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DENVER (AP) _ Whiting Petroleum Corp. (WLL) on Wednesday reported third-quarter net income of $158 million.
On a per-share basis, the Denver-based company said it had net income of $1.32. Earnings, adjusted for non-recurring gains, were $1.24 per share.
The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The oil and gas company posted revenue of $813.1 million in the period, which also did not meet Street forecasts. Analysts expected $842.8 million, according to Zacks.
Whiting shares have fallen 3 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $60.03, a drop of 14 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. WLL stock research report from Zacks.
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Keywords:Whiting,Earnings Report
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Whiting Petroleum Corporation
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CODE : WLL |
ISIN : US9663871021 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Whiting Petroleum is a oil producing company based in United states of america. Whiting Petroleum is listed in Germany and in United States of America. Its market capitalisation is US$ 6.2 billions as of today (€ 6.1 billions). Its stock quote reached its highest recent level on August 22, 2008 at US$ 99.26, and its lowest recent point on April 03, 2020 at US$ 0.25. Whiting Petroleum has 90 927 193 shares outstanding. |