Edition:
United States

Whiting Petroleum Corp (WLL)

WLL on New York Consolidated

30.63USD
22 Jan 2018
Change (% chg)

$0.70 (+2.34%)
Prev Close
$29.93
Open
$29.97
Day's High
$30.74
Day's Low
$29.93
Volume
2,362,273
Avg. Vol
5,403,955
52-wk High
$49.64
52-wk Low
$15.88

Latest Key Developments (Source: Significant Developments)

Whiting Announces Pricing Of $1 Bln In Aggregate Principal Amount Of Senior Notes Due 2026
Tuesday, 12 Dec 2017 04:35pm EST 

Dec 12 (Reuters) - Whiting Petroleum Corp ::WHITING PETROLEUM CORP - PRICED $1.0 BILLION AGGREGATE PRINCIPAL AMOUNT OF 6.625% SENIOR NOTES DUE 2026.  Full Article

Whiting Announces Private Offering Of $750 Mln In Aggregate Principal Amount Of Senior Notes Due 2026
Tuesday, 12 Dec 2017 07:30am EST 

Dec 12 (Reuters) - Whiting Petroleum Corp ::WHITING ANNOUNCES PRIVATE OFFERING OF $750 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2026.WHITING PETROLEUM - TO USE PROCEEDS, WITH BORROWINGS UNDER WHITING OIL AND GAS CORP CREDIT AGREEMENT, TO REDEEM ALL ITS 5.000 PCT SENIOR NOTES DUE 2019.  Full Article

Whiting Petroleum says expects to record impairment charge between $800 mln-$900 mln in Q4 2017 for partial write-down of certain of its assets
Monday, 11 Dec 2017 06:34am EST 

Dec 11 (Reuters) - Whiting Petroleum Corp ::Whiting Petroleum says expects to record impairment charge between $800 million and $900 million in Q4 2017 for partial write-down of certain of its assets.Whiting Petroleum Corp says on Dec 7, board of co concluded material charge for impairment to one of its assets was required ‍​.Whiting Petroleum Corp says ‍does not expect that impairment charge will result in any current or future cash expenditures​ - SEC filing.Whiting Petroleum says partial write-down is of certain of co's assets at redtail field in DJ Basin in Weld County, Colorado - SEC filing.Whiting Petroleum - after certain adjustments, sees year end 2017 SEC proved reserve volumes to be comparable to year end 2016 SEC proved reserve volumes.Whiting Petroleum - due to decision to focus development activities in Williston Basin in 2018, co reduced reserves, impaired investment at Redtail Field​.  Full Article

WHITING PETROLEUM CORPORATION ANNOUNCES 1-FOR 4 REVERSE STOCK SPLIT
Wednesday, 8 Nov 2017 10:37am EST 

Nov 8 (Reuters) - Whiting Petroleum Corp ::WHITING PETROLEUM CORPORATION ANNOUNCES 1-FOR 4 REVERSE STOCK SPLIT.‍WHITING COMMON STOCK WILL BEGIN TRADING ON A SPLIT-ADJUSTED BASIS WHEN MARKETS OPEN ON NOVEMBER 9, 2017​.  Full Article

Whiting Petroleum Corp reports qtrly adjusted ‍loss per share $0.14
Wednesday, 25 Oct 2017 04:01pm EDT 

Oct 25 (Reuters) - Whiting Petroleum Corp :Whiting Petroleum Corporation announces third quarter 2017 financial and operating results.Whiting Petroleum Corp - ‍Q3 2017 average production of 114,350 BOE/d​.Whiting Petroleum Corp qtrly ‍loss per share $0.79​.Whiting Petroleum Corp qtrly adjusted ‍loss per share $0.14.Whiting Petroleum Corp qtrly ‍total operating revenues $324.2 million versus $315.6​ million.Whiting Petroleum Corp - sees Q4 ‍production 11.3 MMBOE - 11.9 MMBOE​.Whiting Petroleum Corp- ‍operations plan on track with no change to FY capital budget​.  Full Article

Whiting Petroleum names Bradley Holly president and CEO
Tuesday, 24 Oct 2017 04:30pm EDT 

Oct 25 (Reuters) - Whiting Petroleum Corp :Whiting Petroleum Corp names Bradley J. Holly president and chief executive officer.Whiting Petroleum Corp - ‍james Volker to retire as chief executive officer​.Whiting Petroleum Corp - ‍Holly previously served as executive vice president, U.S. onshore exploration and production for anadarko petroleum corporation​.  Full Article

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

BRIEF-Whiting Announces Pricing Of $1 Bln In Aggregate Principal Amount Of Senior Notes Due 2026

* WHITING PETROLEUM CORP - PRICED $1.0 BILLION AGGREGATE PRINCIPAL AMOUNT OF 6.625% SENIOR NOTES DUE 2026 Source text for Eikon: Further company coverage: