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WPX Energy
WPX Energy is a domestic energy producer operating in the western United States. The company has reported double-digit oil volume growth for three consecutive...
WPX Energy
WPX Energy is a domestic energy producer operating in the western United States. The company has reported double-digit oil volume growth for three consecutive years. WPX operates over 5,000 natural gas wells and has executed more than $4 billion in acquisitions and divestitures.
General information
Firm type
Asset Manager
Year founded
2011
Location
Region
North America
Country
United States
City
Tulsa
Corporate office
Tulsa, OK, United States
Principals
Rick Muncrief
President and CEO
Clay Gaspar
Chief Operating Officer
Sector focus
Frequently asked questions
Who ran investment decisions at WPX Energy?
Rick Muncrief served as President and CEO from 2014 until the company's acquisition in 2021. Operational decisions were overseen by Clay Gaspar (COO) and a management team focused on capital allocation across drilling programs in the Permian and Williston basins (per public record).
What basins did WPX Energy operate in?
WPX Energy's primary operating regions were the Delaware Basin in West Texas (Permian) and the Bakken Shale in North Dakota (Williston Basin). The company also held legacy positions in the San Juan Basin before divesting those assets in 2020 (per SEC filings).
Was WPX Energy a family office?
No. WPX Energy was a publicly traded exploration and production company (NYSE: WPX) — a conventional corporate entity, not a family office. It was acquired by Devon Energy in a 2021 all-stock merger (per public record).
What happened to WPX Energy post-merger?
WPX Energy ceased to exist as an independent entity after the merger with Devon Energy closed in January 2021. Shareholders received 0.1618 shares of Devon common stock for each WPX share (per SEC and public disclosures).
What investment stages did WPX Energy target?
WPX Energy focused on the development stage of oil and gas production — drilling wells, completing them, and optimizing cash flow. It did not engage in venture-stage energy investments or early-stage exploration outside its core basins (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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