Tag: Whiting Petroleum (WLL)
Five Oil Stocks To Avoid…
Five Oil Stocks To Avoid At All Costs… With the price of West Texas Intermediate (WTI) collapsing to new 2015 lows near $40 a barrel, many US oil exploration companies are finding themselves in a living nightmare. The days of strong balance sheets, positive cash flow, and profitable production are becoming a distant memory. Those […]
What’s The Next Oil Patch Buyout?
Things are heating up in the Bakken oil fields of North Dakota and Montana… Whiting Petroleum (WLL) just announced they’re acquiring Kodiak Oil & Gas (KOG) in a $6 billion deal. Whiting will get access to Kodiak’s 171,000 net acres in the Williston Basin in exchange for $3.8 billion in stock and assumption of $2.2 […]
