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Whiting Petroleum Corp (WLL)

WLL on New York Consolidated

5.10USD
22 Sep 2017
Change (% chg)

$0.00 (+0.00%)
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$5.10
Open
$5.11
Day's High
$5.24
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$5.07
Volume
10,103,622
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$13.39
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$3.97

Latest Key Developments (Source: Significant Developments)

Whiting petroleum announces plan for reverse stock split
Thursday, 7 Sep 2017 07:00am EDT 

Sept 7 (Reuters) - Whiting Petroleum Corp :Announces plan for reverse stock split.Plans to undertake reverse stock split of co's common stock at ratio ranging from any whole number between 1-for-2 to 1-for-6.  Full Article

Whiting Petroleum to sell Fort Berthold assets for $500 mln
Tuesday, 15 Aug 2017 09:00am EDT 

Aug 15 (Reuters) - Whiting Petroleum Corp :Whiting Petroleum Corporation announces $500 million sale of Fort Berthold area assets in North Dakota.Will use net proceeds from sale to repay $500 million of its current $550 million bank debt​.Properties involved in deal span 29,637 net acres, 29 non-operated drilling spacing units and 17 operated​.  Full Article

Whiting Petroleum CEO says 'optimistic' oil prices will rise
Thursday, 27 Jul 2017 12:13pm EDT 

July 27 (Reuters) - Whiting Petroleum Corp : :Chief Executive Jim Volker says 'optimistic' that oil prices will rise by end of year.Says has hedged 64 percent of production for the year at 'attractive prices'.Says expects hedge levels in 2018 to match 2017 levels.Says has four frack crews today in North Dakota's Bakken shale.Says expects to have about three frack crews in Bakken moving forward.CEO says has received 'strong interest' from potential buyers of Bakken acreage.CEO says no Bakken acreage sale deals have been signed.CEO says 'the market is strong' for Bakken acreage.CEO says company's reduction in capital budget plans for oil prices CLc1 at $45 per barrel.CEO says if oil prices CLc1 rise would add a frack crew before another drilling rig.Says comfortable with current well design using 9 million pounds of frack sand.Source text for Eikon: [ID:].  Full Article

Whiting Petroleum Corporation Q2 adjusted loss per share $0.18​
Wednesday, 26 Jul 2017 04:01pm EDT 

July 26 (Reuters) - Whiting Petroleum Corp :Whiting Petroleum Corporation announces second quarter 2017 financial and operating results.Whiting Petroleum Corp - revising FY capital budget to $950 million.Whiting Petroleum Corp qtrly loss per share $0.18​.Whiting Petroleum Corp - Q2 2017 average production of 112,660 boe/d.Whiting Petroleum Corp qtrly adjusted loss per share $0.18​.Whiting Petroleum Corp qtrly total operating revenues $ 311.5 million versus $ 337.0 million.Whiting Petroleum Corp - ‍company plans to put 82 wells on production in redtail area in third and fourth quarters​.Whiting Petroleum Corp - ‍anticipates an inventory of 38 duc (drilled uncompleted) wells at year-end​.Whiting Petroleum Corp sees Q3 production 10.5 mmboe - 11.1 mmboe.Whiting Petroleum Corp - ‍in Williston Basin, whiting plans to put 54 wells on production in third and fourth quarters​.Whiting Petroleum Corp sees full year 2017 2017 production 43.6 MMBOE - 44.3 MMBOE.Q2 earnings per share view $-0.19 -- Thomson Reuters I/B/E/S.Q3 revenue view $397.3 million -- Thomson Reuters I/B/E/S.  Full Article

Whiting petroleum Corp reports qtrly loss per share $0.24
Wednesday, 26 Apr 2017 04:01pm EDT 

April 26 (Reuters) - Whiting Petroleum Corp : :Whiting Petroleum Corp - q1 2017 average production of 117,360 boe/d at high end of guidance.Whiting Petroleum Corporation announces first quarter 2017 financial and operating results.Whiting Petroleum-raising 2017 production forecast and lowering per boe cost guidance for LOE, G&A, interest expense, DD&A and oil and gas differentials.Whiting Petroleum Corp qtrly loss per share $0.24.Whiting petroleum corp - raising its full-year production forecast to 45.2 to 46.2 mmboe.Whiting petroleum corp - reiterating its $1.1 billion full-year capital budget.Whiting Petroleum Corp qtrly adjusted loss per share $0.15.Q1 earnings per share view $-0.21, revenue view $360.6 million -- Thomson Reuters I/B/E/S.Whiting petroleum corp - qtrly total operating revenues-mm $ 371.3 million versus $289.7 million.  Full Article

Whiting Petroleum Q4 2016 average production 118,890 boe/d
Tuesday, 21 Feb 2017 04:41pm EST 

Whiting Petroleum Corp : Whiting petroleum corporation announces fourth quarter 2016 financial and operating results . Whiting petroleum corp - q4 2016 average production of 118,890 boe/d . Whiting petroleum corp - full-year 2016 capex on target at $554 million . Whiting petroleum corp - 2017 quarterly production forecast to grow 23% from q1 to q4 . Whiting petroleum corp - whiting projects a 2017 capital budget of $1.1 billion . Whiting petroleum corp - company forecasts 2017 production of 45.0 to 46.0 mmboe . Whiting petroleum corp sees q1 production 10.2 mmboe - 10.6 mmboe .Whiting petroleum corp sees full year 2017 45.0 mmboe - 46.0 mmboe.  Full Article

Whiting Petroleum enters into sales agreements for North Dakota midstream assets
Monday, 21 Nov 2016 04:15pm EST 

Whiting Petroleum Corp : Whiting Petroleum Corporation enters into sales agreements for North Dakota midstream assets . Purchase and sale agreements to sell its 50 percent interest in its Robinson Lake natural gas processing plant in North Dakota . Agreements to sell 50 percent interest in Belfield natural gas processing plant and associated natural gas, crude oil and water gathering systems . An affiliate of Tesoro Logistics Rockies LLC has agreed to purchase assets for $700 million .Whiting's share of sale price would be approximately $375 million.  Full Article

Whiting Petroleum Q3 loss per share $0.47
Wednesday, 26 Oct 2016 08:04pm EDT 

Whiting Petroleum Corp : Q3 loss per share $0.47 . Q3 2016 average production of 119,890 BOE/D at high end of guidance . Whiting is 68 percent hedged for remainder of 2016 and 49 percent hedged for 2017 as a percentage of September 2016 oil production . Sees Q4 production of 10.4 MMBOE to 10.8 MMBOE .Q3 earnings per share view $-0.41, revenue view $345.3 million -- Thomson Reuters I/B/E/S.  Full Article

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

BRIEF-Whiting petroleum announces plan for reverse stock split

* Plans to undertake reverse stock split of co's common stock at ratio ranging from any whole number between 1-for-2 to 1-for-6 Source text for Eikon: Further company coverage: