The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Tue., Mar. 31, 7:19 AM

Slide #15. Whiting Petroleum Corporation Secondary Offering

Company: Whiting Petroleum Corporation (NYSE:WLL)
Date announced: 3/23/2015
Shares Offered: 35,000,000
Date of Pricing: 3/24/2015
Price Per Share: $30.00
Secondary Offering Details: Whiting Petroleum Corporation (NYSE:WLL) announced today that it has priced a public offering of 35,000,000 shares of its common stock at a price of $30.00 per share for total net proceeds of approximately $1.0 billion, after deducting underwriter's discounts and commissions. The underwriter has a 30-day option to purchase up to an additional 5,250,000 shares of Whiting's common stock. The offering is expected to close on March 27, 2015, subject to customary conditions.

Whiting Petroleum is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas liquids and natural gas primarily in the Rocky Mountains and Permian Basin regions of the U.S. Co. sells its oil and gas production to end users, marketers and other purchasers that have access to nearby pipeline facilities. In areas with no access to pipelines, oil is trucked to storage facilities. As of Dec 31 2013, Co. had estimated total proved reserves of 438.5 million barrels of oil equivalent, consisting of 347.4 million barrels of oil, 44.9 million barrels of natural gas liquids and 277.50 billion cubic feet of natural gas.

Preferred: WLL.PRA

Open the WLL Page at The Online Investor »

Company Name:  Whiting Petroleum Corp
Sector:  Oil & Gas Exploration & Production
Number of ETFs Holding WLL:  37
Total Market Value Held by ETFs:  $97.51M
Total Market Capitalization:  $5.27B
% of Market Cap. Held by ETFs:  1.85%

Open the WLL Page at The Online Investor (in a new window) »

March 31, 2015    7:19 AM Eastern
Quotes delayed 20 minutes

Buy (3.28 out of 4)
59th percentile
(ranked higher than approx. 59% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2015, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.