Current WLL Stock Info

Highest net income since Q3 2014
Whiting Petroleum (ticker: WLL) announced third quarter results today, showing net income of $121.4 million, or $1.33 per share. This is the strongest earnings reported by Whiting since Q3 2014.

Whiting produced 128.7 MBOEPD in Q3, up 2% from last quarter’s output. The company spent $207 million in CapEx this quarter, nearly even with the $203 million spent in Q2. Whiting generated $56 million in free cash in Q3, continuing its consistent free cash flow.
Infill drilling producing strong results
Whiting is currently testing infill drilling in its Sanish area, filling in the spaces between its legacy wells. The McNamara project saw Whiting drill six infill wells using carefully designed completions, seek...


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