WPX Energy Provides Update on 2013 Results; Will Take up to $1.4B in Pre-Tax Charges

By: via Benzinga
WPX Energy (NYSE: WPX ) announced today that its 2013 fourth-quarter and full-year financial results will include the impact of up to $1.4 billion in pre-tax impairment charges. The non-cash charges are a result of a decline in forward market natural gas prices particularly in the Northeast, where Appalachia
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