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Whiting Petroleum Corporation News

Diamond Offshore Files for Bankruptcy as Price War, Pandemic Slam Oil Prices

Diamond Offshore Drilling files for bankruptcy as a price war and the coronavirus pandemic crushed crude oil prices.

Continental Resources Reportedly Declares Force Majeure as Coronavirus Tanks Oil Prices

Continental Resources invokes force majeure on at least one of its oil delivery contracts after oil prices collapsed.

15 Companies Facing Bankruptcy in the Coronavirus Pandemic

The number of companies filing for Ch. 11 or 7 will rise as the shutdowns continue and more Americans are unemployed.

Whiting Petroleum Files for Bankruptcy

Whiting says existing shareholders would get a 3% equity stake in the reorganized company under its restructuring plan.

Whiting Petroleum Shares Off on Report It Might Buy Rival and on Wolfe Downgrade

The Denver energy company is down after Reuters reported it's exploring an all-stock acquisition of smaller rival Abraxas. Whiting was also downgraded at Wolfe Research.

Breaking News

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.