Whiting USA Trust II (OTCMKTS:WHZT) Upgraded at ValuEngine

ValuEngine upgraded shares of Whiting USA Trust II (OTCMKTS:WHZT) from a sell rating to a hold rating in a research note released on Thursday morning, ValuEngine reports.

Shares of OTCMKTS:WHZT traded up $0.01 on Thursday, reaching $1.17. The company had a trading volume of 2,512 shares, compared to its average volume of 37,961. Whiting USA Trust II has a twelve month low of $1.00 and a twelve month high of $3.16. The company has a 50-day moving average of $1.18. The stock has a market cap of $21.51 million, a PE ratio of 1.56 and a beta of 1.34.

Whiting USA Trust II (OTCMKTS:WHZT) last announced its quarterly earnings results on Friday, May 10th. The company reported $0.10 earnings per share for the quarter. Whiting USA Trust II had a return on equity of 128.65% and a net margin of 37.58%. The company had revenue of $11.44 million during the quarter.

About Whiting USA Trust II

Whiting USA Trust II holds a term net profits interest in the oil and gas producing properties located in the Permian Basin, Rocky Mountains, Gulf Coast, and Mid-Continent regions. As of December 31, 2018, its oil and gas properties included interests in approximately 367.8 net producing oil and natural gas wells located in 46 predominately mature fields with established production profiles in 10 states.

Featured Story: What is the yield curve?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Whiting USA Trust II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whiting USA Trust II and related companies with MarketBeat.com's FREE daily email newsletter.