WPX Energy Makes Its Start as an Independent Company

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January 3, 2012

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WPX Energy will begin trading “regular way” on the New York Stock Exchange today following a successful spinoff from Williams that concluded on Dec. 31.

WPX Energy is an active developer and producer of oil, natural gas and gas liquids in resource-rich areas such as North Dakota’s Bakken Shale, Pennsylvania’s Marcellus Shale and Colorado’s Piceance Basin.

“We have a significant inventory of drilling opportunities in our existing acreage that we believe will allow us to continue to deliver solid results like double-digit production growth,” said Ralph Hill, chief executive officer. ...


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