WPX Energy (WPX) Misses Q4 EPS by 4c
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WPX Energy Announces 2015 Fourth-Quarter and Full-Year Results
February 24, 2016 4:40 PM ESTTULSA, Okla.--(BUSINESS WIRE)-- WPX Energy (NYSE: WPX) today reported an unaudited fourth-quarter 2015 net loss attributable to common shareholders of $1.539 billion, or a loss of $5.59 per share on a diluted basis, including a $2.3 billion non-cash impairment of oil and gas properties.
2015 HIGHLIGHTS
Substantial progress reshaping company and portfolio Closed transformational Permian acquisition; Delaware Basin wells exceeding expectations Closed $1 billion in asset sales and announced another $1.2 billion in sales since Dec. 31 Reduced cash operating expenses by $143... More