WPX Energy (WPX) Misses Q4 EPS by 4c

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WPX Energy Reports 4Q and Full-Year 2018 Results

February 20, 2019 4:15 PM EST

Pivotal year lays foundation for returning capital to shareholders

$151 million net income during 2018 Adjusted EBITDAX hits nearly $1.1 billion in 2018 (non-GAAP, see reconciliation) Strong execution delivers 57% year-over-year jump in oil production Marketing & midstream strategy maximizing Delaware price realizations 2019 plan cash flow positive at current commodity prices Targeting 2021 for returning capital to shareholders

TULSA, Okla.--(BUSINESS WIRE)-- WPX Energy (NYSE: WPX) reported... More