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WPX Energy

NYSE:WPX
Snowflake Description

Reasonable growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WPX
NYSE
$4B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The last earnings update was 76 days ago. More info.


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  • WPX Energy has significant price volatility in the past 3 months.
WPX Share Price and Events
7 Day Returns
-5.7%
NYSE:WPX
0.7%
US Oil and Gas
1.1%
US Market
1 Year Returns
-44.4%
NYSE:WPX
-15.6%
US Oil and Gas
4.7%
US Market
WPX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
WPX Energy (WPX) -5.7% -1.2% -29.2% -44.4% 5% -50.5%
US Oil and Gas 0.7% 5% -6.1% -15.6% -5.7% -36.6%
US Market 1.1% 4.3% 2.9% 4.7% 37.7% 43.6%
1 Year Return vs Industry and Market
  • WPX underperformed the Oil and Gas industry which returned -15.6% over the past year.
  • WPX underperformed the Market in United States of America which returned 4.7% over the past year.
Price Volatility
WPX
Industry
5yr Volatility vs Market

Value

 Is WPX Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of WPX Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for WPX Energy.

NYSE:WPX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 19 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:WPX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.926 (1 + (1- 21%) (58.33%))
1.237
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.24
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.237 * 5.96%)
10.1%

Discounted Cash Flow Calculation for NYSE:WPX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for WPX Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:WPX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.1%)
2020 245.70 Analyst x5 223.16
2021 329.33 Analyst x3 271.68
2022 557.00 Analyst x1 417.34
2023 0.00 Analyst x1 0.00
2024 0.00 Est @ -11.79% 0.00
2025 0.00 Est @ -7.43% 0.00
2026 0.00 Est @ -4.38% 0.00
2027 0.00 Est @ -2.25% 0.00
2028 0.00 Est @ -0.76% 0.00
2029 0.00 Est @ 0.29% 0.00
Present value of next 10 years cash flows $912.19
NYSE:WPX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $0.00 × (1 + 2.73%) ÷ (10.1% – 2.73%)
$0.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $0.00 ÷ (1 + 10.1%)10
$0.00
NYSE:WPX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $912.19 + $0.00
$912.19
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $912.19 / 422.27
$2.16
NYSE:WPX Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.16
Current discount Discount to share price of $10.43
= -1 x ($10.43 - $2.16) / $2.16
-382.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of WPX Energy is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for WPX Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are WPX Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:WPX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.52
NYSE:WPX Share Price ** NYSE (2019-07-16) in USD $10.43
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 13.07x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.98x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of WPX Energy.

NYSE:WPX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:WPX Share Price ÷ EPS (both in USD)

= 10.43 ÷ 0.52

19.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • WPX Energy is overvalued based on earnings compared to the US Oil and Gas industry average.
  • WPX Energy is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does WPX Energy's expected growth come at a high price?
Raw Data
NYSE:WPX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
39%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 79 Publicly-Listed Oil and Gas Companies 0.43x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

NYSE:WPX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.99x ÷ 39%

0.51x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • WPX Energy is good value based on expected growth next year.
Price based on value of assets
What value do investors place on WPX Energy's assets?
Raw Data
NYSE:WPX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $10.06
NYSE:WPX Share Price * NYSE (2019-07-16) in USD $10.43
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 1.07x
United States of America Market PB Ratio Median Figure of 5,240 Publicly-Listed Companies 1.81x
NYSE:WPX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:WPX Share Price ÷ Book Value per Share (both in USD)

= 10.43 ÷ 10.06

1.04x

* Primary Listing of WPX Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • WPX Energy is good value based on assets compared to the US Oil and Gas industry average.
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Value checks
We assess WPX Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. WPX Energy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is WPX Energy expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
39%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is WPX Energy expected to grow at an attractive rate?
  • WPX Energy's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • WPX Energy's earnings growth is expected to exceed the United States of America market average.
  • WPX Energy's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:WPX Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:WPX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts 39%
NYSE:WPX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts 10.4%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:WPX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:WPX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 3,372 1,858 633 3
2022-12-31 3,187 1,829 567 3
2021-12-31 3,043 1,769 410 6
2020-12-31 2,791 1,493 298 10
2019-12-31 2,202 1,248 82 10
NYSE:WPX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 2,352 1,010 216
2018-12-31 2,229 883 234
2018-09-30 2,015 931 -143
2018-06-30 1,643 793 -518
2018-03-31 1,293 630 -112
2017-12-31 1,042 507 9
2017-09-30 913 382 -141
2017-06-30 875 321 -4
2017-03-31 933 271 -556
2016-12-31 685 268 -712
2016-09-30 870 296 -492
2016-06-30 859 470 -322

