Whiting Petroleum (WLL) Stock Price, News & Analysis

Whiting Petroleum Co. (NYSE:WLL) issued its earnings results on Wednesday, November, 3rd. The oil and gas exploration company reported $3.57 earnings per share for the quarter, topping analysts' consensus estimates of $3.06 by $0.51. The oil and gas exploration company earned $401.04 million during the quarter, compared to analyst estimates of $310.70 million. Whiting Petroleum had a trailing twelve-month return on equity of 42.37% and a net margin of 22.33%.

Whiting Petroleum (NYSE:WLL) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.47%. The dividend payout ratio is 10.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WLL will have a dividend payout ratio of 3.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WLL.

Whiting Petroleum's stock reverse split on the morning of Thursday, November 9th 2017. The 1-4 reverse split was announced on Wednesday, November 8th 2017. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 8th 2017. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Whiting Petroleum investors own include Oasis Petroleum (OAS), Under Armour (UAA), Chesapeake Energy (CHKAQ), Bank of America (BAC), Netflix (NFLX), General Electric (GE), Intel (INTC), Freeport-McMoRan (FCX), Gilead Sciences (GILD) and Advanced Micro Devices (AMD).