Whiting is HUGE in the Bakken. i am staying position and maybe add more. they are awaiting a pipeling to be approved in ND and ND will approve it as they are having a traffic problem with so many trucks and it is creating bad roads. so when the pipeling gets approved this stock will jump on that and they are a prime takeover target also. there is one well in ND is the best well in the world. can u believe that. WOW. is true. ND has a future and WLL is one of the biggest players. stay put or add more
i have had a long position in both for a long period of time, and IMHO CLR stock price was held up by the Cramer mad money show, while about the same time WLL was shorted to death and undeservably beat down in price.. Both companies have there own individual strengths.. so lets compare the stock price in a week.. As CLR will have earnings out tonight also. don
Harold Hamm the CEO of Clr also owns 72% of the stock and he will not sell it until he feels like it. Bing worth 8.5billion and loving running his o means Clr will bounce around until Harold determines he will sell then it will be worth a lot.
Kog, Wll, OAS, nog and Tplm are all better Bakken plays now.