Seeking Alpha

WPX Energy (WPX -1.6%) is well positioned to lift profit margins by cutting costs,...

WPX Energy (WPX -1.6%) is well positioned to lift profit margins by cutting costs, according to a Barron's analysis. WPX has been burdened by unfavorable midstream contracts from when it was a part of Williams Cos., which make its costs high, but costs will decline and shares should benefit as management works to renegotiate and restructure its contracts.
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