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Enter Symbol:
 
Whiting USA Trust I (WHX) [hlAlert]

Whiting USA Trust I (the Trust) is a trust formed by Whiting Petroleum Corporation (Whiting). The Trust was formed to acquire and hold a term net profits interest (NPI) for the Trust unitholders to covey the Trust from Whiting Oil and Gas Corporation and Equity Oil Company, which are subsidiaries
of Whiting. These oil and gas properties include interests in 3,099 gross producing oil and gas wells. The NPI entitles the Trust to receive 90% of the net proceeds, which are attributable to the Trust?s interest, from the sale of production from the underlying properties. The underlying properties are located in the Rocky Mountains, Mid-Continent, Permian Basin, and Gulf Coast regions. The business and affairs of the Trust are managed by The Bank of New York Mellon Trust Company, N.A. Production from the underlying properties for the year ended December 31, 2008, was approximately 56% oil and approximately 44% natural gas.
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( Total: 3 Current Stock Recommendations )
Whiting USA Trust I   (3)
Sell 67% Buy 33%
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Show  

Date (ET)MemberRatingYTD
Gains
 
6/17/2008  
Buy
  
5/18/2010  
Sell
  
2/16/2012  
Sell
  

* As of 8/27/2015 12:00 AM
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