Seaport Global Securities Downgrades Whiting Petroleum (WLL) to Neutral

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Whiting Petroleum (WLL) Misses Q4 EPS by 13c

February 24, 2016 5:01 PM EST

Whiting Petroleum (NYSE: WLL) reported Q4 EPS of ($0.43), $0.13 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $425.3 million versus the consensus estimate of $493.47 million.

2016 Capital Budget and Production Forecast

Whiting projects a 2016 capital budget of $500 million, a decrease of approximately 80% from its 2015 capital expenditures.... More