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WPX Energy says it will form an MLP

Nov. 14, 2013 5:03 PM ETWPX Energy, Inc. (WPX) StockWPXBy: Carl Surran, SA News Editor
  • WPX Energy (NYSE:WPX) +6.2% AH after announcing plans to form an MLP which will hold working interests in mature, producing natural gas properties located in the Piceance Basin in Colorado.
  • The MLP, to be called WPX Energy Partners, expects to file in early 2014 for an IPO of the common units.

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