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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

Twitter Stock Leaps As Elon Musk Adds More Equity To $44 Billion Takeover Bid, Closes Tesla Margin Loan

Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website.

Nvidia Stock: Investors Are Buying the Dip. Where From Here?

Nvidia stock is being bought on the dip. Here's how traders should approach it now.

Macy's Stock Soars On Q1 Earning Beat, 2022 Profit Forecast Boost As Shoppers Defy Inflation Gloom

"While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop," said CEO Jeff Gennette.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.