Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States. It is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas. Its Northern Rocky Mountains operations included properties in the Williston Basin of North Dakota and Montana targeting the Bakken and Three Forks formations and encompassing approximately 736,000 gross developed and undeveloped acres, as of December 31, 2016. Its Central Rocky Mountains operations included properties at its Redtail field in the Denver Julesburg Basin in Weld County, Colorado targeting the Niobrara and Codell/Fort Hays formations and encompassing approximately 157,200 gross developed and undeveloped acres, as of December 31, 2016. Its other operations primarily relate to non-core assets in Colorado, Mississippi, North Dakota, Texas and Wyoming.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Exploration and Production - NEC
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSE:WLL
- CUSIP: 96638710
- Web: www.whiting.com
- Market Cap: $1.60718 billion
- Outstanding Shares: 362,793,000
- 50 Day Moving Avg: $5.05
- 200 Day Moving Avg: $7.77
- 52 Week Range: $4.27 - $13.39
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -6.42
- P/E Growth: -0.28
- Annual Revenue: $1.23 billion
- Price / Sales: 1.31
- Book Value: $13.77 per share
- Price / Book: 0.32
- EBIDTA: $701.38 million
- Net Margins: -88.27%
- Return on Equity: -6.77%
- Return on Assets: -3.46%
- Debt-to-Equity Ratio: 0.66%
- Current Ratio: 0.62%
- Quick Ratio: 0.62%
- Average Volume: 22.96 million shs.
- Beta: 3.34
- Short Ratio: 3.17
Frequently Asked Questions for Whiting Petroleum Corporation (NYSE:WLL)
What is Whiting Petroleum Corporation's stock symbol?
Whiting Petroleum Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "WLL."
How were Whiting Petroleum Corporation's earnings last quarter?
Whiting Petroleum Corporation (NYSE:WLL) announced its quarterly earnings data on Wednesday, July, 26th. The company reported ($0.18) EPS for the quarter, beating the Zacks' consensus estimate of ($0.19) by $0.01. The firm earned $311.50 million during the quarter, compared to the consensus estimate of $345.64 million. Whiting Petroleum Corporation had a negative net margin of 88.27% and a negative return on equity of 6.77%. The firm's revenue was down 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.70) earnings per share. View Whiting Petroleum Corporation's Earnings History.
When will Whiting Petroleum Corporation make its next earnings announcement?
Where is Whiting Petroleum Corporation's stock going? Where will Whiting Petroleum Corporation's stock price be in 2017?
25 brokers have issued 12 month price targets for Whiting Petroleum Corporation's stock. Their forecasts range from $4.00 to $20.00. On average, they anticipate Whiting Petroleum Corporation's stock price to reach $11.23 in the next twelve months. View Analyst Ratings for Whiting Petroleum Corporation.
What are analysts saying about Whiting Petroleum Corporation stock?
Here are some recent quotes from research analysts about Whiting Petroleum Corporation stock:
- 1. According to Zacks Investment Research, "WHITING PETROLEUM CORPORATION, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company trades publicly under the symbol WLL on the New York Stock Exchange. " (8/1/2017)
- 2. KLR Group analysts commented, "We are increasing our price target by $1 to $18 per share following a ~5% improvement in our capital productivity driven by an expected uplift in Niobrara production due to the implementation of enhanced completion designs (company plans to utilize to ~1,100 lbs of proppant per lateral ft and incremental frac stages in '17, up from ~700 lbs previously with first results expected this summer) and a ~4% increase in our '17 production forecast (acceleration of Niobrara DUC completion vs our previous expectation) partly offset by ~6% higher lease operating expense." (2/24/2017)
- 3. Canaccord Genuity analysts commented, "WLL has a sizable ~444K net acre position in the core of the Williston Basin (WB) that is mostly held by production. Its ~132K net acres in the DJ Basin provide a second quality asset. The company has cleaned up its balance sheet, and with good assets and the ability to quickly increase activity, WLL, which trades at a 2017E EV/EBITDA multiple of 6.8x vs. the S&P Oil & Gas Index at 8.0x, offers good value in our view, and we would use today's weakness in the stock as a buying opportunity." (2/23/2017)
Are investors shorting Whiting Petroleum Corporation?
Whiting Petroleum Corporation saw a increase in short interest in July. As of July 31st, there was short interest totalling 77,267,800 shares, an increase of 8.2% from the July 14th total of 71,426,764 shares. Based on an average trading volume of 24,753,743 shares, the short-interest ratio is presently 3.1 days. Approximately 21.5% of the company's shares are sold short.
