Whiting Petroleum reports Q2 2022 net income $262M; merger with Oasis closed July 1, 2022

Chord Energy Corp

Whiting's Q2 2022 net income $262.1M ($6.68 diluted EPS) vs net loss $61.5M in Q2 2021.
Total operating revenues $586.1M in Q2 2022, up 67% YoY from $351.6M.
Six-month net income $224.7M ($5.73 basic EPS) vs loss $62.4M in H1 2021.
Derivative loss net of $545.3M in H1 2022, reflecting commodity hedging.
Merger of equals with Oasis closed July 1, 2022; Chord Energy (CHRD) is surviving entity.

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