WPX Energy Reports 1Q 2020 Results
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WPX Energy (WPX) Tops Q1 EPS by 1c, Revenues Beat
May 6, 2020 4:23 PM EDTWPX Energy (NYSE: WPX) reported Q1 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $628.29 million.
Taking steps to protect cash flow and preserve operational flexibility
Planning $700 million in capital cuts vs. original planTargeting $100 million of cost savings this year from operating expenses and G&AMore than 90 percent of remaining 2020... More