WPX Agrees to Form JV to Develop Permian Midstream Assets

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WPX Energy (WPX) PT Raised to $16 at Baird; Reiterates Outperform

June 14, 2017 10:03 AM EDT

Baird raised its price target on WPX Energy (NYSE: WPX) to $16.00 (from $15.00) while maintaining a Outperform rating. WPX's announced 50/50 crude gathering and gas processing joint venture in the Stateline area with Howard Energy Partners. The partners will co-develop oil gathering and natural gas processing... More