exploration and production company WPX Energy (NYSE: WPX) were higher by roughly 13% at 11 a.m. EDT today. Following along for the ride, but not quite to the same extent, was Devon Energy (NYSE: DVN) , which was up just shy of 10%. Their gains were both re...

Devon has suffered in the current weakness in oil prices along with the rest of the oil and gas industry. They have world class assets, the liquidity to survive, and shareholder friendly management. We think better days are just around the corner for them and are giving Devon our ...

WPX Energy ([[WPX]] +8.8%) surges in early trading to ~$5/share, well above the price implied in the Devon Energy ([[DVN]] +4.8%) merger deal, suggesting shareholders expect a higher offer.Analysts at Tudor Pickering and Holt say the deal creates material scale in the Delaware Basin while sig...

Devon Energy (NYSE: DVN) and WPX Energy (NYSE: WPX) have agreed to combine in an all-stock merger of equals transaction. The deal will create a leading U.S. unconventional oil producer with a dominant position in the Delaware Basin with a 400,000 ne...

Oxbridge Re Holdings (OXBR) +96%.Perceptron (PRCP) +67% on entering agreement to be acquired by Atlas Copco.Westwater Resources (WWR) +58%.Genfit SA (GNFT) +43% on NASH test deal with LabCorp.Lithium Americas (LAC) +29%.NexTier Oilfield Solutions (NEX) +23%.OpGen (OPGN)&#x...

Energy stocks are showing signs of life after a week and a month to forget.The SPDR Energy Sector ETF ([[XLE]], +1.5%) is gaining premarket.Devon Energy ([[DVN]], +12.6%) is the big winner after its deal to acquire WPX Energy ([[WPX]], +12.5%), creating one of the largest U.S. ...

Devon Energy (DVN) +8.7% and WPX Energy (WPX) +13.7% pre-market after confirming their merger, creating an entity with a combined ~$12B enterprise value.Under the deal terms, WPX shareholders will receive a fixed exchange ratio of 0.5165 shares of DVN common stock for each WPX commo...