Cryptocurrency Q&A Who owns WPX?

Who owns WPX?

CryptoWanderer CryptoWanderer Wed Nov 20 2024 | 5 answers 1223
I'm trying to find out who the owner of WPX is. Could you please provide me with information regarding the ownership of WPX? Who owns WPX?

5 answers

KimonoElegantGlitter KimonoElegantGlitter Fri Nov 22 2024
Devon Energy is acquiring WPX Energy in a deal that is being termed as a merger of equals.

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Lorenzo Lorenzo Thu Nov 21 2024
The transaction will result in WPX shareholders owning approximately 43% of the newly formed company, which will be referred to as "New Devon."

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Chiara Chiara Thu Nov 21 2024
The acquisition will be completed through an all-stock transaction, with WPX shareholders receiving a specified number of Devon shares.

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Federico Federico Thu Nov 21 2024
As part of the deal, WPX shareholders will be granted five out of twelve board seats in the newly merged entity.

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NavigatorEcho NavigatorEcho Thu Nov 21 2024
Each WPX shareholder will receive 0.5165 Devon shares for each of their own shares.

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