WHITING USA TRUST II (WHZ)

[Lucid_NH]

I wonder if when oil goes back up and whzt gets back up to over a buck, will they re-list ?

[cjmeyer]

Down to .10 in early trading

[cjmeyer]

Off to the pinksheets as WHZT

[Timothy Smith]

Whiting USA Trust II (WHZ -8.5%) plunges after reporting Q1 distributable income of $0.327/unit from $0.651 reported in the same period last year (10-Q), and oil and natural gas revenues during Q1 fell by $9.5M (or 31%) from the prior-year quarter.

[Davnet01]

Did I read that distribution correctly..01? What the heck happened here..

[bobbytx1]

Hope it goes up so I can get out n short it

[bobbytx1]

I guess I have to buy more but next divvy is going to s u ck 2

[PICKALITTLE]

I'd say this drops to 2.50 to 3.50 range.

[bobbytx1]

.012 WTF I'm screwed

[PICKALITTLE]

I've read anywhere between zero and .15 cent.

[Flobewan]

Don't know about the next 12 months but you can get an idea from the history.

http://www.nasdaq.com/symbol/whz/dividend-history

[Davnet01]

Does anyone have any ideal what the projected dividend will be over the next 12 months?

[MtnManMike]

POS cycle

Do I need to say anything more????
Ohhh wait there is a quarterly distribution.
That will save the day....

[lesgetrich]

I think I may have found the cause. Check out the following article...

Whiting's Production Estimates Lead To $9.90 Fair Value For Trust II, 24% Downside

[Flobewan]

Prob because of divy pay

[lesgetrich]

Anyone here have any idea why this stock tanked so much a couple of days ago?

[ModerateMan]

Hmn...

Well my spreadsheet's pretty rudimentary, and the pricing could be a little different here and there, but my findings from WHX seem to point to good exit points here starting from the sixth dividend distribution.

(Easy way for sharing excel files and I'll post it)

It's missing some finer-points, like price volatility in the course of a year.

These values are Market Value of Shares Vs. Out-of-Pocket Cost (This is using $300 as a monthly investment, and unfortunately uses the price on the day of the dividend as the price for purchasing shares, for the sake of saving a little time)

1) 900.00 | 900.00
2) 1711.93 | 1800.00
3) 2066.18 | 2700.00
4) 2714.45 | 3600.00
5) 4832.36 | 4800.00
6) 7580.01 | 5700.00
7) 9820.35 | 6600.00
8) 11069.56 | 7500.00
9) 12975.02 | 8400.00
10) 16341.33 | 9300.00
11) 13751.03 | 10200.00
12) 15147.21 | 11100.00
13) 16094.20 | 12000.00
14) 18863.53 | 12900.00
15) 19865.45 | 13800.00
16) 22029.23 | 14700.00
17) 12048.56 | 15600.00
18) 10005.18 | 16500.00
19) 12129.75 | 17400.00
20) 11886.56 | 18300.00
21) 11495.32 | 19200.00
22) 16753.71 | 20100.00

So this kind of backs up my earlier fear as to what happens as the trust gets closer to maturity. So you CAN hold it and turn a decent profit, but you'll be losing out by a lot towards the end.

[10times7]

Some people do a automatic DRIP program reinvesting at whatever prices. I use the divy to buy other divy payers. The special dividend plays can be very lucrative if you get in early enough. Take DW for instance, paying $2.00 a share I think the X date is tomorrow

[ModerateMan]

Sorry to bug ya again:

With WHX (Assuming you played around there?) were you reinvesting divs? If so, have you beat out the PPS depreciation with the added shares?

Just curious. I wound up busy most of last weekend so didn't have time to mess around with the price and div data from WHX.

[ModerateMan]

Thanks. I understand the concept of them ending once the quarters have paid their divy, but I feel like if you're looking to build to your position over time then it's important to have the ability to sell at a price that allows you to sell at a profit.

I'm gonna do a little homework this weekend and try and judge what a constant monthly contribution of X (probably will use 100) would've gotten you at the historical prices (using WHX obviously) assuming dividend reinvestment and a sale of 100% of holdings a year out from maturity. (My concern, again, is whether it's feasible to assume that the accumulation can be easily sold)

I'll post my findings here Sunday/Monday

[10times7]

WHX as a trust ends once the quarters have paid their divy. Thats the point, it closes down to be traded no more. WHZ on the other hand is just starting, park your cash there. Its a O&G play and we all know O&G runs the world

happy hunting

[ModerateMan]

I've been tracking WHX but, again, my point of concern is that I don't have any finished trusts to go off. I'd rather start putting money in now than in 5 quarters. My big concern is that the capital stored in holding shares could (in my opinion... should) suffer severe losses in value the closer it comes to extinction.

I suppose my real concern pertains to how easy it would be to sell your accumulated shares in those last 4 quarters as I would imagine the buy volume would be very low at that point?

