WPX Energy in Tulsa is reporting a quarterly dividend of 78 cents a share.
The board of directors approved the dividend for holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stick. It’ll be payable Jan. 31, 2018 to holders of record on Jan. 12, 2018.
The company posted double-digit oil volume growth each of the past five years. It is most active in the Delaware, Williston and San Juan basins.