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Latest WPX News From Around the Web
Below are the latest news stories about Wpx Energy Inc that investors may wish to consider to help them evaluate WPX as an investment opportunity.
Moody's Investors Service ("Moody's") said WPX Energy Inc.'s (WPX) ratings continue to be on review for upgrade following the announcement by Devon Energy Corporation (Devon, Ba1 stable) that it closed the merger with WPX on January 7th in an all stock deal. Devon has not taken an action or disclosed its specific plans with regards to WPX's senior notes outstanding following the merger ($3.3 billion as of September 30, 2020). Moody's expects to resolve its review of WPX's ratings once Devon's intentions are known.
OKLAHOMA CITY and TULSA, OK (STL.News) 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 premium acreage position in the economic core of the Delaware Basin. The combined company will operate under the name Devon Energy and be headquartered in Oklahoma City, Oklahoma. Continue reading Devon Energy & WPX Energy Complete Merger of Equals Transaction at STL News.
OKLAHOMA CITY and TULSA, Okla., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX)…
Devon Energy and WPX Energy on Dec. 30 both announced that their shareholders approved the all-stock merger between the two companies. Shares of Devon rose 5.4% and WPX gained 6.1% at the close on Wednesday. The merger is expected to close on Jan. 7, 2021. At the special meeting held on Dec. 30, over 99% of the votes cast by Devon's and WPX's shareholders were in favour of the merger. “This is an important milestone as we move toward uniting our complementary assets to create a leading U.S.
OKLAHOMA CITY & TULSA, OK (STL.News) Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the shareholders of both companies voted in favor of all proposals necessary for the closing of the previously announced all-stock merger of equals between Devon and WPX. The merger is anticipated to close on […] The post Devon Energy and WPX Energy Merger of Equals appeared first on STL News .
Enphase Energy Set to Join S&P 500; Capri Holdings & Brooks Automation to Join S&P MidCap 400; Celsius Holdings & e.l.f. Beauty to Join S&P SmallCap 600
S&P; Dow Jones Indices will make the following changes to the S&P; 500, S&P; MidCap 400, and S&P; SmallCap 600 effective prior to the opening of trading on Thursday, January 7:
Shareholders of both companies voted in favor of proposals for the closing of the previously announced all-stock merger between NYSE:DVN & NYSE:WPX.
We will review some of the highlights of M&A activity in 2020 and look ahead to what it means for 2021.
Big energy companies, such as Chevron (CVX), Pioneer Natural (PXD), ConocoPhillips (COP), Cenovus Energy (CVE) and Devon Energy (DVN) recently acquired smaller firms with attractive asset bases.
Kaskela Law LLC Announces Shareholder Investigation of Devon Energy Corp. (DVN) Following Merger Agreement - Stocks News Feed
PHILADELPHIA, Nov. 9, 2020 /PRNewswire/ — Kaskela Law LLC announces that is investigating Devon Energy Corp. (“Devon” or the “Company”) (NYSE:DVN) on behalf of the Company’s shareholders. On September 28, 2020, Devon announced that it had entered into an agreement to combine with WPX Energy, Inc. (“WPX”). In connection with the proposed business combination, Devon plans… Read More »Kaskela Law LLC Announces Shareholder Investigation of Devon Energy Corp. (DVN) Following Merger Agreement