A three-way collar is a combination of options: a sold call, a purchased put and a sold put. The sold call establishes a maximum price (ceiling) Whiting will receive for the volumes under contract. The purchased put establishes a minimum price (floor), unless the market price falls below the sold put (sub-floor), at which point the minimum price would be NYMEX plus the difference between the purchased put and the sold put strike price.
REGULAR COLLARS also. WLL is hedged 45% through 2016. Hedges are well placed . 38% of these hedges are in the form of a three-way spread and the remaining 7% are from a collar Three-way collars Crude oil 01/2016 to 03/2016 550,000 $43.18/$53.18/$76.26 Crude oil 04/2016 to 06/2016 550,000 $43.18/$53.18/$76.26 Crude oil 07/2016 to 09/2016 550,000 $43.18/$53.18/$76.26 Crude oil 10/2016 to 12/2016 550,000 $43.18/$53.18/$76.26 ********(Collars ***** Crude oil 01/2015 to 03/2015 9,000 $85.00/$102.75 Crude oil 04/2015 to 06/2015 9,100 $85.00/$102.75 Crude oil 07/2015 to 09/2015 209,200 $51.06/$57.37 Crude oil 10/2015 to 12/2015 209,200 $51.06/$57.37 Crude oil 01/2016 to 03/2016 250,000 $51.00/$63.48 Crude oil 04/2016 to 06/2016 250,000 $51.00/$63.48 Crude oil 07/2016 to 09/2016 250,000 $51.00/$63.48 Crude oil 10/2016 to 12/2016 250,000 $51.00/$63.48 Crude oil 01/2017 to 03/2017 250,000 $53.00/$70.44 Crude oil 04/2017 to 06/2017 250,000 $53.00/$70.44 Crude oil 07/2017 to 09/2017 250,000 $53.00/$70.44 Crude oil 10/2017 to 12/2017 250,000 $53.00/$70.44 (1) A three-way collar is a combination of options: a sold call, a purchased put and a sold put. The sold call establishes a maximum price (ceiling) we will receive for the volumes under contract. The purchased put establishes a minimum price (floor), unless the market price falls below the sold put (sub-floor), at which point the minimum price would be NYMEX plus the difference between the purchased put and the sold put strike price.
Fixed-differential Crude Oil Contracts. We have entered into two fixed-differential crude oil sales and delivery contracts for oil volumes we plan to produce from the Niobrara in Colorado. Fourth Quarter and Full Year 2015 Financial Results
• Fourth quarter total revenue of $205.5 million increases 12% year-over-year; 22% in constant currency
• Fourth quarter license revenue of $126.1 million increases 12% year-over-year; 21% in constant currency
• Full year total revenue of $612.7 million increases 10% year-over-year; 23% in constant currency
• Full year license revenue of $327.0 million increases 9% year-over-year; 21% in constant currency
• Initiates full year 2016 total revenue growth guidance of 13% to 15% on a reported basis and 15% to 17% on a constant currency basis
average peer debt is much higher and the reductions in production a HE!! of a lot lower. Did you see the production increases and EBITA ((((( MAKING MONEY)))))))))))))) monkey brains are going to lose in the long run here. I don't use a week Metrix. Cover soon my silly con man.
over the last 100 years .............. Da you got your head up your #$%$ if you are betting on 1950 technology. For the sixth consecutive year Qlik was positioned in the Leaders Quadrant of Gartner?s Business Intelligence and Analytics Platforms Magic Quadrant report which was issued last week. Gartner stated that ?compared with its chief competitors, Qlik scores significantly higher on complexity of analysis- As a result, Gartner recognized Qlik?s enhanced vision and our Platform approach as one of the most complete solutions on the market. MANY INVESTERS bailed out of WLL as they bought the Kodiak assets at the high . The timing was off and a misstep in the timing of the Kodiak acquisition, though the deal isn't a disaster because the company is rapidly improving its costs, well performance, and returns. New technologies, science, data driven monitoring and sensors for the industry last year was not even thought of has made the USA very able to compete. The company now is ready to take advantage of New drilling methods, pipelines, new waist/ water removal. New on/off pumps, drill close for fracking, new pad drilling, chemicals, Chemicals, Smart drill-bits with computer chips can seek out cracks in the rock. New dissolvable plugs promise to save $300,000 a well. "We've driven down drilling costs by 50pc, and we can see another 30pc a head . In the new and large oil prone sweet spot of the eastern DJ Basin of Colorado, we have over 118,000 net acres. Similar to our Bakken and Three Forks acreage position, we are rapidly growing our Niobrara A, B, C and Codell interval production and have an estimated 5,800 future gross drilling locations in these zones. , Colorado we lead the industry with our competitive assets, dedication to technology and record setting results.do and Texas. Headquartered in Denver, Colorado we lead the industry with our competitive assets, dedication to technology and record setting techniques. MY GOD! where are you y
Not the first quarter but guidance for the year is positive. AT 4.5 OAS and WLL are very over sold. In two years they will be a triple. Double next year I am betting. READ the last quarter as they were positive. They will be challenged the next 3 months.
