Tulsa’s WPX Energy has declared a quarterly dividend to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock.
The board of directors approved a dividend of $0.781215 per share which is payable on May 1, 2017.
The company is one of the 20 largest U.S. energy producers based on total assets and market capitalization. Active in the Delaware, Williston and San Juan basins, WPX posted double-digit oil volume growth each of the past five years.
