WPX Energy Completes Acquisition of Permian Producer
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- S&P 500 and Nasdaq set to open higher as CPI, bank earnings take focus; IBM tumbles
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- SK Hynix’s record plunge drags down global chip stocks
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- IBM misses Q2 targets as mainframe and software sales disappoint
- Goldman Sachs Upgrades NIO (NIO) to Buy
- BofA Securities on AppLovin: 'Current valuation appears reasonable'
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- YPF Energía Eléctrica S.A. files for proposed NYSE IPO
WPX Energy (WPX) Completes RKI Exploration & Production Acquisition; Updates on Hedging Activity
August 17, 2015 11:07 AM EDTWPX Energy (NYSE: WPX) has successfully closed the purchase of privately held RKI Exploration & Production, LLC.
With the merger complete, WPX now has a substantial presence in the core of the Permians Delaware Basin that includes:
Approximately 22,000 boe/d of existing production more than half of which is oil;Approximately 92,000 net acres approximately 98 percent of which is held by production;More than 3,600 gross risked drilling locations across stacked pay intervals; andMore than 375 miles of scalable gas... More