On the Record · WPX Energy

WPX Energy acquisitions, on the record

The businesses WPX Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Panther Energy Company II, LLC and Carrier Energy Partners, LLC Word for word“On January 12, 2017, we signed an agreement to acquire certain assets from Panther Energy Company II, LLC and Carrier Energy Partners, LLC for $775 million.” 10-K for 2017	agreed acquisition	January 12, 2017	$775 million
San Juan Basin Gallup oil play Word for word“In February 2018, we announced that we signed an agreement to sell our holdings in the San Juan Basin’s Gallup oil play for $700 million to an undisclosed third party.” 10-K for 2017	agreed divestiture	February 2018	$700 million
natural gas-producing properties in the San Juan Basin Word for word“As previously noted, we divested of our legacy natural gas assets in the San Juan Basin in December 2017.” 10-K for 2017	divestiture	December 2017	—
RKI Exploration & Production, LLC (RKI) Word for word“On August 17, 2015, we completed the acquisition of privately-held RKI Exploration & Production, LLC (“RKI”) (the “RKI Acquisition”) expanding our operations into the Delaware Basin in New Mexico and Texas.” 10-K for 2017	acquisition	August 17, 2015	—
Panther Energy Company II, LLC and Carrier Energy Partners, LLC (Panther Acquisition) Word for word“We further expanded our operations in the Delaware Basin through the acquisition of certain assets from Panther Energy Company II, LLC and Carrier Energy Partners, LLC (the “Panther Acquisition”).” 10-K for 2017	acquisition	—	—
San Juan Basin remaining operations (Mancos Gallup Sandstone oil position) Word for word“In March 2018, we sold our remaining operations in the San Juan Basin, comprised of an oil position in the Mancos Gallup Sandstone, for approximately $700 million (subject to closing and post-closing adjustments).” 10-K for 2018	agreed divestiture	In March 2018	approximately $700 million
RKI Exploration & Production, LLC (RKI Acquisition) Word for word“We entered the Delaware Basin in August 2015 upon the closing of our acquisition of RKI Exploration & Production, LLC (“RKI”) (the “RKI Acquisition”).” 10-K for 2018	acquisition	August 2015	—
Panther Acquisition (certain assets in the Delaware Basin) Word for word“In March 2017, we completed the acquisition of certain assets in the Delaware Basin (the “Panther Acquisition”).” 10-K for 2018	acquisition	In March 2017	—
San Juan Basin gathering system Word for word“$280 million for the sale of our San Juan Basin gathering system during the first quarter of 2016 (see Note 3 of Notes to Consolidated Financial Statements).” 10-K for 2018	divestiture	during the first quarter of 2016	$280 million
San Juan Gallup operations Word for word“• $6 45 million of net proceeds from the sale of San Juan Gallup (see Note 3 of Notes to Consolidated Financial Statements).” 10-K for 2018	divestiture	—	$6 45 million of net proceeds
Panther Acquisition Word for word“Net cash used in investing activities for the year ended December 31, 2017 includes $798 million related to the Panther Acquisition.” 10-K for 2018	acquisition	2017	$798 million
Felix Energy Holdings II, LLC Word for word“On December 15, 2019, we entered into a Securities Purchase Agreement (the "Purchase Agreement") with Felix Investments Holdings II, LLC ("Felix Parent") to acquire all of the issued and outstanding membership interests of Felix Energy Holdings II, LLC, or Felix (collectively, the "Felix Acquisition"), for consideration of approximately $2.5 billion (the "Purchase Price"), consisting of $900 million in cash and 152,963,671 unregistered shares of our common stock determined by dividing $1.6 billion by $10.46, the volume weighted average per share price of the Company for the ten consecutive trading days ending on December 13, 2019.” 10-K for 2019	agreed acquisition	On December 15, 2019	approximately $2.5 billion
RKI Exploration & Production, LLC Word for word“We entered the Delaware Basin in August 2015 upon the closing of our acquisition of RKI Exploration & Production, LLC (“RKI”) (the “RKI Acquisition”).” 10-K for 2019	acquisition	August 2015	—

Deal filings since 2016

2021-01-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-09-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-01-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-04-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-04-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-02-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-08-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-13 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-04-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from WPX Energy’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.