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • WPX Energy's earnings are expected to grow significantly at over 20% yearly.
  • WPX Energy's revenue is expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:WPX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from WPX Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WPX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 1.51 1.59 1.43 2.00
2022-12-31 1.36 1.40 1.32 2.00
2021-12-31 1.11 1.52 0.58 5.00
2020-12-31 0.71 1.31 0.23 18.00
2019-12-31 0.25 0.45 0.10 11.00
NYSE:WPX Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.52
2018-12-31 0.57
2018-09-30 -0.36
2018-06-30 -1.30
2018-03-31 -0.28
2017-12-31 0.02
2017-09-30 -0.37
2017-06-30 -0.01
2017-03-31 -1.63
2016-12-31 -2.27
2016-09-30 -1.66
2016-06-30 -1.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if WPX Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess WPX Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
WPX Energy has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has WPX Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare WPX Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • WPX Energy has delivered over 20% year on year earnings growth in the past 5 years.
  • WPX Energy has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • WPX Energy has become profitable in the last year making it difficult to compare the US Oil and Gas industry average.
Earnings and Revenue History
WPX Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from WPX Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:WPX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,352.00 216.00 260.00
2018-12-31 2,229.00 234.00 257.00
2018-09-30 2,015.00 -143.00 211.00
2018-06-30 1,643.00 -518.00 256.00
2018-03-31 1,293.00 -112.00 256.00
2017-12-31 1,042.00 9.00 253.00
2017-09-30 913.00 -141.00 285.00
2017-06-30 875.00 -4.00 227.00
2017-03-31 933.00 -556.00 232.00
2016-12-31 685.00 -712.00 212.00
2016-09-30 870.00 -492.00 216.00
2016-06-30 859.00 -322.00 236.00
2016-03-31 792.00 -70.00 233.00
2015-12-31 948.00 -14.00 230.00
2015-09-30 1,369.00 227.00 225.00
2015-06-30 1,766.00 343.00 234.00
2015-03-31 2,285.00 174.00 285.00
2014-12-31 2,089.00 249.00 258.00
2014-09-30 2,988.00 -1,001.00 391.00
2014-06-30 3,020.00 -1,149.00 386.00
2014-03-31 2,919.00 -983.00 362.00
2013-12-31 2,555.00 -1,098.00 372.00
2013-09-30 2,811.00 -307.00 311.00
2013-06-30 2,879.00 -267.00 312.00
2013-03-31 2,940.00 -320.00 314.00
2012-12-31 2,822.00 -186.00 277.00
2012-09-30 3,260.00 -349.00 360.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • WPX Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • WPX Energy used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • WPX Energy has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess WPX Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
WPX Energy has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is WPX Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up WPX Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • WPX Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • WPX Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of WPX Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from WPX Energy Company Filings, last reported 3 months ago.

NYSE:WPX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 4,248.00 2,470.00 6.00
2018-12-31 4,301.00 2,485.00 3.00
2018-09-30 3,939.00 2,243.00 36.00
2018-06-30 3,935.00 2,154.00 103.00
2018-03-31 4,006.00 2,576.00 681.00
2017-12-31 4,127.00 2,575.00 189.00
2017-09-30 4,162.00 2,859.00 10.00
2017-06-30 4,304.00 2,601.00 8.00
2017-03-31 4,222.00 2,575.00 142.00
2016-12-31 3,466.00 2,575.00 496.00
2016-09-30 3,634.00 2,699.00 623.00
2016-06-30 3,858.00 2,732.00 1,031.00
2016-03-31 3,515.00 3,050.00 11.00
2015-12-31 3,535.00 3,189.00 38.00
2015-09-30 5,072.00 3,400.00 99.00
2015-06-30 4,367.00 2,001.00 317.00
2015-03-31 4,389.00 2,001.00 82.00
2014-12-31 4,428.00 2,260.00 41.00
2014-09-30 4,202.00 2,052.00 65.00
2014-06-30 4,124.00 1,799.00 105.00
2014-03-31 4,233.00 2,044.00 58.00
2013-12-31 4,210.00 1,911.00 47.00
2013-09-30 5,185.00 1,780.00 108.00
2013-06-30 5,290.00 1,688.00 90.00
2013-03-31 5,257.00 1,589.00 112.00
2012-12-31 5,371.00 1,510.00 153.00
2012-09-30 5,496.00 1,509.00 240.00
  • WPX Energy's level of debt (58.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (48.2% vs 58.1% today).
  • Debt is well covered by operating cash flow (40.9%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess WPX Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. WPX Energy has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is WPX Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from WPX Energy dividends. Estimated to be 0.04% next year.
If you bought $2,000 of WPX Energy shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate WPX Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate WPX Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:WPX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 67 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:WPX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 3.00
2020-12-31 0.01 5.00
2019-12-31 0.01 6.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as WPX Energy has not reported any payouts.
  • Unable to verify if WPX Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of WPX Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as WPX Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of WPX Energy's dividends in 3 years as they are not expected to pay a notable one for United States of America.
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Income/ dividend checks
We assess WPX Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can WPX Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. WPX Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of WPX Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rick Muncrief
COMPENSATION $11,325,367
AGE 60
TENURE AS CEO 5.2 years
CEO Bio

