Chord Energy Corp. announced the successful completion of the combination of Whiting Petroleum Corp. and Oasis Petroleum Inc., creating a scaled unconventional U.S. oil producer with a premier Williston Basin position with top tier assets across approximately 972,000 net acres, combined first quarter production of 171.1 thousand boepd, and enhanced [...]
Oasis Petroleum Inc. announced that its Board of Directors has, subject to certain conditions, declared a special dividend of $15.00 per share of Oasis common stock. The special dividend is being declared in connection with, and its payment is subject to, the closing of Oasis' previously announced merger with Whiting Petroleum Corp. The special [...]
Whiting Petroleum Corp. today announced first quarter 2022 results. First Quarter 2022 Financial Highlights Revenue was $527 million for the quarter ending March 31, 2022 Net loss was $37 million or $0.95 per diluted share Adjusted net income was $185 million or $4.61 per diluted share Adjusted EBITDAX was $248 million Net cash provided by [...]
Whiting Petroleum Corp. announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share on Whiting's outstanding common stock. The dividend is payable June 1, 2022, to stockholders of record at the close of business on May 20, 2022. About Whiting Petroleum Corporation Whiting Petroleum Corp., a Delaware [...]
The sell-side dial-in phone number for the conference call should read: 1-877-328-5506 . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220307005443/en/ The updated release reads: $6.0 Creating a Scaled Unconventional U.S. Oil Producer with a Premier Williston Basin Acreage Position [...]
Whiting Petroleum Corp. and Oasis Petroleum Inc. today announced they have entered into an agreement to combine in a merger of equals transaction. The combined company will have a premier Williston Basin position with top tier assets across approximately 972K net acres, combined production of 167.8 thousand boepd, significant scale and enhanced [...]
Whiting Petroleum Corporation today announced fourth quarter 2021 results. Fourth Quarter 2021 Highlights Revenue was $473 million for the quarter ending December 31, 2021 Net income was $292 million or $7.34 per diluted share Adjusted net income was $168 million or $4.23 per diluted share Adjusted EBITDAX was $226 million Net cash provided by [...]
Whiting Petroleum Corp. today announced that it has entered into two separate definitive agreements to acquire non-operated oil and gas assets in the Williston Basin of North Dakota. The Company also announced its 2022 capital, operating costs and production guidance, reflecting an operating plan focused on delivering sustainable free cash flow [...]
Whiting Petroleum Corporation today announced third quarter 2021 results. Third Quarter 2021 Highlights Revenue was $401 million for the quarter ending September 30, 2021 Net income was $198 million or $5.00 per diluted share Adjusted net income was $142 million or $3.57 per diluted share Adjusted EBITDAX was $201 million September 30, 2021 net [...]
Fundare Resources Company, LLC , a Denver based, independent exploration and production company, announced today that is has completed the acquisition of oil and gas assets in the Denver-Julesburg Basin of Colorado from Whiting Petroleum Company . Following a transition period, Fundare will take over operations from Whiting on November 1, 2021 [...]
Whiting Petroleum Corp. today announced that is has completed its previously announced acquisition of the leasehold interests and related assets in the Williston Basin of North Dakota. The Company also closed the divestiture of its Redtail leasehold interests and related assets, including associated midstream assets, located in the Denver-Julesburg [...]
Whiting Petroleum Corp. today announced second quarter 2021 results. Second Quarter 2021 Highlights Revenue was $352 million for the quarter ending June 30, 2021 Net loss was $62 million or $1.57 per diluted share Adjusted net income was $118 million or $3.01 per diluted share Adjusted EBITDAX was $176 million June 30, 2021 net debt of $98 million [...]
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