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Whiting Petroleum Corp (WLL.N)

WLL.N on New York Stock Exchange

7.52USD
4:02pm EDT
Change (% chg)

$0.03 (+0.40%)
Prev Close
$7.49
Open
$7.69
Day's High
$7.86
Day's Low
$7.48
Volume
3,834,613
Avg. Vol
4,392,708
52-wk High
$22.79
52-wk Low
$3.35

Latest Key Developments (Source: Significant Developments)

Whiting Petroleum says 58 pct of 2016 oil production hedged
Thursday, 28 Jul 2016 11:57am EDT 

Whiting Petroleum Corp : Chief Executive Jim Volker says expects Q3 and Q4 production to flatten to 115,000 barrels of oil equivalent per day . Says 58 percent of oil production hedged for rest of 2016 . Says 26 percent of oil production hedged for 2017 . CEO says would do more JV development deals if oil prices remain below $60/barrel .CEO says 'cautiously optimistic' that Colorado oil ballot initiatives will fail.  Full Article

Whiting Petroleum Corporation announces exchanges of $1.06 bln of notes for new mandatory convertible notes
Wednesday, 22 Jun 2016 11:58pm EDT 

Whiting Petroleum Corp :Whiting Petroleum Corporation announces exchanges of $1.06 billion of notes for new mandatory convertible notes.  Full Article

North Dakota oil production drops in April; largest in history
Wednesday, 15 Jun 2016 11:47am EDT 

: North Dakota oil regulator says April production drop was largest monthly slip in state history . North Dakota oil regulator blames low prices, weather and road restrictions for April output decline . North Dakota oil regulator says zero drilling rigs operating today in Williams County . North Dakota oil regulator says state output could fall below 1 million barrels per day before end of year .North Dakota oil regulator says producers 'really making progress' on capturing natural gas, reducing flaring.  Full Article

Whiting petroleum gives notice to convert $476.3 mln of outstanding convertible notes
Tuesday, 10 May 2016 04:41pm EDT 

Whiting Petroleum Corp : Gave notice to mandatorily convert $476.3 million of outstanding convertible notes into shares of whiting common stock on May 18, 2016 .Whiting petroleum corporation announces notice of mandatory conversion of convertible notes issued in March 2016.  Full Article

Whiting Petroleum Corp lowers high end of prior FY 2015 production guidance; gives Q4 2015 production guidance
Wednesday, 28 Oct 2015 04:01pm EDT 

Whiting Petroleum Corp:Expects FY 2015 production of 59.2 - 59.6 MMBOE.Expects Q4 2015 production of 13.9 - 14.3 MMBOE.  Full Article

Whiting Petroleum Corp raises FY 2015 production outlook; gives Q3 2015 production outlook
Wednesday, 29 Jul 2015 04:00pm EDT 

Whiting Petroleum Corp:Expects FY 2015 production of 59.2 - 59.8 MMBOE.Expects Q3 2015 production of 14.7 - 15.1 MMBOE.  Full Article

Whiting Petroleum Corp announces completion of offering of common stock and senior notes
Friday, 27 Mar 2015 08:10pm EDT 

Whiting Petroleum Corp:Says that it completed its previously announced registered public offering of 35,000,000 shares of its common stock for total net proceeds of about $1.0 billion, after deducting underwriter's discounts and commissions.Also announced by separate press release that it has completed its previously announced private unregistered offering of $1.25 billion aggregate principal amount of 1.25 pct. convertible senior notes due 2020.Says this amount includes sale of $250 million aggregate principal amount of convertible senior notes pursuant to exercise of initial purchasers' option in full to purchase additional convertible senior notes.Announced that it has completed its previously announced private unregistered offering of $750 million aggregate principal amount of 6.25 pct. senior notes due 2023.Received about $3.0 billion in aggregate net proceeds from offerings.Used net proceeds from offerings to repay all of amounts outstanding under its credit agreement and will use remainder for its general corporate purposes.  Full Article

Whiting Petroleum Corp prices $750 million senior notes due 2023
Tuesday, 24 Mar 2015 04:27pm EDT 

Whiting Petroleum Corp:Prices $750 million aggregate principal amount of 6.25 pct senior notes due 2023 in a private unregistered offering to eligible purchasers.Says notes were priced at par.Offering is expected to close on March 27.Expects to use net proceeds to repay all or a portion of the amount outstanding under its credit agreement and any remainder for general corporate purposes.  Full Article

Whiting Petroleum Corporation announces pricing of $1.0 bln aggregate principal amount of convertible senior notes due 2020
Tuesday, 24 Mar 2015 09:41am EDT 

Whiting Petroleum Corporation:Prices $1.0 bln aggregate principal amount of 1.25 pct convertible senior notes due 2020.Says initial purchasers have 30-day option to purchase up to an additional $250.0 mln aggregate principal amount of convertible senior note.Convertible senior notes were priced at par.Offering is expected to close on March 27.Convertible senior notes will bear interest at rate of 1.25 pct per year, payable semi-annually in arrears on April 1 and Oct. 1, beginning on Oct. 1.Convertible senior notes will mature on April 1, 2020, unless earlier converted or repurchased.Convertible senior notes will be convertible at an initial conversion rate of 25.6410 shares of it's common stock per $1,000 principal amount of convertible senior notes, which is equivalent to an initial conversion price of about $39.00.Represents an about 30 pct premium to public offering price per share of it's common stock in concurrent public offering of it's common stock.Expects to use net proceeds to repay all or portion of the amount outstanding under its credit agreement and any remainder for general corporate purposes.  Full Article

Whiting Petroleum Corp announces pricing of public offering of common stock
Tuesday, 24 Mar 2015 09:39am EDT 

Whiting Petroleum Corp:Has priced public offering of 35,000,000 shares of its common stock at a price of $30.00 per share for total net proceeds of about $1.0 bln, after deducting underwriter's discounts and commissions.Says underwriter has 30-day option to purchase up to an additional 5,250,000 shares of Whiting's common stock.Says offering is expected to close on March 27, subject to customary conditions.Expects to use net proceeds from offerings to repay all a portion of amount outstanding under its credit agreement and any remainder for general corporate purposes.J.P. Morgan Securities LLC is acting as sole book-running manager.  Full Article

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Loeb's Third Point makes more new bets on energy, cuts stake in Dow

BOSTON Billionaire investor Daniel Loeb's hedge fund Third Point added new bets in the energy and information technology sectors with investments in Whiting Petroleum Corp., Facebook and Activision Blizzard Inc, according to regulatory filings on Friday.