Whiting Petroleum Corporation (WLL) ended last trading session with a change of -1.39 percent. It trades at an average volume of 21.66M shares versus 8.5M shares recorded at the end of last trading session. The share price of $12.02 is at a distance of 258.81 percent from its 52-week low and down -16.76 percent versus its peak. The company has a market cap of $3.47B and currently has 288.37M shares outstanding. The share price is currently -0.98 percent versus its SMA20, 17.3 percent versus its SMA50, and 26.31 percent versus its SMA200. The stock has a weekly performance of -2.44 percent and is 27.33 percent year-to-date as of the recent close.
On December 10, 2016 Whiting Petroleum Corporation (WLL) announced that it gave notice to mandatorily convert $716.8 million of outstanding mandatory convertible notes into shares of Whiting common stock on December 19, 2016. Prior to such notice, holders of $4.2 million of outstanding mandatory convertible notes had voluntarily converted such notes into shares of Whiting common stock. As a result of the mandatory conversion and the voluntary conversions, the Company will have issued approximately 77.6 million shares of its common stock to retire all of the $721.0 million of mandatory convertible senior notes and mandatory convertible senior subordinated notes identified in the chart.
Southwestern Energy Company (SWN) recently recorded 1.12 percent change and currently at $10.82 is 104.15 percent away from its 52-week low and down -30.6 percent versus its peak. It has a past 5-day performance of -2.35 percent and trades at an average volume of 16.15M shares. The stock has a 1-month performance of -4.67 percent and is 52.18 percent year-to-date as of the recent close. There were about 489.96M shares outstanding which made its market cap $5.3B. The share price is currently -4.88 percent versus its SMA20, -1.48 percent versus its SMA50, and -11.73 percent versus its SMA200.
On Dec. 12, 2016 Southwestern Energy Company (SWN) announced that its Board of Directors declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on January 17, 2017, to holders of record on January 1, 2017. This equates to $0.78125 for each depositary share, which represents a 1/20th interest in a share of the Series B preferred stock. The dividend is for the period beginning on October 15, 2016 and ending on January 14, 2017.