Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) today announced that it completed its previously announced private unregistered offering to eligible purchasers of $1.0 billion aggregate principal amount of 6.625% senior notes due 2026 (the “notes”). Whiting received approximately $987.5 million in aggregate net proceeds from the sale of the notes. Whiting expects to use the net proceeds from the sale of the notes to redeem all of its 5.000% senior notes due 2019 (the “2019 Notes”) and pay related fees and ...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) today announced that it has priced $1.0 billion aggregate principal amount of 6.625% senior notes due 2026 in a private unregistered offering to eligible purchasers. The notes were priced at par. The offering is expected to close on December 27, 2017, subject to customary conditions. Whiting expects to use the net proceeds from the offering to redeem all of its 5.000% senior notes due 2019 (the “2019 Notes”) and pay related fees and expenses, including the re...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) announced that it has commenced a private unregistered offering to eligible purchasers of $750 million aggregate principal amount of senior notes due 2026. Whiting expects to use the net proceeds from the offering, together with borrowings under the Whiting Oil and Gas Corporation credit agreement, to redeem all of its 5.000% senior notes due 2019 (the “2019 Notes”) and pay related fees and expenses, including the redemption premium and accrued interest on the 2019 No...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) today announced that Pete Hagist, Whiting’s Senior Vice President of Planning, will present at the Capital One Securities Annual Energy Conference at the Omni Royal Orleans Hotel in New Orleans. Mr. Hagist’s presentation will begin at 8:30 a.m. Central Time on Thursday, December 7, 2017. Mr. Hagist’s live presentation may be accessed on the Internet by logging onto the following link: http://wsw.com/webcast/cof9/wll/. The presentation materials and link to th...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) today announced that Pete Hagist, Whiting’s Senior Vice President of Planning, will present at the Bank of America Merrill Lynch Global Energy Conference at the 1 Hotel South Beach in Miami, Florida. Mr. Hagist’s presentation will begin at 1:20 p.m. Eastern Time on Thursday, November 16, 2017. Mr. Hagist’s live presentation may be accessed on the Internet by logging onto the following link: http://www.veracast.com/webcasts/baml/energy2017/id38108406276.cfm. T...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) announced today that, following approval of the reverse stock split and authorized share reduction by Whiting stockholders at a special meeting of stockholders earlier today, Whiting’s Board of Directors determined to effect the reverse stock split of Whiting’s common stock at a ratio of 1-for-4. The applicable Certificate of Amendment to the Company’s Restated Certificate of Incorporation was filed with the Delaware Secretary of State and will become effective at 5:0...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) today announced that Bradley J. Holly has been named President and Chief Executive Officer and a member of the Company’s Board of Directors, effective November 1, 2017. Mr. Holly previously served as Executive Vice President, U.S. Onshore Exploration and Production for Anadarko Petroleum Corporation. Mr. Holly has been appointed in connection with the planned retirement of James J. Volker, age 70, who has served as Whiting’s President and Chief Executive Offi...
WHITING PETROLEUM CORP. (US), a company active in the Exploration & Production industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as risky. At the fundamental level, theScreener confirms the rating of 1 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Slightly Negative even if it remains under pressure. As of the analysis date September 12, 2017, ...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) announced today that it plans to undertake a reverse stock split of Whiting’s common stock at a ratio ranging from any whole number between 1-for-2 to 1-for-6, as determined by Whiting’s Board of Directors, and a reduction in the number of authorized shares of its common stock as set forth in the chart below based on the reverse stock split ratio that is selected. ...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) announced today that it closed the previously announced sale of its Fort Berthold Indian Reservation area assets located in Dunn and McLean Counties, North Dakota. The purchase price was $500 million, subject to closing and post-closing adjustments. The Company used the proceeds from the sale to pay $500 million down on its revolver. About Whiting Petroleum Corporation Whiting Petroleum Corporation, a Delaware corporation, is an independent oi...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (the “Company”) (NYSE:WLL) has an agreement to sell its Fort Berthold Indian Reservation area assets located in Dunn and McLean Counties, North Dakota to RimRock Oil & Gas Williston, LLC. The cash purchase price is $500 million, subject to customary adjustments. Whiting will use the net proceeds from the sale to repay $500 million of its current $550 million bank debt. The effective and closing date of the sale is September 1, 2017. James J. Volker, Whiting's Chairman, P...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) today announced that James J. Volker, Whiting’s President and CEO, will present at the EnerCom Oil & Gas Conference at the Westin Hotel in Denver, Colorado. Mr. Volker’s presentation will begin at 10:05 a.m. Mountain Time on Monday, August 14, 2017. Mr. Volker’s live presentation may be accessed on the Internet by logging onto the following link: http://www.theoilandgasconference.com/togc-webcast/wll/. The presentation materials and link to the webcast will a...
