WPX Energy (WPX Energy) Effective Interest Rate on Debt % : 5.65% (As of Sep. 2020)

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What is WPX Energy Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. WPX Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2020 was $192 Mil. WPX Energy's average total debt for the quarter that ended in Sep. 2020 was $3,396 Mil. Therefore, WPX Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2020 was 5.65%.

WPX Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for WPX Energy's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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WPX Energy Effective Interest Rate on Debt % Chart

WPX Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Effective Interest Rate on Debt %

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6.86

7.18

7.30

6.42

6.66

WPX Energy Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.98	7.16	7.02	5.78	5.65

Competitive Comparison of WPX Energy's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, WPX Energy's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WPX Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, WPX Energy's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where WPX Energy's Effective Interest Rate on Debt % falls into.

WPX Energy Effective Interest Rate on Debt % Calculation

WPX Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2018 )	+	Total Debt (A: Dec. 2019 ))	/ count )
=	-1 * -159	/	( (2502	+	2270)	/ 2 )
=	-1 * -159	/	2386
=	6.66 %

where

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2485	+	17
=	2502

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2202	+	68
=	2270

WPX Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2020 )	+	Total Debt (Q: Sep. 2020 ))	/ count )
=	-1 * -192	/	( (3579	+	3213)	/ 2 )
=	-1 * -192	/	3396
=	5.65 %

where

	Total Debt (Q: Jun. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3210	+	369
=	3579

	Total Debt (Q: Sep. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3213	+	0
=	3213

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

WPX Energy (NYSE:WPX) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

WPX Energy Effective Interest Rate on Debt % Related Terms

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WPX Energy (WPX Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » WPX Energy Inc (NYSE:WPX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3500 One Williams Center, Tulsa, OK, USA, 74172-0172

Website

https://www.wpxenergy.com

WPX Energy, based in Tulsa, Oklahoma, is an unconventional oil and gas producer with acreage in the Williston Basin (Bakken), the Permian Basin, and the Rockies. At the end of 2019, the company reported net proven reserves of 528 million barrels of oil equivalent. Net production averaged 167 thousand barrels of oil equivalent per day in 2019, at a ratio of 79% liquids and 21% natural gas.

Executives

Bryan K Guderian	officer: EVP Business Development	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
J Kevin Vann	officer: EVP CFO	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Faulkner Stephen L Jr	officer: VP Controller and CAO	3500 ONE WILLIAMS CENTER, TULSA OK 74172
Encap Energy Capital Fund X, L.p.	director, 10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Encap Partners Gp, Llc	director, 10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Felix Energy Investments Ii, Llc	director, 10 percent owner	1530 16TH STREET, SUITE 500, DENVER CO 80202
Felix Investments Holdings Ii, Llc	director, 10 percent owner	1530 16TH STREET, SUITE 500, DENVER CO 80202
Karl F Kurz	director	DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Swanson Douglas E Jr	director	1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
D Martin Phillips	director	1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Kimberly S Lubel	director	P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Kelt Kindick	director	DEVON ENERGY CORP, 333 W SHERIDAN AVE, OKLAHOMA CITY OK 73102
Valerie Williams	director	C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
John A Carrig	director	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Robert Herdman	director	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172