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Whiting USA Trust II (WHZ) Message Board

  • brilliantstorm brilliantstorm Aug 7, 2013 10:05 PM Flag

    New Higher Oil Prices & Internal Cost Controls-Indicate Far Higher Future Quarterly Distributions-WHZ-!!!

    There is a new trend at play for Whiting USA Trust II. The worm has turned as 'they' would say...even though average prices for oil and gas liquids came in slightly higher than last quarter-costs dropped dramatically! Too half way through the period oil prices in particular steadied.

    Inspection of current oil prices since June 30th, 2013....indicate that we may be looking at an average of perhaps as much as $8.00 or more-again per Bbl. from this latest reported quarter...ended June 30th.

    I am expecting the next payout to come in between .80 and .88 cents...even further north of what we currently see at current. I am saying this as oil only needs to average...$96.-$98.-Dols. a bbl or more...even an average at $102....might get out distribution pushing up towards .85 or .90 cents...this kind of development would likely have the effect of the trading market for WHZ shares moving up towards $18. or projection within the next 2-4 months out. All capital losses would have been mitigated as well---assuming you have dollar cost averaged over the last 4 months or so.

    We have a rare opportunity to significantly 'beat-the-market for the balance of this year...too any further increase in economics for us here in the U.S. in terms of further improvement....say 3% G.D.P., and were liable to be looking at $110.+ for oil....

    Nuff said!

    Comments are most welcome.

    p.s. I understand quite a few WHZ shares have been sold short...whoops...welcome to the 'Long-Party'!

    Sentiment: Strong Buy

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