Whiting USA Trust II Announces Trust Quarterly Distribution
Whiting Petroleum Corporation (New) (WLL)
Last whiting petroleum corporation (new) earnings: 2/27 08:30 am
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Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)-- Whiting USA Trust II (OTC: WHZT) announced today that the Trust will make a distribution to unitholders in the second quarter of 2017, which relates to net profits generated during the first quarterly payment period of 2017. Unitholders of record on May 20, 2017 (which results in an effective record date of May 19, 2017 due to the 20th of May falling on a non-trading day) will receive a distribution of $0.145591 per unit, which is payable on or before May 30, 2017 (the “May 2017 distribution”). As of the date of this press release, 99.9% of the Trust’s total 18,400,000 units outstanding were held by Cede & Co. (The Depository Trust Corporation’s nominee) as the official unitholder of record. The effective record date of May 19, 2017 for this distribution is only applicable to unitholders of record such as Cede & Co., and the ex-date, as set by The Financial Industry Regul
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