[10times7]

Lovin it! Skiball

[10times7]

a good example of how a O&G trust will play out is to look at WHZ's sister trust WHX which peters out in 5 more quarters. WHZ is basically just getting started, I'll be parking more money into this one. WHX has been a great divy play so far.

[ModerateMan]

Question about price stability...

Not sure if anyone still comes to this board as it's been a while. I was considering going in on WHZ and trying to build up a position over-time, but I'm a little concerned about the timing of trust maturity.

WHZ is slated to mature in 2021 correct? I'm curious if anyone has any links where I might be able to see price-graphs for expired oil trusts?

If anyone happens to read this and help, thanks...

[bobbytx1]

WHX short time n buy this one back in 1.2 mths should be at low

[Timothy Smith]

@SKE - Average around $12.50 and may average up here for additional dividend.

[SkeBallLarry]

BACK on it's Highs, 10-X .. !!

[10times7]

Unitholders of record on November 19, 2013 will receive a distribution of
$0.888253 per unit,

.88 cent dividend


NICE!

[bobbytx1]

divvy up 25% oh yeah 14.50 here we come

[SkeBallLarry]

AUSTIN, Texas, Nov 07, 2013 (BUSINESS WIRE) -- Whiting USA Trust II (NYSE: WHZ)
announced the fourth Trust distribution in 2013, which relates to net profits
generated during the third quarterly payment period of 2013.

Unitholders of record on November 19, 2013 will receive a distribution of
$0.888253 per unit, which is payable on or before November 29, 2013.

Volumes, average sales prices and net profits for the quarterly payment period
were:

[bobbytx1]

another .30 tom would be BANK

[Timothy Smith]

$WHZ - $$$$$

[Flobewan]

I don't think it will be close to that, it hasn't been in the past.

[10times7]

1.095 is what the analysts are saying for NS so WHZ has to be close to that :+)

[bobbytx1]

I think the 9th

[Flobewan]

Should be hearing about divy pretty soon

[bobbytx1]

Look at it go 13.86 20 cents a day before X day could be 15.00

[bobbytx1]

14.50 this week $$$$$$

[bobbytx1]

14.50 this week $$$$$$

[10times7]

.95 is good! I like that number for 3Q. I suspect the numbers will be even higher come nov, dec, jan with winter demand in full swing. Thermostats at night are being turned up

whens the Ex date?

[Timothy Smith]

The kind of dividends I like.

[bobbytx1]

watch how this trades eow and next week up to divvy announce at least 14.50 high

[bobbytx1]

The next divvy should be above .95 and they must pay 90% of money made the last 3 mth oil aug sept oct was above 103.00 ave we should get a 30% increase

[Timothy Smith]

Whiting USA Trust II (NYSE: WHZ) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ”DividendRank” report. The report noted that among energy companies, WHZ shares displayed both attractive valuation metrics and strong profitability metrics.

For example, the recent WHZ share price of $14.94 represents a price-to-book ratio of 1.5 and an annual dividend yield of 17.42% — by comparison, the average energy stock in Dividend Channel’s coverage universe yields 4.6% and trades at a price-to-book ratio of 2.4. The report also cited the strong quarterly dividend history at Whiting USA Trust II, and favorable long-term multi-year growth rates in key fundamental data points.

http://www.forbes.com/sites/energystockchannel/2013/03/14/why-whiting-usa-trust-ii-is-a-top-10-energy-dividend-stock-whz/

[Timothy Smith]

The annualized dividend paid by Whiting USA Trust II is $2.603276/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/14/2013.

WHZ Dividend Channel stressed as being of key importance. Indeed, studying a company’s past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

[10times7]

Oct 23 (Reuters) - Whiting Petroleum Corp, which drills for oil and natural gas in North Dakota, Texas and other shale-rich states, said its quarterly profit more than doubled as production jumped 12 percent.

The company posted third-quarter net income of $204.1 million, or $1.71 per share, compared with $82.9 million, or 70 cents per share, in the year-ago period.

Revenue rose 57 percent to $830.96 million.

Quarterly production rose 12 percent over the same period last year to an average of 92,750 barrels of oil equivalent per day (boe/d).

[10times7]

The 52 week range is from 12.29 to 20.08. We're in Autumn which there is less of a demand for heating fuels. Some of the northwest is already getting snow. By April the old 52 week high should be eclipsed, so there is sp appreciation in addition to the handsome quarterly dividend. The usual lows over summer is the best time to get into Oil companies generally.

[bobbytx1]

we might get this to 15.00 the way its moving and remember to sell 1 day before x day it goes lower most of time than the divvy look at chart my ave is 12.85

[10times7]

Only a month to go before the next Ex div date is upon us. $1.00 divy would be so nice. Since the country is heading into the winter season increasing demand, OIL will maintain $100.00 plus a barrel for the remainder of the season.