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4 days ago · OKLAHOMA CITY and TULSA, Okla., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the successful completion of their previously announced all-stock merger of equals, creating a leading energy producer in the U.S., with an asset base underpinned by a ...
WPX Energy, Inc. (Williams Production and Exploration) was a company engaged in hydrocarbon exploration. It was organized in Delaware and headquartered in Tulsa, Oklahoma. In 2021, the company merged with Devon Energy. All of the company's assets were in either the Williston Basin (42% of 2019 production) or the Permian Basin (58% of 2019 ...
6 days ago · KEY HIGHLIGHTS. Merger of equals creates a leading unconventional oil producer in the U.S. Builds a dominant Delaware Basin acreage position totaling 400,000 net acres. All-stock transaction accretive to per-share metrics in year one and maintains financial strength.
5 days ago · Devon and WPX are two leading U.S. oil producers that have completed their all-stock merger of equals in January 2021. Learn more about the merger, its benefits, and the new company's vision and leadership.
Devon Energy Corporation and WPX Energy, Inc. announced the successful completion of their all-stock merger of equals, creating a leading energy producer in the U.S. with a dominant position in the Delaware Basin. The combined company will operate under the name Devon Energy and be headquartered in Oklahoma City.
Jan 7, 2021 · Devon Energy Corp. and WPX Energy Inc. completed their previously announced all-stock merger of equals, resulting in one of the largest unconventional oil producers in the U.S. As part of the merger deal, WPX shareholders received a fixed exchange of 0.5165 Devon share for each WPX share held.
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Jun 25, 2024 · WPX is an independent energy producer with core positions in the Permian and Williston basins. WPX’s production is approximately 80 percent oil/liquids and 20 percent natural gas. The company also has an infrastructure portfolio in the Permian Basin.
