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
HOUSTON--(BUSINESS WIRE)-- Whiting USA Trust II (OTC: WHZT) announced today that the Trust will make a distribution to unitholders in the first quarter of 2018, which relates to net profits generated during the fourth quarterly payment period of 2017. Unitholders of record on February 19, 2018 will receive a distribution of $0.171231 per unit, which is payable on or before March 1, 2018 (the “February 2018 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 February 19, 2018 for this distribution is only applicable to unitholders of record such as Cede & Co., and the ex-date, as set by The Financial Industry Regulatory Authority, Inc., or FINRA, actually determines which street name holders will be eligible to rec
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