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Replies to #19 on WPX Energy (WPX)
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Enterprising Investor

09/17/15 4:15 PM

#20 RE: Enterprising Investor #19

The acquisition of privately-held RKI Exploration & Production, LLC provides WPX with Permian assets.

I was recently asked to partner on the analysis of four companies. Two were in the E&P industry. Although I could not recommend buying WPX at the time, I believe the Permian is the good place to be once oil prices recover.