I think an honest question would be have you seen guidance? Guidance Range Q1 2016 is for a 12 cent loss with the rest of the year bringing in Non-GAAP income per diluted common share2 of a positive .44 cents for the year. You don't have to give inside information to read.
Added new customers during the quarter including AEG Power Solutions GmbH, Antea USA, Inc., Asurion Corporation, Banca Transylvania, Captain Tortue France, Cloudtail India Pvt. Ltd., Ecare, Environmental Protection Agency, Eriks NV, Ferdinand Bilstein GmbH + Co. KG, ISAB Refinery LUKOIL Group, Jackson Hewitt Tax Service Inc., KPMG Advisory GmbH, L&T Technology Services Limited, Medica Health Plans, Michelin North America, Inc., Modernizing Medicine, Pantos Logistics Co., Ltd., Qantas Airways Limited, Singapore University of Technology and Design, SPIMACO (Saudi Pharmaceutical Industries & Medical Appliances Corporation), Subaru of America, Inc., Taekwang Industrial Co. Ltd., Thales Alenia SpAce Italia SpA, Trainline, and the University of Pittsburgh Medical Center (UPMC).
• Expanded numerous customer engagements globally through our land and expand strategy including Aggregate Industries UK Ltd., Aesynt Incorporated, AFLAC, Anheuser Busch InBev, Aramark, AxisPoint Health, CaixaBank, Citigroup Inc., Compuware, De Lage Landen Financial Services, Inc., DuPont India, E. Breuninger GmbH und Co. KG, eClinical Solutions, Elkem AS, Enerjisa Enerji Hizmetleri AS, Geodis Wilson Holding AB, Haya Real Estate S.L. Unipersonal, Hirschmann Automotive GmbH, John Wiley & Sons Inc., Lenovo, Lindorff AS, LGT Bank in Liechtenstein AG, Liberty Global Services BV, M-Tech Systems, Milliman Inc., Moody's Analytics, National Express UK Coach, Nordea Markets, Norges Statsbaner AS, Paddy Power, Renfe Operadora, Rovio Entertainment Oy, Royal Mail Group, Seal Software, SIG Information Technology GmbH Rechnungsprüfung, Specialty Care Services Group LLC, Universitätsspital Basel, The University of Kansas Hospital, and Trident Seafoods Corporation.
• Completed 255 deals with license and first year maintenance over $100,000 in the fourth quarter of 2015, including 89 deals over $250,000 and 13 deals over $1 million, compared to 238 deals over $100,000, including 71 deals over $250,000 and 9 deal
There is a scenario oyster smell like rotten fish and shots.
5 · 2 months ago
+195.45% in 4 months
Whiting Petroleum Corp ($WLL ) was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating. Expand
JPMorgan Chase & Co....
32 · 2 months ago
+331.82% in 4 months
Whiting Petroleum Corp ($WLL ) is now covered by analysts at JPMorgan Chase & Co.. Expand
130 · 4 months ago
+331.82% in 2 months
Whiting Petroleum Corp ($WLL) was upgraded by analysts at Zacks from a "hold" rating to a "buy" rating. Expand
18 · 4 months ago
+422.73% in 2 months
Whiting Petroleum Corp ($WLL) was downgraded by analysts at Deutsche Bank from a "buy" rating to a "hold" rating. Expand
91 · 4 months ago
+422.73% in 2 months
Whiting Petroleum Corp ($WLL) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. Expand
5 · 4 months ago
+422.73% in 2 months
Whiting Petroleum in strong position - WLL is pretty well hedged through the end of 2016, when crude breaks north of $50.00 WLL is out of the danger zone. Expand
149 · 5 months ago
+445.45% in a month
Whiting Petroleum Corp
NOTHING IS ROLLING OFF if you can read, cover shorty as this is a great turn around play with plenty of liquidity to make it. WHY LIE? Whiting Chief Executive Jim Volker stressed in a press release that the company has enough cash and access to credit to weather the price storm and "focus on enhancing returns through cost control and technology improvements."