Who are some of Whiting Petroleum Corporation's key competitors?
Some companies that are related to Whiting Petroleum Corporation include Texas Pacific Land Trust (TPL), Laredo Petroleum (LPI), Transportadora De Gas Sa Ord B (TGS), Kosmos Energy (KOS), Southwestern Energy Company (SWN), PDC Energy (PDCE), Matador Resources Company (MTDR), Gulfport Energy Corporation (GPOR), Enerplus Corporation (ERF), Callon Petroleum Company (CPE), Tullow Oil plc (TLW), Viper Energy Partners LP (VNOM), Magellan Petroleum Corporation (TELL), SM Energy Company (SM), SRC Energy (SRCI), SRC Energy (SRCI), Advantage Oil & Gas Ltd (AAV) and Wildhorse Resource Development Corporation (WRD).
Who are Whiting Petroleum Corporation's key executives?
Whiting Petroleum Corporation's management team includes the folowing people:
- James J. Volker, Chairman of the Board, President, Chief Executive Officer
- Michael J. Stevens CPA, Chief Financial Officer, Senior Vice President
- Peter W. Hagist, Senior Vice President - Planning
- Rick A. Ross, Senior Vice President - Operations
- Mark R. Williams, Senior Vice President - Exploration and Development
- Bruce R. DeBoer, Vice President, General Counsel, Corporate Secretary
- Heather M. Duncan, Vice President - Human Resources
- Steven A. Kranker, Vice President - Reservoir Engineering & Acquisitions
- David M. Seery, Vice President - Land
- Sirikka R. Lohoefener, Controller, Treasurer
Who owns Whiting Petroleum Corporation stock?
Whiting Petroleum Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.77%), Dimensional Fund Advisors LP (7.11%), Fine Capital Partners L.P. (5.88%), Hotchkis & Wiley Capital Management LLC (5.38%), FMR LLC (2.84%) and Key Group Holdings Cayman LTD. (2.48%). View Institutional Ownership Trends for Whiting Petroleum Corporation.
Who sold Whiting Petroleum Corporation stock? Who is selling Whiting Petroleum Corporation stock?
Whiting Petroleum Corporation's stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., FMR LLC, Key Group Holdings Cayman LTD., Teachers Advisors LLC, First Trust Advisors LP, Parametric Portfolio Associates LLC, State of Tennessee Treasury Department and Janus Henderson Group PLC. View Insider Buying and Selling for Whiting Petroleum Corporation.
Who bought Whiting Petroleum Corporation stock? Who is buying Whiting Petroleum Corporation stock?
Whiting Petroleum Corporation's stock was bought by a variety of institutional investors in the last quarter, including Fine Capital Partners L.P., Dimensional Fund Advisors LP, Numeric Investors LLC, Schneider Capital Management Corp, Hotchkis & Wiley Capital Management LLC, Caymus Capital Partners L.P., Investec Asset Management LTD and Cornerstone Capital Management Holdings LLC.. View Insider Buying and Selling for Whiting Petroleum Corporation.
How do I buy Whiting Petroleum Corporation stock?
Shares of Whiting Petroleum Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Whiting Petroleum Corporation's stock price today?
MarketBeat Community Rating for Whiting Petroleum Corporation (NYSE WLL)MarketBeat's community ratings are surveys of what our community members think about Whiting Petroleum Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Whiting Petroleum Corporation stock can currently be purchased for approximately $4.43.
