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1.65204077135573E-16 1.65204077135573E-16 1.65204077135573E-16 1.65204077135573E-16 1.65204077135573E-16 0.0183678214368753 0.0113926993722391 0.0113926993722391
Stock impact report

Whiting Petroleum Reports Second Quarter 2021 Financial and Operating Results

Whiting Petroleum Corporation (New) (WLL) 
Last whiting petroleum corporation (new) earnings: 2/27 08:30 am Check Earnings Report
US:NYSE Investor Relations: whiting.com/investor-relations
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE: WLL) (“Whiting” or the “Company”) today announced second quarter 2021 results.Second Quarter 2021 HighlightsRevenue was $352 million for the quarter ending June 30, 2021Net loss (GAAP) was $62 million or $1.57 per diluted shareAdjusted net income (non-GAAP) was $118 million or $3.01 per diluted shareAdjusted EBITDAX (non-GAAP) was $176 millionJune 30, 2021 net debt of $98 million (non-GAAP)Lynn A. Peterson, President and CEO commented, "Our team is delivering positive results and the economic conditions continue to be in our favor. We generated net cash provided by operating activities of $183 million and $111 million in adjusted free cash flow during the quarter and over $200 million through six months. We have reinvested approximately a third of our EBITDAX back into our operations with the balance used to rapidly reduce our debt position. Subsequent to the quarter, the Company announced the purchase of assets within Show less Read more
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