You are an idiot , period. Most companies in the industry have much more debt then equity. ALL companies in oil but the big blue chips are worse off and saddled with debt. Being about even is mighty good at this point in the game and their debt is not due tell 2019. This company has great liquidity and you are full of BS Maybe the very high short ratio is spooking you. Whiting (NYSE:WLL) is levered up to a 1.09 debt-to-equity ratio.
The company reported adjusted EPS at ($0.17), better than the consensus expectation of ($0.25) and Iberia's estimate of ($0.39). The EPS beat is likely to have been driven by marginally higher realizations, lower operating costs, and a lower tax rate, analyst Eli Kantor said. OIL Falling like it did the reserves and assets must be priced to keep the books in line. This always spooks some with huge write offs. ITS Time to buy. Production rose 38 percent to 160,590 barrels of oil equivalent per day (boe/d) even as the average price Whiting received for its oil fell 49 percent. Reuters report, the company effectively paid $23.77 per barrel for Whiting's proven reserves, KODIAK. Costsin the BAKKEN have come way down as wells go in 25% cheaper and with its newest completion method driving a 44% increase in production from wells drilled. Biggest North Dakota Bakken area and the reserves will should be worth more in the future . As oil returns to a normal level these assets will appreciate and send the stock higher. IT’S A new day in oil as technologies have made 50 dollar oil like 80 and 90 $ dollar oil. Whiting’s liquidity position remains strong. Liquidity at the end of Q3/15 consisted of ~$38M in cash and an undrawn revolver with a $3.5B commitment level and $4.0B borrowing base. The borrowing base was recently reduced from $4.5B, while the commitment level remained unchanged. 20-15, Whiting has sold ~$400M of assets and anticipates further non-core asset sales in the near term. A larger midstream sale is also possible. We are modeling the company to be close to cash flow breakeven through the end of 2017. With ~$3.6B of liquidity and no meaningful debt maturities until 2019, Whiting looks to be in very good shape from a financial perspective and in our view is an attractive takeover target in what we believe will be an accelerating M&A environment in 2016.We
Look at the year chart for WTI. The stairs down are clear. Every seven dollars down we have a rally. We should really soon. I would start adding a fee here and we are just six dollars from ebeybodies 20 dollar oil or one more step down. We may not get the last step to twenty dollar oil. I am adding
I had a fee in my 401k and Fidelity sold them out from under me claiming they were not the right investment vehicles for my plan. They just offered them back at no trading cost. They saved me a ton of money. Just the same its funny they are OK now. The tax structure gave them fits in the 401. This is going to blast off today or tomorrow
Look at the year chart as the stair steps down are very clear. From the tops of the rallies to the fall are around seven dollars a cycle. The pattern has been obvious. With all information presented from experts and analysts we are one the bottom or next to the last leg Dow to low twenty dollar oil. Today is time to start nibbling. It will rebound again close to where we are now. At the top of this next rebound we could fall another seven dollars for 20 dollar oil. After ever drop I would start adding.
The oil chart is easy to read on the slide down. The wti chart is playable moves up and down. Today. You cover and go long for two days. I think we have one more stair step down after this 3 day rebound. About seven dollar moves down each step. This step down to 26 $ WTI is close to the bottom. Analyst say we go to twenty dollar oil which would be one more step down on the year chart. You time is about over
We are talking about an industry melt down. This has hedged, I feel it will make it. The middle off this year shoulf VB be a real turning point. The market is always about 6 months of the cycles. I think we are close here to the bottom. Today would be a good buying day to buy as d the stairs down in the year chart for WTI show 7 dollar drops from high to low. It's a tradable pattern.
Look at the daily oil charts the last year. From the peak to bottom every stair down is about seven dollars. Look at the last peak to the floor going in today? About seven dollars. TIME to load again.