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WPX Energy

DB:WPE
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WPE
DB
$2B
Market Cap
  1. Home
  2. DE
  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 40 days ago. More info.


Add to Portfolio Compare Print
  • WPX Energy has significant price volatility in the past 3 months.
WPE Share Price and Events
7 Day Returns
37%
DB:WPE
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-70.7%
DB:WPE
34.4%
DE Oil and Gas
-14.2%
DE Market
WPE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
WPX Energy (WPE) 37% 8.8% -71% -70.7% -71.4% -73.3%
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • WPE underperformed the Oil and Gas industry which returned 34.4% over the past year.
  • WPE underperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
WPE
Industry
5yr Volatility vs Market

WPE 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.

DB:WPE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in USD $ 0.077032
Payout Ratio Company Filings (2019-12-31) -421.1%
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:WPE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.948 (1 + (1- 21%) (105.78%))
1.496
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.5
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.496 * 5.44%)
7.75%

Discounted Cash Flow Calculation for DB:WPE using Dividend Discount Model Model

The calculations below outline how an intrinsic value for WPX Energy is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:WPE Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.08 / (7.75% - -0.39%)
$0.77
DB:WPE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:WPE represents 0.9039x of NYSE:WPX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.9039x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 0.95 x 0.9039
€0.86
Value per share (EUR) From above. €0.86
Current discount Discount to share price of €3.48
= -1 x (€3.48 - €0.86) / €0.86
-306.7%

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
DB:WPE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.61
NYSE:WPX Share Price ** NYSE (2020-04-07) in USD $3.85
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

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

** Primary Listing of WPX Energy.

DB:WPE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 3.85 ÷ 0.61

6.27x

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

  • WPX Energy is good value based on earnings compared to the Europe Oil and Gas industry average.
  • WPX Energy is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does WPX Energy's expected growth come at a high price?
Raw Data
DB:WPE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts
-52.3%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

DB:WPE PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.27x ÷ -52.3%

-0.12x

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

  • WPX Energy earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on WPX Energy's assets?
Raw Data
DB:WPE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $10.83
NYSE:WPX Share Price * NYSE (2020-04-07) in USD $3.85
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:WPE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 3.85 ÷ 10.83

0.36x

* 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 DE Oil and Gas industry average.
X
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 3/6, 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.

WPE Future Performance

 How is WPX Energy expected to perform in the next 1 to 3 years based on estimates from 17 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
-52.3%
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 are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • WPX Energy's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • WPX Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:WPE Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:WPE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts -52.3%
DB:WPE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts 4.8%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
DB:WPE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:WPE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 3,051 1,623 104 1
2023-12-31 3,261 1,699 230 2
2022-12-31 3,017 1,295 -42 3
2021-12-31 2,938 1,466 -195 9
2020-12-31 3,107 1,587 104 10
2020-04-08
DB:WPE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,445 1,257 258
2019-09-30 2,382 1,137 732
2019-06-30 2,385 1,089 604
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

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • WPX Energy's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • WPX Energy's revenue is expected to grow by 4.8% 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
DB:WPE 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 17 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.

DB:WPE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 0.18 0.18 0.18 1.00
2023-12-31 0.44 0.69 0.18 2.00
2022-12-31 -0.19 0.38 -0.73 6.00
2021-12-31 -0.23 1.48 -1.17 16.00
2020-12-31 0.22 1.08 -0.29 17.00
2020-04-08
DB:WPE Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.61
2019-09-30 1.74
2019-06-30 1.44
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

*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 (Return on Equity greater than 20%) as it is not expected to be profitable.
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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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 1/6, 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.

WPE 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's year on year earnings growth rate has been positive over the past 5 years.
  • WPX Energy's 1-year earnings growth is less than its 5-year average (10.3% vs 18.6%)
  • WPX Energy's earnings growth has exceeded the Europe Oil and Gas industry average in the past year (10.3% vs 1.9%).
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.