DENVER--(BUSINESS WIRE)-- Whiting’s (NYSE: WLL) production in the second quarter 2017 totaled 10.3 million barrels of oil equivalent (MMBOE), comprised of 83% crude oil/natural gas liquids (NGLs). Second quarter 2017 production averaged 112,660 barrels of oil equivalent per day (BOE/d). 10 out of 22 wells completed during the quarter commenced production in June. The production benefit of these wells is expected to be experienced mainly during the second half of 2017. Whiting’s depreciation, depletion and amortization (DD&A) rate of $...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE:WLL) will release its second quarter 2017 financial and operating results on Wednesday, July 26, 2017 after the market closes. A conference call with investors, analysts and other interested parties is scheduled for 11:00 a.m. ET (10:00 a.m. CT, 9:00 a.m. MT) on Thursday, July 27, 2017 to discuss Whiting's second quarter 2017 financial and operating results. Participants are encouraged to pre-register for the conference call by clicking on the following link: http://dpregis...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) today announced that James J. Volker, Whiting’s President and CEO, will present at the J.P. Morgan Energy Equity Conference at the Grand Hyatt Hotel in New York City. Mr. Volker’s presentation will begin at 11:20 a.m. Eastern Time on Tuesday, June 27, 2017. Mr. Volker’s live presentation may be accessed on the Internet by logging onto the following link: http://jpmorgan.metameetings.net/events/energy17/sessions/12766-whiting-petroleum-corporation/webcast. The...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE: WLL) today announced that Mike Stevens, Whiting’s Senior Vice President and CFO, will present at the Bank of America Merrill Lynch 2017 Energy Credit Conference in New York City. Mr. Steven’s presentation will begin at 2:20 p.m. Eastern Time on Tuesday, June 6, 2017. Mr. Steven’s live presentation may be accessed on the Internet by logging onto the following link: http://www.veracast.com/webcasts/baml/energycredit2017/id21108103582.cfm. The presentation materials ...
DENVER--(BUSINESS WIRE)-- Whiting’s (NYSE: WLL) production in the first quarter 2017 totaled 10.6 million barrels of oil equivalent (MMBOE), comprised of 84% crude oil/natural gas liquids (NGLs). First quarter 2017 production averaged 117,360 barrels of oil equivalent per day (BOE/d), at the high end of guidance. Lease operating expense (LOE) benefited from a comprehensive water-handling plan and a maintenance program that has reduced well downtime across Whiting’s properties. Depreciation, depletion and amortization (DD&A) benefited ...
DENVER--(BUSINESS WIRE)-- Whiting Petroleum Corporation (NYSE:WLL) will release its first quarter 2017 financial and operating results on Wednesday, April 26, 2017 after the market closes. A conference call with investors, analysts and other interested parties is scheduled for 11:00 a.m. ET (10:00 a.m. CT, 9:00 a.m. MT) on Thursday, April 27, 2017 to discuss Whiting's first quarter 2017 financial and operating results. Participants are encouraged to pre-register for the conference call by clicking on the following link: http://dpregis...
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