Whiting Petroleum

Tyler Durden's picture

Frontrunning: March 25





  • ECB Tells Greek Banks Not to Boost Exposure to Athens Government’s Debt (WSJ)
  • Search teams probe wreckage of jet in French Alps (Reuters)
  • Flight Recorders Offer Best Hope of Explaining Jet’s Fatal Drop (BBG)
  • Yemen Houthi militia sweeps toward Aden in threat to president (Reuters)
  • In Nigeria, Oil Price’s Slide Deters Theft (WSJ)
  • Saudi Arabia building up military near Yemen border (Reuters)
  • Quant Who Shook the Financial World Tries More Humble Approach (BBG)
  • Executive Pensions Are Swelling at Top Companies (WSJ)
 
Tyler Durden's picture

Frontrunning: March 24





  • Germanwings Airbus crashes in France, 148 feared dead (Reuters)
  • Greece promises list of reforms by Monday to unlock cash (Reuters)
  • Merkel Points Tsipras Toward Deal With Greece’s Creditors (BBG)
  • Banks Shift Bond Portfolios -Move to ‘held to maturity’ category aims to guard against rising rates, shield capital  (WSJ)
  • Beijing to Shut All Major Coal Power Plants to Cut Pollution (BBG)
  • As Silence Falls on Chicago Trading Pits, a Working-Class Portal Also Closes (NYT)
  • Oil below $56 as Saudi output near record, China activity slows (Reuters)
 
Tyler Durden's picture

There Goes The Shale M&A Bid - Whiting Petroleum Finds 'No Buyer', Forced To Issue Massive Secondary





TINA - There Is No Alternative... except when it comes to energy stocks. Having been exuberantly chased brioefly after announcing it was looking for a buyer - fueling further excitement about a low-oil-price-driven Shale firm M&A boom - Whiting Petroleum appears to have found no buyer as it prepares for a massive 35 million share secondary dilution (and almost $2bn of new debt). We wonder - have they tried Kickstarter?

 
EconMatters's picture

Thoughts on The Current Oil Market





Our views on some of the popular oil-market related topics including Saudi, 'Fracklog', E&P Funding Crisis, Dividend Cut by XOM? and final thought on Merit of the Integrated Model

 
Tyler Durden's picture

"Motivated" Seller Whiting Petroleum Jumps Despite 1043x Forward P/E





Whiting Petroleum - the largest oil producer in the Bakken shale formation - has caught some investors' (and TV talking heads) eyes this morning as it has jumped over 11% on speculation that its decision to put itself up for sale - as a "motivated" seller - somehow means the collapse in the share price will be reversed by some greater fool who sees "synergies." We wonder though... who exactly is going to buy this company that trades at a 1043x Forward P/E?

 
Tyler Durden's picture

Frontrunning: March 9





  • ECB Starts Buying German, Italian Government Bonds Under QE Plan (BBG)
  • Creditors Reject Greece's Reform Proposals (BBG)
  • Is Apple Watch the Timex digital watch of the Internet era? (Reuters)
  • Tesla shedding jobs in China as sales target missed (Reuters)
  • Malaysia Airlines says expired battery on MH370 did not hinder search (Reuters)
  • Gunmen kill more than 12 Islamic State militants in eastern Syria (Reuters)
  • GM Plans Share Buyback, Averting Proxy Fight (WSJ)
  • Wisconsin capital marked by third day of protests after police shooting (Reuters)
 
Tyler Durden's picture

Frontrunning: February 3





  • RBA cuts interest rates to record low of 2.25% (SMH)
  • RBI keeps rates on hold (Reuters), India allows banks flexibility on big projects to reboot growth (Reuters)
  • BP slashes capital spending by 20% (FT)
  • Greek Retreat on Writedown May Move Fight to Spending (BBG)
  • Rosneft accounting move helps BP beat profit forecast (Reuters)
  • Amazon in Talks to Buy Some of RadioShack's Stores (BBG)
  • Behind Obama's budget proposals, a gloomy view of the future (Reuters)
  • How the Justice Department, S&P Came to Terms (WSJ)
  • Staples, Office Depot in Advanced Talks to Merge (WSJ)
 
Tyler Durden's picture

These Shale Companies Will File For Bankruptcy First: Goldman's "Best And Worst" Shale Matrix





Over a month ago we presented a ranking of "America's most levered energy companies." Since then they have all, without exception gotten clobbered, not only in their publicly traded stock but also their debt. Today, long after the liquidation whirlwind has left junk bond owners dazed and confused, Goldman catches up, and lays out a matrix of shale companies sorted not only by leveraged (they see 2.5x as the cutoff; we used 4.0x) but also by shale asset quality. From there, it also lays out the various opportunities, if any, available to the management teams in the resultant 4 quadrants. Readers will be most interested in the "restructuring/bankruptcy" option, most applicable for Group 4, because these are the names which,  all else equal, will file for bankruptcy first.