Consensus Ratings for Whiting Petroleum Corporation (NYSE:WLL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 11 Hold Ratings, 10 Buy Ratings, 1 Strong Buy Rating|
|Consensus Rating:||Hold (Score: 2.36)|
|Consensus Price Target: ||$11.23 (153.43% upside)|
Analysts' Ratings History for Whiting Petroleum Corporation (NYSE:WLL)
(Data available from 8/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/2/2017||BMO Capital Markets||Reiterated Rating||Hold||Low|
|7/27/2017||Stifel Nicolaus||Lower Price Target||Buy -> Buy||$12.00 -> $11.50||Low|
|7/21/2017||Citigroup Inc.||Lower Price Target||Buy||$11.00 -> $8.00||Low|
|7/18/2017||Cowen and Company||Set Price Target||Buy||$8.00||High|
|7/19/2017||Bank of America Corporation||Initiated Coverage||Underperform||$6.00||High|
|6/21/2017||Seaport Global Securities||Downgrade||Neutral -> Sell||$10.00 -> $4.00||High|
|6/21/2017||Macquarie||Downgrade||Outperform -> Neutral||$5.30 -> $5.70||High|
|6/2/2017||Royal Bank Of Canada||Set Price Target||Hold||$12.00||Low|
|6/1/2017||Credit Suisse Group||Downgrade||Outperform -> Neutral||$13.00||Medium|
|5/30/2017||Goldman Sachs Group, Inc. (The)||Downgrade||Neutral -> Sell||$11.50 -> $7.25||High|
|5/12/2017||Iberia Capital||Reiterated Rating||Sector Perform||$10.00||Low|
|5/10/2017||FBR & Co||Lower Price Target||Mkt Perform -> Mkt Perform||$13.00 -> $11.00||Low|
|5/1/2017||KLR Group||Boost Price Target||Buy||$14.00 -> $16.00||Low|
|4/27/2017||R. F. Lafferty||Boost Price Target||Buy||$14.00 -> $15.00||Medium|
|4/20/2017||Barclays PLC||Reiterated Rating||Hold||$10.00||Low|
|3/27/2017||Scotiabank||Set Price Target||Buy||$16.00||Low|
|2/23/2017||Canaccord Genuity||Reiterated Rating||Buy||$14.00||N/A|
|12/16/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|12/12/2016||Wunderlich||Set Price Target||Hold||$9.00 -> $13.00||N/A|
|11/22/2016||KeyCorp||Boost Price Target||Overweight||$12.00 -> $15.00||N/A|
|11/11/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$10.00||N/A|
|10/28/2016||Raymond James Financial, Inc.||Upgrade||Outperform -> Strong-Buy||$16.00 -> $14.00||N/A|
|10/28/2016||Stephens||Upgrade||Equal Weight -> Buy||N/A|
|10/10/2016||SunTrust Banks, Inc.||Set Price Target||Buy||$18.00 -> $20.00||N/A|
|8/14/2016||Cantor Fitzgerald||Reiterated Rating||Hold||N/A|
|7/28/2016||Morgan Stanley||Lower Price Target||Equal Weight||$13.00 -> $11.00||N/A|
|6/14/2016||Deutsche Bank AG||Boost Price Target||Hold||$13.00 -> $14.00||N/A|
|5/3/2016||Tigress Financial||Downgrade||Neutral -> Underperform||N/A|
|4/29/2016||Sterne Agee CRT||Downgrade||Buy -> Neutral||$12.20 -> $11.77||N/A|
|3/15/2016||JP Morgan Cazenove||Downgrade||Overweight -> Neutral||N/A|
|2/5/2016||Robert W. Baird||Lower Price Target||$23.00 -> $7.00||N/A|
|2/3/2016||GMP Securities||Initiated Coverage||Buy||$16.00||N/A|
|1/27/2016||Wolfe Research||Downgrade||Market Perform -> Underperform||N/A|
|1/26/2016||Susquehanna Bancshares Inc||Lower Price Target||Neutral||$9.00 -> $7.00||N/A|
|1/19/2016||Capital One Financial Corporation||Downgrade||Overweight -> Equal Weight||N/A|
|1/5/2016||Evercore ISI||Downgrade||Buy -> Hold||$24.00 -> $16.00||N/A|
|10/30/2015||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$27.00||N/A|
Earnings History for Whiting Petroleum Corporation (NYSE:WLL)Earnings History by Quarter for Whiting Petroleum Corporation (NYSE WLL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||($0.19)||($0.18)||$345.64 million||$311.50 million||View||N/A|
|4/26/2017||Q1 2017||($0.22)||($0.15)||$359.28 million||$371.30 million||View||N/A|
|2/21/2017||Q416||($0.32)||($0.28)||$353.75 million||$342.70 million||View||N/A|
