Attached files
file | filename |
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EX-32.1 - CERTIFICATION BY THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER - WPX ENERGY, INC. | exhibit32120170930.htm |
EX-31.2 - CERTIFICATION BY THE CHIEF FINANCIAL OFFICER - WPX ENERGY, INC. | exhibit31220170930.htm |
EX-31.1 - CERTIFICATION BY THE CHIEF EXECUTIVE OFFICER - WPX ENERGY, INC. | exhibit31120170930.htm |
10-Q - 10-Q - WPX ENERGY, INC. | wpx2017093010q.htm |
Exhibit 12
WPX Energy, Inc.
Computation of Ratio of Earnings to Fixed Charges
Nine months ended September 30, | |||
2017 | |||
(Millions) | |||
Earnings: | |||
Income from continuing operations before income taxes | $ | 18 | |
Add: | |||
Fixed Charges: | |||
Interest accrued, including proportionate share from 50% owned investees and unconsolidated majority-owned investees | 141 | ||
Capitalized Interest | (1 | ) | |
Rental expense representative of interest factor | 4 | ||
Total fixed charges | 144 | ||
Less: | |||
Capitalized interest | 1 | ||
Total earnings as adjusted | $ | 163 | |
Fixed charges | $ | 144 | |
Ratio of earnings to fixed charges | 1.13 | ||
Preferred dividend requirement | $ | 18 | |
Combined fixed charges and preferred dividends | 162 | ||
Ratio of earnings to combined fixed charges and preferred dividends | $ | 1.01 |