 
Tyler Durden's picture

Frontrunning: January 14





  • U.S. Index Futures Decline on Commodities Slump, Growth Concerns (BBG)
  • Al Qaeda claims French attack, derides Paris rally (Reuters)
  • Charlie Hebdo With Muhammad Cover on Sale With Heavy Security Precautions (BBG)
  • How an Obscure Tax Loophole Brought Down Obama's Treasury Nominee  (BBG)
  • ECB’s bond plan is legal ‘in principle’ (FT)
  • Charlie Hebdo fallout: Specter of fascist past haunts European nationalism (Reuters)
  • DRW to acquire smaller rival Chopper Trading (FT)
  • Oil fall could lead to capex collapse: DoubleLine's Gundlach (Reuters)
 
Tyler Durden's picture

Frontrunning: January 8





  • French policewoman killed in shoot-out, hunt deepens for militant killers (Reuters)
  • The Bold Charlie Hebdo Covers the Satirical Magazine Was Not Afraid to Run (BBG)
  • Evans Says Fed Shouldn’t Rush Rate Rise as Inflation Undershoots (BBG)
  • Oil holds above $51 as traders search for floor (Reuters)
  • Gross Helps Fuel New Fund With His Own Cash (WSJ)
  • ECB warns Greek funding access hinges on keeping bailout (Reuters)
  • Greece Jolts QE Juggernaut as ECB Gauges Deflation Risk (BBG)
  • Analysts Say There's No Telling How Low Oil Prices Could Go (BBG)
  • Scientists find antibiotic that kills bugs without resistance (Reuters)
 
Tyler Durden's picture

Frontrunning: December 19





  • Icahn, Paulson Suffer Large Losses as Energy-Related Bets Sour (WSJ)
  • Oil Investors Keep Betting Wrong on When Market Will Bottom (BBG)
  • U.S. to sell final $1.25 billion shares of Ally Financial from bailout (Reuters)
  • Ally Financial Gets Subpoena Related to Subprime Automotive Finance (WSJ)
  • Russia's parliament rushes through bill boosting banking capital (Reuters)
  • How a Memo Cost Big Banks $37 Billion (WSJ)
  • ECB considers making weaker euro zone states bear more quantitative easing risk (Reuters)
  • How the U.S. Could Retaliate Against North Korea (BBG)
 
Tyler Durden's picture

Frontrunning: December 16





  • Ruble Sinks to 80 a Dollar Defying Surprise Russia Rate Increase (BBG)
  • Oil slumps near $59 for first time since 2009 on oversupply (Reuters)
  • Oil sinks, Russian moves fail to quell nerves (Reuters)
  • Fed Seen Looking Past Low Inflation to Drop ‘Considerable Time (BBG)
  • Students Among Dead as Pakistan Gunmen Kill 126 at Army School (BBG)
  • Repsol to buy Talisman Energy for $13 billion (Reuters)
  • Indonesia’s Rupiah Erases Decline After Central Bank Intervenes (BBG)
  • Anti-Islam Rally Grows as Immigrant Backlash Hits Europe (BBG)
  • Saudi Arabia is playing chicken with its oil (Reuters)
 
Tyler Durden's picture

Frontrunning: October 30





  • "Soaring consumer confidence" - How the Economy Is Stoking Voter Anger at Incumbent Governors (WSJ)
  • Euro zone deflation worries shield German Bunds from upbeat Fed (Reuters)
  • Greece’s Euro Dilemma Is Back as Minister Sees Volatility (BBG)
  • Ukraine gas supplies in doubt as Russia seeks EU payment deal (Reuters)
  • Sterling Lads Chats Show FX Traders Matching Fix Orders (BBG)
  • NATO Tracks Large-Scale Russia Air Activity in Europe (WSJ)
  • U.K. SFO Charges Ex-Tullett Prebon Broker in Libor-Rigging Probe (BBG)
  • Jerusalem on edge after shooting of rabbi (FT)
  • Israeli police kill Palestinian suspected of shooting far-right activist (Reuters)
  • Samsung seeks smartphone revamp to arrest profit slide (Reuters)
 
Tyler Durden's picture

Frontrunning: October 27





  • White House questions new Ebola rules, nurse plans to sue (Reuters)
  • States stand firm on Ebola quarantines despite White House pressure (Reuters)
  • Rousseff Naming Brazil Finance Minister Key to Regain Trust (BBG)
  • Ukraine leader wins pro-West mandate but wary of Russia (Reuters)
  • Single Firm Holds More Than 50% of Copper in LME Warehouses (WSJ)
  • Treasury Liquidity Squeeze Seen as Dealer Shut Off Machine (BBG)
  • CVS follows Rite-Aid, shuts off Apple Pay (USAToday)
  • Oil Speculators Bet Wrong as Rebound Proves Fleeting (BBG)
  • Draghi Sets Stimulus Pace as ECB Reveals Covered-Bond Purchases (BBG)
  • German Ifo Business Confidence Drops for Sixth Month (BBG)
 
Tyler Durden's picture

Frontrunning: October 23





  • Canada PM vows crackdown after capital shocked by fatal attacks (Reuters)
  • Canada Gunman Was Convert to Islam With Criminal Record (BBG)
  • Some U.S. hospitals weigh withholding care to Ebola patients (Reuters)
  • But... Great rotation... Bond funds stock up on Treasuries in prep for market shock (Reuters)
  • Saudis at War With Islamic State Confront Echo of Kingdom’s Past (BBG)
  • EU’s Top Banker Warns of Rule Fixation ‘Going Beyond Reason (BBG)
  • U.S.-led air strikes killed 521 fighters, 32 civilians in Syria (Reuters)
  • Growing Kurdish Unity Helps West, Worries Turkey (WSJ)
  • Don’t Be Distracted by the Pass Rate in ECB’s Bank Exams (BBG)
  • Hedge Funds Add to Venture-Capital Bounty (WSJ)
  • Speed-of-Light Trading Grows in Europe With McKay Network (BBG)
 
Syndicate content
Do NOT follow this link or you will be banned from the site!