Mr. Richard E. Muncrief, also known as Rick, has been the Chief Executive Officer of WPX Energy, Inc. since May 15, 2014 and served as its President. Mr. Muncrief served as Senior Vice President of Operations of Continental Resources, Inc., from June 2009 to May 1, 2014. He served as interim Chief Executive Officer at WPX. He joined Continental Resources in June 2009. He served as the President and Chief Operating Officer of Quest Midstream GP LLC, the general partner of Quest Midstream Partners, L.P. and a majority-owned subsidiary of Quest Resource Corp., from September 2007 to June 11, 2008. He served as President and Chief Operating Officer of PostRock Midstream, LLC, an affiliate of PostRock Energy Corporation from September 2007 to June 11, 2008. Mr. Muncrief has over 30 years of oil and gas experience. Prior to joining Quest Midstream Partners, he held numerous technical, operational and leadership positions with in Conoco Phillips (formerly Burlington Resources) from 1980 to June 2007. From April 2006 to June 2007, he served as the Operations Manager for Conoco Phillips, San Juan Basin, including upstream and midstream operations. From March 2000 to April 2006, he served as General Manager of Operations for Burlington Resources, San Juan Division. From August 1980 to March 2000, Mr. Muncrief served in various roles at Burlington Resource, including Asset Manager and Production Manager for Burlington’s San Juan operations, drilling and production operations and engineering, reservoir engineering and acquisitions and divestitures throughout the Rocky Mountain and Mid-Continent regions. He has been Chairman of WPX Energy, Inc. since January 1, 2017. He serves as Chairman at Apco Oil & Gas International Inc. He has been a Director at WPX Energy, Inc. since May 22, 2014. He served as Director of Quest Midstream GP, LLC from September 2007 to June 11, 2008. He is a Member of the American Petroleum Institute and the Society of Petroleum Engineers. Mr. Muncrief earned Bachelor of Science degree in Petroleum Engineering Technology from Oklahoma State University in 1980.

CEO Compensation
  • Rick's compensation has increased in line with WPX Energy recently becoming profitable.
  • Rick's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the WPX Energy management team in years:

4.9
Average Tenure
48
Average Age
  • The tenure for the WPX Energy management team is about average.
Management Team

Rick Muncrief

TITLE
CEO & Chairman of the Board
COMPENSATION
$11M
AGE
60
TENURE
5.2 yrs

Clay Gaspar

TITLE
President & COO
COMPENSATION
$5M
AGE
47
TENURE
1.6 yrs

J. Vann

TITLE
Executive VP & CFO
COMPENSATION
$4M
AGE
48
TENURE
5.3 yrs

Dennis Cameron

TITLE
Executive VP & General Counsel
COMPENSATION
$2M
AGE
56
TENURE
5.6 yrs

Bryan Guderian

TITLE
Executive Vice President of Business Development
COMPENSATION
$3M
AGE
60
TENURE
3.2 yrs

Larry Faulkner

TITLE
VP, Controller & Principal Accounting Officer
AGE
47
TENURE
4.7 yrs

Angela Kouplen

TITLE
Senior VP of Administration & CIO
AGE
45
TENURE
3.5 yrs

David Sullivan

TITLE
Manager of Investor Relations
TENURE
7.5 yrs

Greg Horne

TITLE
Vice President of Midstream & Marketing

Stephen Brilz

TITLE
VP & Corporate Secretary
Board of Directors Tenure

Average tenure and age of the WPX Energy board of directors in years:

7.6
Average Tenure
64
Average Age
  • The tenure for the WPX Energy board of directors is about average.
Board of Directors

