Whiting Petroleum (WLL) Tops Q3 EPS by 5c, Offers Guidance

October 28, 2015 4:22 PM EDT
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Price: $68.03 --0%

Financial Fact:
Lease operating: 87.98M

Today's EPS Names:
SVBT, ZEO, OTLK, More
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Whiting Petroleum (NYSE: WLL) reported Q3 EPS of ($0.17), $0.05 better than the analyst estimate of ($0.22).

Outlook for Fourth Quarter and Full-Year 2015

The following table provides guidance for the fourth quarter and full-year 2015 based on current forecasts.

Guidance
Fourth Quarter Full-Year
2015 2015
Production (MMBOE)(1) 13.9 - 14.3 59.2 - 59.6
Lease operating expense per BOE $8.00 - $ 8.50 $9.10 - $ 9.50
General and administrative expense per BOE $2.90 - $ 3.10 $2.90 - $ 3.10
Interest expense per BOE $5.90 - $ 6.30 $5.40 - $ 5.80
Depreciation, depletion and amortization per BOE $20.75 - $ 21.75 $20.30 - $ 20.90
Production taxes (% of sales revenue) 8.6% - 8.8% 8.6% - 8.8%
Oil price differentials to NYMEX per Bbl (2)

($7.00) - ($ 8.00)

($7.50) - ($ 8.50)

Gas price differential to NYMEX per Mcf

($0.60) - ($ 0.20)

($0.60) - ($ 0.20)

(1) Does not include the impact of 2,500 BOE per day sold subsequent to end of the third quarter.
(2) Does not include the effect of NGLs.

For earnings history and earnings-related data on Whiting Petroleum (WLL) click here.



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