WPX Energy to Host Feb. 25 Webcast
January 11 2016 - 11:00AM
Business Wire
WPX Energy (NYSE: WPX) plans to discuss its fourth quarter and
year-end 2015 financial and operations results during a webcast on
Thursday morning, Feb. 25, beginning at 10
a.m. Eastern.
Investors are encouraged to access the event and the
corresponding slides at www.wpxenergy.com. A replay of the
webcast will be available on WPX’s website for one year following
the event.
Chief Executive Officer Rick Muncrief, Chief Operating
Officer Clay Gaspar and Chief Financial Officer Kevin
Vann will discuss the company’s performance.
Additional details for investors who wish to access the
conference via phone will be available at www.wpxenergy.com prior
to the event and included in the company’s year-end results
announcement.
Prior to year-end, WPX exceeded its 2015 deleveraging target via
an agreement to divest its San Juan Basin gathering system for
consideration of approximately $309 million. WPX expects to
close the transaction in first-quarter 2016.
About WPX Energy, Inc.
WPX is a domestic energy producer with operations in the western
United States. The company has transformed its portfolio through
more than $4.5 billion of transactions over the past 20 months,
including the acquisition of a considerable position in the core of
the Permian’s Delaware Basin.
This press release includes “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements, other than statements of historical facts,
included in this press release that address activities, events or
developments that the company expects, believes or anticipates will
or may occur in the future are forward-looking statements. Such
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of the company.
Statements regarding future drilling and production are subject to
all of the risks and uncertainties normally incident to the
exploration for and development and production of oil and gas.
These risks include, but are not limited to, the volatility of oil,
natural gas and NGL prices; uncertainties inherent in estimating
oil, natural gas and NGL reserves; drilling risks; environmental
risks; and political or regulatory changes. Investors are cautioned
that any such statements are not guarantees of future performance
and that actual results or developments may differ materially from
those projected in the forward-looking statements. The
forward-looking statements in this press release are made as of the
date of this press release, even if subsequently made available by
WPX Energy on its website or otherwise. WPX Energy does not
undertake and expressly disclaims any obligation to update the
forward-looking statements as a result of new information, future
events or otherwise. Investors are urged to consider carefully the
disclosure in our filings with the Securities and Exchange
Commission, available from us at WPX Energy, Attn: Investor
Relations, P.O. Box 21810, Tulsa, Okla., 74102, or from the SEC’s
website at www.sec.gov.
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version on businesswire.com: http://www.businesswire.com/news/home/20160111005896/en/
WPX Energy, Inc.Media Contact:Kelly Swan,
539-573-4944orInvestor Contact:David Sullivan,
539-573-9360
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