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  • Whiting Petroleum to launch offerings for 35M shares, $1B in senior notes [View news story]
    No, WLL is not going bankrupt, in fact, it stays it´s course and you should blame the author who said it was going to sell it self.

    Dont listen to a rumor if you cannot tell the diffrence between a lie and truth.

    It makes perfect business sense to rebalance its debt over a number of years and who knows when WTI Crude Price is going to increase.

    Oil in general, who knows if any nation, Big Oil is going to follow Saudia Arabia wish for a higher Oil Price. The failed Opec descion to control the entire oil industry fueled green energy and made big oil, more profitable for a long time.

    It is time for OPEC to pay the Price and accept that it is no longer in control of the oil indystry.
    Mar 24, 2015. 04:42 AM | 1 Like Like |Link to Comment
  • Uncertainty Shrouds Whiting Petroleum [View article]
    Two things undoubtely comes to mind.

    1. Assest sale for $1Billion
    2. Capex cut for 50% out of $2 Billion is $1Billion

    Adding this together gives, $2 Billion in debt reduction, for year 2015, that might be considered possitive. I Believe they should use every dollar toward debt reduction and that will increase the profit for each BOE.
    Mar 12, 2015. 01:17 PM | 1 Like Like |Link to Comment
  • What Is Whiting Petroleum Worth In A Sale? [View article]
    WLL is not for sale.
    The article from WSJ says, maybe it will be sold.

    The facts are.
    WLL already said in the latest transcript, that they were going to sell assets without saying specific what items.
    Now, the age culture between what the WSJ wrote and what the CEO of WLL is that for a young author his or her imagination runs off when a 65+ year old CEO keeps his mouth shut and reveal as little as possible.

    The book that buyers can look into, is not public, but, when selling in a depressed market, an open sale book would speed up the process and more classified bids.
    Mar 11, 2015. 11:32 AM | 1 Like Like |Link to Comment
  • What Is Whiting Petroleum Worth In A Sale? [View article]
    There is plenty of risk.
    1. WLL is focused on organic growth, trough adding more debt.
    2. Should the WTI crude price take into effect the increasing storage, then you would see the price decline.
    3. Why would anyone invest in oil atm, when there is no organic need anywhere and where this is a negative sentiment using public money to rebuild roads. Roads require oil.
    4. The largest growth in oil consumption was, industrial production and for any real increase US needs to produce more for domestic consumption and wage increases.
    5 however small it seems, green energy and better car fuel effencieny
    Mar 10, 2015. 05:07 PM | 4 Likes Like |Link to Comment
  • Whiting Petroleum: With Oil At $50, Is It The Right Time To Pursue A Sale? [View article]
    This is a good article.

    You highlight what is important to look at.

    The WTI Oil Price, it has been stabile, slight increased from the low 45$ since 1-29-2015 till today Price at 50$. This has been stabile, despite increased production and an increase use of Oil Storage, in fact 12% from 48% to 60% in 12 month.

    Also, you have to look at all the countries that sell on WTI Oil Price, to see, if they are lowering oil production, I believe they don't have the any other alternative to do the same, lower production and increase efficiency.

    WLL debt could be significantly lowered by years end, if they sell assets, as the article says, $1 Billion dollar. That is positive. And it would be more positive if WLL took a 12 month timeout for exploration and did what it could for debt repayment.

    Decreased well operating costs is positive, but, today, increased production is a negative Word, but, if the other smaller Oil producers went out of business and the oil crude Price increased it would be a positive joker as decreased operating costs and increased production can provide a significant boost in profits.

    The technology behind the well production increases, if they are worth something to the big 3, it would be a competitive edge for the buyer.

    US oil politics, have simply not been covered and should be discussed openly, and WLL has a possibility to export Petroleum and more.

    The very old Saudi Arabia imposed ban on US oil export should be changed because, Vladimir Putin, is using and threatening to block EU for gas. Vladimir Putin has also gained an energy geopolitical strategic advantage over Turkey and Greece, both NATO members, as Russia now can supply gas etc. Russia is trying to block a third party pipeline access from the East to West.