John Carrig

TITLE
Independent Director
COMPENSATION
$270K
AGE
67
TENURE
7.6 yrs

Rick Muncrief

TITLE
CEO & Chairman of the Board
COMPENSATION
$11M
AGE
60
TENURE
2.5 yrs

Jack Lentz

TITLE
Independent Director
COMPENSATION
$285K
AGE
74
TENURE
7.6 yrs

Kelt Kindick

TITLE
Lead Independent Director
COMPENSATION
$290K
AGE
64
TENURE
1.2 yrs

Kim Lubel

TITLE
Independent Director
COMPENSATION
$270K
AGE
54
TENURE
7.6 yrs

Robert Herdman

TITLE
Independent Director
COMPENSATION
$279K
AGE
70
TENURE
7.6 yrs

David Work

TITLE
Independent Director
COMPENSATION
$270K
AGE
73
TENURE
7.6 yrs

Karl Kurz

TITLE
Independent Director
COMPENSATION
$270K
AGE
57
TENURE
5.5 yrs

Valerie Williams

TITLE
Independent Director
COMPENSATION
$290K
AGE
62
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
18. Jan 19 Buy Clay Gaspar Individual 08. Jan 19 08. Jan 19 50 $12.92 $646
09. Nov 18 Sell William Lowrie Individual 08. Nov 18 08. Nov 18 -1 $16.06 $-16
X
Management checks
We assess WPX Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. WPX Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Worry About WPX Energy, Inc.'s (NYSE:WPX) CEO Pay Cheque?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … View our latest analysis for WPX Energy How Does Rick Muncrief's Compensation Compare With Similar Sized Companies? … When we examined a selection of companies with market caps ranging from US$4.0b to US$12b, we found the median CEO total compensation was US$6.9m.

Simply Wall St -

Shareholders Should Look Hard At WPX Energy, Inc.’s (NYSE:WPX) 5.3% Return On Capital

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for WPX Energy: 0.053 = US$396m ÷ (US$8.5b - US$1.0b) (Based on the trailing twelve months to March 2019.) So, WPX Energy has an ROCE of 5.3%. … WPX Energy's Current Liabilities And Their Impact On Its ROCE Current liabilities include invoices, such as supplier payments, short-term debt, or a tax bill, that need to be paid within 12 months. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Is WPX Energy, Inc.'s (NYSE:WPX) Balance Sheet Strong Enough To Weather A Storm?

At this constant level of debt, the current cash and short-term investment levels stands at US$6.0m , ready to be used for running the business. … Looking at WPX’s US$1.0b in current liabilities, it seems that the business may not be able to easily meet these obligations given the level of current assets of US$703m, with a current ratio of 0.7x. … Next Steps: Although WPX’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet debt obligations which means its debt is being efficiently utilised.

Simply Wall St -

Will WPX Energy, Inc.'s (NYSE:WPX) Earnings Grow In The Next Couple Of Years?

Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … The most recent earnings announcement WPX Energy, Inc.'s (NYSE:WPX) released in March 2019a

Simply Wall St -

Did WPX Energy, Inc. (NYSE:WPX) Insiders Sell Shares?

So we'll take a look at whether insiders have been buying or selling shares in WPX Energy, Inc. … That means that an insider was selling shares at around the current price of US$15.23. … Over the last year we saw more insider selling of WPX Energy shares, than buying

Simply Wall St -

WPX Energy, Inc. (NYSE:WPX): What Are The Future Prospects?

Looking at WPX Energy, Inc.'s (NYSE:WPX) earnings update in December 2018,. … it seems that analyst expectations are fairly bearish, … the higher past 5-year average growth rate of 29%

Simply Wall St -

Is WPX Energy's (NYSE:WPX) Share Price Gain Of 113% Well Earned?

It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. … (NYSE:WPX) share price is 113% higher than it was three years ago. … It's also good to see the share price up 16% over the last quarter.

Simply Wall St -

A Closer Look At WPX Energy, Inc.'s (NYSE:WPX) Uninspiring ROE

WPX Energy has a ROE of 5.6%, based on the last twelve months. … Another way to think of that is that for every $1 worth of equity in the company, it was able to earn $0.056. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

WPX Energy, Inc. (NYSE:WPX): Time For A Financial Health Check

Surprisingly though, when accounted for risk, mid-caps have delivered better returns compared to the two other categories of stocks. … Today we will look at WPX’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. … Note that this information is centred entirely on financial health and is a top-level understanding, so I encourage you to look further.

Simply Wall St -

WPX Energy, Inc. (NYSE:WPX): Is Growth Priced In?

Help shape the future of investing tools and receive a $20 prize! … (NYSE:WPX) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of $12.95 is based on unrealistic expectations. … WPX Energy's growth potential is very attractive

Simply Wall St -

Company Info

Description

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company operates 657 wells and owns interests in 808 wells covering an area of approximately 130,000 net acres located in Delaware Basin, Texas and New Mexico; and operates 323 wells and owns interests in 87 wells that covers an area of approximately 85,087 net acres situated in the Williston Basin, North Dakota. As of December 31, 2018, it had proved reserves of 479.3 million barrels of oil equivalent. The company was founded in 1983 and is headquartered in Tulsa, Oklahoma.

Details
Name: WPX Energy, Inc.
WPX
Exchange: NYSE
Founded: 1983
$4,404,245,289
422,267,046
Website: http://www.wpxenergy.com
Address: WPX Energy, Inc.
3500 One Williams Center,
Tulsa,
Oklahoma, 74172,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE WPX Common Stock New York Stock Exchange US USD 12. Dec 2011
DB WPE Common Stock Deutsche Boerse AG DE EUR 12. Dec 2011
Number of employees
Current staff
Staff numbers
600
WPX Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 00:25
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/07/16
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.