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WPX ENERGY, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2020 10-Q, filed Nov 3, 2020. Its latest SEC filing is a 4 from Jun 24, 2026.

The sections below describe the company as of the FY2019 annual report.

What Did They Do?

Produces crude oil, natural gas and natural gas liquids from unconventional properties in the Delaware and Williston basins for producers, utilities, power generators, marketers and midstream companies.

How Did They Make Money?

FY2019 revenue

Who Were Their Customers?

WPX sells its oil, natural gas and natural gas liquids to energy producers and utilities, power generators, and marketers and midstream service providers through its sales and marketing activities. Contracts range from one day to multiple years.

Did Revenues Turn Into Profits?

Yes. It kept 11 cents of every revenue dollar as net income in FY2019.

Operating income, FY2019
6% of revenue
▼ −74% vs FY2018 ($554M, 24%)
Net income, FY2019
11% of revenue
▲ +70% vs FY2018 ($151M, 7%)

How Were They Changing?

Since the FY2019 annual report
Latest quarter: Q3 FY2020, the three months to Sep 30, 2020
Revenue
▼ −41%
vs $795M in Q3 FY2019
Net income
▼ Now a loss
vs $121M in Q3 FY2019
  • Jan 7, 2021 WPX completed its merger with Devon WPX shares converted into 0.5165 Devon shares each, and WPX stock ceased trading on the NYSE.

San Juan Basin exit WPX's earlier portfolio included San Juan Basin operations, but the latest report says it sold those properties and identifies the Delaware and Williston basins as its operating focus.

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