POTENTIAL DEAL DETAILS
Stock | Whiting Petroleum Corporation | Symbol | WLL |
Date Announced | 03/06/2022 | Source | Wall Street Journal |
Type | News Report |
Date of Confirmation: | 03/07/2022 | Price at Confirmation: | $84.96 |
Potential Profit: | 1.83% | Annualized Profit: | 669.36% |
Oasis Petroleum Inc. (OAS) and Whiting Petroleum Corp. (WLL) are close to a deal to merge, according to people familiar with the matter.
Update(s):
March 7, 2022: Whiting Petroleum Corporation (WLL) and Oasis Petroleum Inc. (OAS) announced they have entered into an agreement to combine in a merger of equals transaction.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.