Whiting Petroleum (WLL) Tops Q4 EPS by 4c

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Whiting Petroleum Corporation Announces Fourth Quarter 2016 Financial and Operating Results

February 21, 2017 4:01 PM EST

Q4 2016 Net Cash Provided by Operating Activities of $236.8 Million Exceeded Capex by $114.9 Million Q4 2016 Average Production of 118,890 BOE/d Above High End of Guidance; Williston Basin Production Grew 3% Sequentially Q4 2016 LOE at Low End of Guidance at $8.01 per BOE Full-Year 2016 Capex on Target at $554 million Williston Basin 90-Day Average Production Rate per Well in 2016 Increased 42% over 2015 and 84% over 2014 Large Volume Completions Continued to Exceed Expectations with a 30-Day Average... More