Whiting Petroleum (WLL) Tops Q3 EPS by 33c, Revenues Beat

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Whiting Petroleum Corporation Announces Third Quarter 2018 Financial and Operating Results

October 30, 2018 4:01 PM EDT

Q3 2018 Net Cash Provided by Operating Activities of $264 Million Exceeded Capital Expenditures by $56 Million; Q3 2018 Discretionary Cash Flow Exceeded Capital Expenditures by $90 Million Q3 2018 Diluted Earnings per Share of $1.32 and Adjusted Earnings per Share of $0.92 Q3 2018 Production Averaged 128,680 BOE/d, a 13% Increase Year-over-Year and a 2% Increase over Second Quarter 2018 DD&A per BOE below Low End of Guidance, G&A Expense per BOE and LOE per BOE at Low End of Guidance Company Added Crude Oil Hedges and Fixed... More