EX-12.1 2 exhibit1220170930.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit



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