Whiting Petroleum (WLL) Tops Q4 EPS by 19c
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Whiting Petroleum Corporation Announces Fourth Quarter and Full-Year 2019 Results; Provides 2020 Capital Budget and Guidance
February 27, 2020 8:30 AM ESTFull-Year 2019 Capital Expenditures were $778 Million, $42 Million below the Mid-Point of Guidance; Fourth Quarter 2019 Capital Expenditures were $103 Million Fourth Quarter Net Cash Provided by Operating Activities Totaled $235 Million and Free Cash Flow was $86 Million(1) Fourth Quarter Total Production of 123,000 BOE per day was above the Mid-Point of Guidance; Oil Production of 80,200 BO per day was at the Mid-Point Full-Year 2019 LOE and G&A(2) per BOE were below the Mid-Point of Guidance All-in 2020 Capital Budget of $585 - $620 Million, a 23% Decline from 2019 at the Mid-Point
DENVER--(BUSINESS WIRE)-- Whiting... More
