Citi 2016 Global Energy and Utilities Conference Rick Muncrief, President and CEO
Premier Asset Portfolio Now In Focus 2
WPX Profile: Premier Assets WPX HIGHLIGHTS CLOSED SAN JUAN MIDSTREAM SALE WILLISTON BASIN CLOSED PICEANCE SALE AMENDED CREDIT FACILITY REPURCHASED 185MM OF 2017 DEBT MATURITY STRONG LIQUIDITY POSITION PROVIDES OPTIONALITY…
WPX Liquidity, Hedges and Debt Maturities STRONG LIQUIDITY POSITION STRONG HEDGE POSITION 100% % of Production Hedged Total Liquidity (as of 5/3/2016) 3.93 80% Cash and Equivalents 583 60.35 60% Available Revolver Capacity 1,025…
Foundation in Place for Enhancing Value WORLD-CLASS ASSET BASE OPERATIONAL & TECHNICAL FOCUS PROVEN TRACK RECORD OF EXECUTION EXPERIENCED MANAGEMENT TEAM 5