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Whiting USA Trust I (NYSE:WHX) issued its quarterly earnings data on Thursday. The company reported $0.47 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.57 by $0.10, American Banking News reports.

Shares of Whiting USA Trust I (NYSE:WHX) opened at 2.00 on Thursday. Whiting USA Trust I has a 52 week low of $1.72 and a 52 week high of $6.33. The stock’s 50-day moving average is $2.39 and its 200-day moving average is $3.23. The company has a market cap of $27.7 million and a price-to-earnings ratio of 1.00.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders of record on Tuesday, August 19th will be given a dividend of $0.5605 per share. This represents a $2.24 dividend on an annualized basis and a yield of 112.11%. The ex-dividend date of this dividend is Friday, August 15th. This is a boost from Whiting USA Trust I’s previous quarterly dividend of $0.47.

On a related note, analysts at Raymond James downgraded shares of Whiting USA Trust I from a “market perform” rating to an “underperform” rating in a research note on Tuesday, August 12th. They noted that the move was a valuation call.

Whiting USA Trust I (NYSE:WHX) is a trust formed by Whiting Petroleum Corporation (Whiting).

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