Natural gas producer WPX Energy said it would add a nominee of hedge fund shareholder Taconic Capital Advisors LP to its board, a day after the company announced the sudden departure of its CEO.Taconic Capital is the second-largest shareholder in WPX, which has suffered from a steep slide in natural gas prices over the last eight years and has reported seven quarterly losses in a row.WPX, spun off from pipeline operator Williams Cos Inc in 2011, said the new board member would assist in the search for a new company head.WPX said on Tuesday that CEO Ralph Hill would step down, without giving any reason for his departure.
Western Potash Corp. (WPX) is a Canada-based company. Shares of WPX remained unchanged at $19.86. In the past year, the shares have traded as low as $14.03 and as high as $23.69. On average, 2511510 shares of WPX exchange hands on a given day and today's volume is recorded at 0.
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