DB:WPE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,445.00 258.00 293.00
2019-09-30 2,382.00 732.00 288.00
2019-06-30 2,385.00 604.00 277.00
2019-03-31 2,352.00 216.00 266.00
2018-12-31 2,229.00 234.00 257.00
2018-09-30 2,015.00 -143.00 244.00
2018-06-30 1,643.00 -518.00 289.00
2018-03-31 1,293.00 -112.00 273.00
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

*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 Europe 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 3/6, 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.

WPE 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.

DB:WPE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,515.00 2,202.00 60.00
2019-09-30 4,643.00 2,201.00 13.00
2019-06-30 4,561.00 2,157.00 109.00
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
  • WPX Energy's level of debt (48.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (51% vs 48.8% today).
  • Debt is well covered by operating cash flow (57.1%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1x 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 2/6, 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.

WPE 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 2% 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
DB:WPE 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 17 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

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

DB:WPE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31 0.10 1.00
2022-12-31 0.10 3.00
2021-12-31 0.10 5.00
2020-12-31 0.04 6.00
2020-04-08

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
  • The company is expected to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not expected to be well covered.
X
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.

WPE 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 5.9 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 since May 15, 2014 until December 2017. Mr. Muncrief served as Senior Vice President of Operations of Continental Resources, Inc., from June 2009 to May 1, 2014. 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 by more than 20% in the past year whilst earnings grew less than 20%.
  • Rick's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

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

5.7
Average Tenure
48
Average Age
  • The average tenure for the WPX Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rick Muncrief

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

Clay Gaspar

TITLE
President
COMPENSATION
$5M
AGE
47
TENURE
2.3 yrs

J. Vann

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

Dennis Cameron

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

Bryan Guderian

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

Larry Faulkner

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

Angela Kouplen

TITLE
Senior VP of Administration & Chief Information Officer
AGE
45
TENURE
4.3 yrs

David Sullivan

TITLE
Director of Investor Relations
TENURE
8.3 yrs

Greg Horne

TITLE
Vice President of Midstream & Marketing

Todd Scruggs

TITLE
Vice President of Corporate Development
Board of Directors Tenure

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

7.3
Average Tenure
63
Average Age
  • The tenure for the WPX Energy board of directors is about average.
Board of Directors

Clay Gaspar

TITLE
President
COMPENSATION
$5M
AGE
47
TENURE
0.4 yrs

John Carrig

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

Rick Muncrief

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

Jack Lentz

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

Kelt Kindick

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

Kim Lubel

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

Robert Herdman

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

David Work

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

Karl Kurz

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

Valerie Williams

TITLE
Independent Director
COMPENSATION
$290K
AGE
62
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by WPX Energy individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Mar 20 Buy Robert Herdman Individual 13. Mar 20 13. Mar 20 35,000 €3.04 €106,497
11. Mar 20 Buy Kimberly Lubel Individual 09. Mar 20 09. Mar 20 2,500 €3.40 €8,493
11. Mar 20 Buy Clay Gaspar Individual 10. Mar 20 10. Mar 20 25,000 €3.36 €84,106
09. Mar 20 Buy Kimberly Lubel Individual 06. Mar 20 06. Mar 20 2,500 €6.15 €15,377
16. Dec 19 Buy Karl Kurz Individual 16. Dec 19 16. Dec 19 10,000 €10.15 €101,507
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.

WPE News

Simply Wall St News

WPE 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. It produces oil, natural gas, and natural gas liquids. The company operates 688 wells and owns interests in 787 wells covering an area of approximately 122,000 net acres located in Delaware Basin, Texas, and New Mexico; and operates 404 wells and owns interests in 104 wells that covers an area of approximately 87,000 net acres situated in the Williston Basin, North Dakota. As of December 31, 2019, it had proved reserves of 528 million barrels of oil equivalent. The company was founded in 1983 and is headquartered in Tulsa, Oklahoma.

Details
Name: WPX Energy, Inc.
WPE
Exchange: DB
Founded: 1983
$1,977,393,745
559,364,806
Website: http://www.wpxenergy.com
Address: WPX Energy, Inc.
3500 One Williams Center,
Tulsa,
Oklahoma, 74172-0172,
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
BRSE WPE Common Stock Berne Stock Exchange CH CHF 12. Dec 2011
Number of employees
Current staff
Staff numbers
590
WPX Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 03:31
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/03
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.