Investor Catching Stocks: Whiting Petroleum Corp (WLL), Rovi Corporation (ROVI)

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Whiting Petroleum Corp (NYSE:WLL):

Stock’s Trading Stats:

Whiting Petroleum Corp (NYSE:WLL) surged 1.95% yesterday and closed at $12.00. The company’s market capitalization is at $2.41 billion with an average trading volume of 30.24 Million. The total number of Outstanding Shares Held by the company are 204.39 Million.

Recent Press Release:

Whiting Petroleum Corp. (WLL) on April 27, 2016 production in the first quarter 2016 totaled 13.4 million barrels of oil equivalent (MMBOE), an average of 146,770 barrels of oil equivalent per day (BOE/d), which was comprised of 87% crude oil/natural gas liquids (NGLs).

On April 14, 2016, Whiting reached a wellbore participation agreement with a private party who will pay 65% of drilling and completion costs to earn a 50% working interest in 44 gross Williston Basin wells. This comprises a $30.7 million cash payment that Whiting received in April for wells already in progress. Under this agreement, Whiting will continue to run two drilling rigs and will add a completion crew. With this participation agreement, Whiting plans to add production and proved reserves with no enhance to its capex budget.

Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in the Rocky Mountain and Permian Basin regions of the United States. The Company’s largest projects are in the Bakken and Three Forks plays in North Dakota, the Niobrara play in northeast Colorado and its Improved Oil Recovery field in Texas. The Company trades publicly under the symbol WLL on the New York Stock Exchange. For further information, please visit http://www.whiting.com.

Rovi Corporation (NASDAQ:ROVI):

Stock’s Trading Stats:

Rovi Corporation (NASDAQ:ROVI) closed at $17.62 yesterday by showing an increase of 1.56%. The total number of outstanding shares held by the company are 83.29 Million with the total market capitalization of $1.44 billion. The number of shares traded on the last trading session are 4.20 Million.

Recent Press Release:

Rovi Corporation (ROVI) on April 29, 2016 stated financial results for the first quarter ended March 31, 2016.

The Company stated first quarter revenue of $118.4 million, a decrease of 12% contrast to $134.0 million in the first quarter of 2015. As predictable, revenues were lower than in the comparable period in the preceding year, which benefited from higher Service Provider revenues, in part due to having an unnamed top-10 North American Service Provider under license, and higher analog content protection revenues. First quarter 2016 Net loss was $17.7 million, contrast to $15.5 million Net loss for the first quarter of 2015. First quarter Diluted loss per share was $0.22, contrast to $0.18 Diluted loss per share in the first quarter of 2015.

Rovi Corporation (ROVI) is creating personalized and data-driven ways for viewers to discover the right entertainment and for providers to discover the right audiences. Chosen by top brands in entertainment content, services and devices, Rovi touches the lives of hundreds of millions of consumers by providing comprehensive solutions, customizable products and technology licensing to make discovery simple, seamless and personal. With more than 5,000 issued or pending patents worldwide, Rovi is advancing entertainment and audience discovery.