WPX Energy, Inc., a prominent player in the oil and natural gas industry, is headquartered in the United States. Founded in 2012, the company has rapidly established itself as a leader in the exploration and production of hydrocarbons, particularly in key operational regions such as the Permian Basin and the Williston Basin. WPX Energy is renowned for its innovative approach to resource extraction, focusing on sustainable practices and advanced technologies that enhance efficiency and reduce environmental impact. The company’s core services include the development of oil and natural gas reserves, with a commitment to operational excellence and safety. With a strong market position, WPX Energy has achieved significant milestones, including strategic acquisitions that have bolstered its asset portfolio. This dedication to growth and sustainability has positioned WPX Energy as a notable force in the energy sector.
How does WPX Energy, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
WPX Energy, Inc.'s score of 21 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
WPX Energy, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Devon Energy Corporation, which may influence its climate commitments and reporting practices. While WPX Energy has not established its own reduction targets or climate pledges, it is important to note that emissions data and performance metrics may be inherited from its parent company, Devon Energy Corporation. This relationship suggests that any climate initiatives or targets may align with those set by Devon Energy, although specific details are not provided. As of now, WPX Energy has not disclosed any significant reduction initiatives or commitments to the Science Based Targets initiative (SBTi). The lack of specific emissions data and reduction targets highlights a potential area for improvement in transparency and accountability regarding climate impact. In summary, WPX Energy, Inc. currently lacks detailed emissions data and specific climate commitments, relying on its association with Devon Energy Corporation for potential guidance in sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
| 2007 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,680,000,000 | 0,000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 490,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
WPX Energy, Inc.'s Scope 3 emissions, which increased by 8% last year and increased by approximately 102% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
WPX Energy, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.