    A buyer of WLL would have an excellent Company, and it would be a perfect timing while the market is, atm, a buyers market.
    Mar 9, 2015. 06:46 PM | Likes Like |Link to Comment
  • WSJ: $5.8B Whiting Petroleum seeking a buyer [View news story]
    WLL has to use every dollar it earns or has toward debt reduction, so a potential buyer will buy something that can repay the debt on its own.

    That will result in a better share Price for the stockholders.
    Mar 7, 2015. 05:33 AM | 2 Likes Like |Link to Comment
  • Whiting Petroleum - Reasons To Be Cautious [View article]
    For WLL to be sold, it has to use every dollar it has and availble revenue stream to repay/lower its debt commitment and then a buyer will come.
    Mar 7, 2015. 05:10 AM | Likes Like |Link to Comment
  • Crude futures decline after inventory data [View news story]
    A Bounce might happen in 4 to 6 weeks when the amount of rigs actually lowers production.

    Look at this chart from Bloomberg.
    Mar 4, 2015. 12:29 PM | 2 Likes Like |Link to Comment
  • Crude futures decline after inventory data [View news story]
    Yes, they could Ban oil import from Venezuela, which are friends with Iran.
    Mar 4, 2015. 12:20 PM | 4 Likes Like |Link to Comment
  • Whiting Petroleum - Reasons To Be Cautious [View article]
    The outlook for Oil, is, more companies are cutting production, and this company is also considering asset sale.

    When you read the transcript q4 2014, the ceo is saying they will sell assest and I get the impresium, that they are going to sell everything else than their main site. The author does not mention it, and he also does not mention the company that handles debt, M&A, etc.

    The future for oil is that WTI may be increasing because many US drillers are cuting invesment in exploration and closing/merging drill site to cut cost and reduce production.

    The outlook for Oil production cut, is, it will take time to stop the growth rate, reduce the oil storage, and hoping that opec not will increase production.

    WLL added 3 Billion dollar of additional longterm debt, and they had a whopping 1,2 Billion dollar of expenses in the quarter, an increase of 440 million dollar from the previous quarter, and yet they managed a full year of just 65 million dollar in profit, a decrease from last year by 301 million dollars.

    All in all, WLL should not have bought the kodiak company, and the ceo of this company should retire.

    For the investor, next week, stay away from buying, but, short it as this is going to be a solid red stock. You can then think, ahh, the stock can get to cheap in some future time, but no, there is to much debt and a CEO that will sell asset, but to what end?

    The ceo, should retire and a focused management team should take over and start reducing the debt with every single dollar they can get there hand on.

    They cannot transfer the debt to europe as the dollar gets stronger toward the euro, and that will increase the total debt, but, reduce the interest rate.
    Feb 28, 2015. 08:45 AM | Likes Like |Link to Comment
  • Whiting Petroleum misses by $0.05, misses on revenue [View news story]
    I interpret this as a result of declining Oil prices, WTI is Down more than 50% but wll declined 4,4% so it is not as bad as it seems to.
    Feb 26, 2015. 10:07 AM | Likes Like |Link to Comment
  • Why The Danish Krone Is Falling [View article]
    Oh no, that policy will not be dropped.
    Jan 23, 2015. 12:49 PM | Likes Like |Link to Comment
  • Why Whiting USA Trust I's 110% Yield Is Too Good To Be True [View article]
    You should get out of both trusts, and then Buy WLL.
    WLL is in a perfect storm, it just acquired 2 Billion dollar debt, and needs to sell in this lower market and when there is less debt WLL stock will rise again above 33$.

    I believe WLL will sell both trust, because WLL is way above its borrowing limits.
    Dec 29, 2014. 11:27 AM | 1 Like Like |Link to Comment
  • What Is Whiting USA Trust II's Breakeven? [View article]
    Let us actually wait 3 months, and then another 3 months before saying Oil, WTI, is actually 42$.

    WHZ Sells oil, and calculate the cumulative Price for 3 months, and let us wait and see if WTI continue to increase.
    Dec 18, 2014. 10:11 AM | 2 Likes Like |Link to Comment
  • France credit rating cut at Fitch [View news story]
    There is no one who can bail out France.
    Dec 13, 2014. 02:24 PM | 1 Like Like |Link to Comment