WLL - Dividend announcements

HOUSTON, June 16, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis") announced today that its Board of Directors has, subject to certain conditions, declared a special dividend of $15.00 per share of Oasis common stock. The special dividend is being declared in connection with, and its payment is subject to, the closing of Oasis' previously announced merger (the "Merger") with Whiting Petroleum Corporation (NYSE:WLL) ("Whiting"). The special dividend would be payable following the closing of the Merger to Oasis' stockholders of record as of the close of business on the first business day following the date on which both Oasis' shareholders and Whiting's shareholders have approv

Whiting Petroleum Corporation (NYSE:WLL) ("Whiting" or the "Company") today announced first quarter 2022 results. First Quarter 2022 Financial Highlights Revenue was $527 million for the quarter ending March 31, 2022 Net loss (GAAP) was $37 million or $0.95 per diluted share Adjusted net income (non-GAAP) was $185 million or $4.61 per diluted share Adjusted EBITDAX (non-GAAP) was $248 million Net cash provided by operating activities (GAAP) was $209 million Adjusted free cash flow (non-GAAP) was $150 million March 31, 2022 debt was $50 million Whiting and Oasis Merger Update On March 7, 2022, Whiting and Oasis Petroleum Inc. ("Oasis") entered into an agreement to combine i

Whiting Petroleum Corporation (NYSE:WLL) ("Whiting" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share on Whiting's outstanding common stock. The dividend is payable June 1, 2022, to stockholders of record at the close of business on May 20, 2022. About Whiting Petroleum Corporation Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company engaged in the development, production and acquisition of crude oil, NGLs and natural gas primarily in the Rocky Mountains region of the United States. The Company's largest projects are in the Bakken and Three Forks plays in North Dakota and Montana. The