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DENVER (AP) _ Whiting Petroleum Corp. (WLL) on Wednesday reported a second-quarter loss of $149.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Denver-based company said it had a loss of 73 cents. Earnings, adjusted for one-time gains and costs, were 4 cents per share.
The results exceeded Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The oil and gas company posted revenue of $590 million in the period, which did not meet Street forecasts. Eleven analysts surveyed by Zacks expected $644.8 million.
Whiting shares have dropped 30 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.05, a drop of 74 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLL at http://www.zacks.com/ap/WLL
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Keywords: Whiting Petroleum, Earnings Report
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Whiting Petroleum Corporation
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CODE : WLL |
ISIN : US9663871021 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Whiting Petroleum est une société de production minière de pétrole basée aux Etats-Unis D'Amerique. Whiting Petroleum est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 6,2 milliards US$ (6,1 milliards €). La valeur de son action a atteint son plus haut niveau récent le 22 août 2008 à 99,26 US$, et son plus bas niveau récent le 03 avril 2020 à 0,25 US$. Whiting Petroleum possède 90 927 193 actions en circulation. |