QUOTE AND NEWS
Forbes  Feb 12  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 2/14/13, Whiting USA Trust II (NYSE: WHZ) will trade ex-dividend, for its quarterly dividend of $0.6508, payable on 3/1/13. As a percentage of WHZ's recent stock price of $16.67,...
StreetInsider.com  Nov 20  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Baird+Upgrades+Whiting+USA+Trust+%28WHZ%29+to+Neutral/7893303.html for the full story.
Forbes  Nov 9  Comment 
In trading on Friday, shares of Whiting USA Trust II (NYSE: WHZ) entered into oversold territory, changing hands as low as $18.12 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis...
Benzinga  May 2  Comment 
Stifel Nicolaus initiates its coverage on Whiting USA Trust II (NYSE: WHZ) with a Hold rating on shares as it believes the company's income stream is likely to diminish should commodity pricing not rise. Stifel Nicolaus comments, "The trust...
OilVoice  Mar 29  Comment 
Whiting Petroleum Corporation NYSE WLL announced that it completed its initial public offering of 18400000 units of beneficial interest in Whiting USA Trust II NYSE WHZ at 20.00 per trust uni
Benzinga  Mar 23  Comment 
Whiting Petroleum Corporation (NYSE: WLL) announced yesterday that it priced the initial public offering of 16,000,000 units of beneficial interest in Whiting USA Trust II at $20.00 per trust unit to the public. The trust units will trade on the...
StreetInsider.com  Mar 13  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Whiting+Petroleum+%28WLL%29+Commences+16M+Common+Offering+of+Whiting+USA+Trust+II/7266137.html for the full story.
Reuters  Mar 2  Comment 
Whiting USA Trust II said it expects to sell up to 16 million trust units at $19 to $21 apiece in its initial public offering.




 

Whiting USA Trust II (NYSE:WHZ)


Business Overview

New Updates

The company's initial public offering of stock on the NYSE occurred on March 22, 2012. The company offered 16M units each for $20. This was within the initial price range of $19-$21. The deal raised a total of approximately $320M. The lead mangers of the deal were Raymond James and Morgan Stanley.[1]

Trends & Forces

  1. Renaissance Capital - IPO Home "Oil and gas trust Whiting USA Trust II prices IPO at $20, the midpoint of the range" 22 Mar 2012
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