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WPX Energy (WPX) Tops Q3 EPS by 1c

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WPX Energy Reports 3Q 2016 Results and 2017 Guidance

November 2, 2016 4:19 PM EDT

Wolfcamp X/Y well hits peak rate of 1,812 Boe/d (70% oil) Wolfcamp D well hits peak rate of 2,063 Boe/d (33% oil) Spacing test under way to optimize Wolfcamp A development Peterson 4-well pad in Williston has 30-day avg. of 5,600 Boe/d (90% oil) Six-well West Lybrook pad hits peak rate of 8,571 Boe/d (70% oil) Projecting 25% oil growth in 2017; 50% oil growth in 2018 Strong hedge position in... More