Exhibit 99.2
WPX Energy, Inc.
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
Beginning Balance | Charged (Credited) to Costs and Expenses | Other | Deductions | Ending Balance | |||||||||||||||
| 2017: | |||||||||||||||||||
| Allowance for doubtful accounts—accounts and notes receivable(a) | $ | 3 | $ | — | $ | — | $ | (1 | ) | $ | 2 | ||||||||
| Deferred tax asset valuation(b)(f) | 151 | 44 | — | — | 195 | ||||||||||||||
| Price-risk management credit reserves—liabilities(c)(d) | 5 | — | (1 | ) | — | 4 | |||||||||||||
| 2016: | |||||||||||||||||||
| Allowance for doubtful accounts—accounts and notes receivable(a) | $ | 6 | $ | — | $ | — | $ | (3 | ) | $ | 3 | ||||||||
| Deferred tax asset valuation(b) | 124 | 26 | 1 | — | 151 | ||||||||||||||
| Price-risk management credit reserves—assets(a)(d) | 1 | — | (1 | ) | — | — | |||||||||||||
| Price-risk management credit reserves—liabilities(c)(d) | — | — | 5 | — | 5 | ||||||||||||||
| 2015: | |||||||||||||||||||
| Allowance for doubtful accounts—accounts and notes receivable(a) | $ | 6 | $ | 5 | $ | — | $ | (5 | ) | $ | 6 | ||||||||
| Deferred tax asset valuation(b)(e) | 118 | 3 | 3 | — | 124 | ||||||||||||||
| Price-risk management credit reserves—assets(a)(d) | 1 | — | — | — | 1 | ||||||||||||||
__________
| (a) | Deducted from related assets. |
| (b) | Deducted from related assets with a portion included in assets held for sale. |
| (c) | Deducted from related liabilities. |
| (d) | Included in revenues. |
| (e) | Includes RKI Acquisition. |
| (f) | Includes impact of the Tax Cuts and Jobs Act enacted rate reduction. |