|10/26/2016||Q316||($0.40)||($0.47)||$350.95 million||$129.23 million||View||N/A|
|7/27/2016||Q216||($0.52)||($0.70)||$374.83 million||$339.58 million||View||N/A|
|4/27/2016||Q116||($0.72)||($0.85)||$346.78 million||$292.00 million||View||N/A|
|2/24/2016||Q415||($0.30)||($0.43)||$502.56 million||$423.50 million||View||Listen|
|10/28/2015||Q315||($0.25)||($0.17)||$583.21 million||$508.00 million||View||Listen|
|7/29/2015||Q215||($0.11)||$0.04||$622.75 million||$590.00 million||View||Listen|
|4/29/2015||Q115||($0.32)||($0.23)||$586.03 million||$529.20 million||View||N/A|
|2/25/2015||Q414||$0.50||$0.44||$740.54 million||$696.10 million||View||N/A|
|10/30/2014||Q314||$1.22||$1.24||$832.40 million||$813.10 million||View||Listen|
|7/30/2014||Q214||$1.17||$1.40||$773.40 million||$835.60 million||View||Listen|
|4/30/2014||Q114||$0.96||$1.05||$691.58 million||$740.25 million||View||N/A|
|2/26/2014||Q413||$0.88||$0.88||$683.45 million||$720.50 million||View||Listen|
|7/24/2013||Q2 2013||$0.74||$1.14||$580.76 million||$663.60 million||View||Listen|
|4/24/2013||Q1 2013||$0.90||$0.94||$589.70 million||$613.40 million||View||Listen|
|2/27/2013||Q4 2012||$0.74||$0.83||$535.95 million||$577.10 million||View||Listen|
Earnings Estimates for Whiting Petroleum Corporation (NYSE:WLL)
2017 EPS Consensus Estimate: ($0.61)
2018 EPS Consensus Estimate: ($0.39)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Whiting Petroleum Corporation (NYSE:WLL)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Whiting Petroleum Corporation (NYSE:WLL)
Insider Ownership Percentage: 1.30%Insider Trades by Quarter for Whiting Petroleum Corporation (NYSE:WLL)
Institutional Ownership Percentage: 83.22%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/3/2016||James J Volker||CEO||Buy||10,000||$10.30||$103,000.00|| |
|3/4/2015||Lynn A Peterson||Director||Sell||25,000||$19.76||$494,000.00|| |
|2/4/2015||Lynn A Peterson||Director||Sell||25,000||$19.73||$493,250.00|| |
|1/7/2015||Lynn A Peterson||Director||Sell||25,000||$19.67||$491,750.00|| |
|7/23/2014||D Sherwin Artus||Director||Sell||1,000||$90.00||$90,000.00|| |
|7/16/2014||D Sherwin Artus||Director||Sell||1,000||$87.50||$87,500.00|| |
|7/15/2014||D Sherwin Artus||Director||Sell||2,000||$84.13||$168,260.00|| |
|6/16/2014||D Sherwin Artus||Director||Sell||1,000||$80.00||$80,000.00|| |
|6/12/2014||D Sherwin Artus||Director||Sell||1,000||$77.73||$77,730.00|| |
|4/17/2014||D Sherwin Artus||Director||Sell||1,000||$75.00||$75,000.00|| |
|4/4/2014||D Sherwin Artus||Director||Sell||1,000||$72.65||$72,650.00|| |
|3/5/2014||Brent Jensen||Treasurer||Sell||1,100||$72.00||$79,200.00|| |
|3/4/2014||Brent Jensen||Treasurer||Sell||4,348||$70.51||$306,577.48|| |
|3/3/2014||Brent Jensen||Treasurer||Sell||2,138||$68.70||$146,880.60|| |
|11/6/2013||James Volker||CEO||Buy||1,000||$64.84||$64,840.00|| |
|11/5/2013||Brent Jensen||Treasurer||Sell||1,598||$67.47||$107,817.06|| |
|11/5/2013||James Brown||COO||Sell||10,900||$66.99||$730,191.00|| |
|11/5/2013||Rick Mr. Ross||VP||Sell||10,000||$67.14||$671,400.00|| |
|11/1/2013||Michael J Stevens||CFO||Sell||23,936||$65.50||$1,567,808.00|| |
|10/30/2013||D Sherwin Artus||Director||Sell||6,000||$68.89||$413,340.00|| |
|10/30/2013||David M Seery||VP||Sell||3,166||$69.01||$218,485.66|| |
|10/29/2013||Mark R Williams||SVP||Sell||14,250||$69.10||$984,675.00|| |
|10/28/2013||Bruce R Deboer||VP||Sell||23,556||$68.60||$1,615,941.60|| |
Headline Trends for Whiting Petroleum Corporation (NYSE:WLL)
Latest Headlines for Whiting Petroleum Corporation (NYSE:WLL)
Whiting Petroleum Corporation (WLL) Chart for Sunday, August, 20, 2017