About Whiting Petroleum Corporation (NYSE:WLL)
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:
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: Oil & Gas Exploration & Production
- Sector: Energy
- Symbol: NYSE:WLL
- CUSIP: 96638710
- Web: www.whiting.com
- Debt-to-Equity Ratio: 0.62%
- Current Ratio: 0.59%
- Quick Ratio: 0.59%
Sales & Book Value:
- Annual Sales: $1.28 billion
- Price / Sales: 1.54
- Cash Flow: $12.61 per share
- Price / Cash: 1.73
- Book Value: $72.44 per share
- Price / Book: 0.30
- Trailing EPS: ($7.18)
- Net Income: $-1,339,100,000.00
- Net Margins: -45.39%
- Return on Equity: -5.06%
- Return on Assets: -2.71%
- Employees: 850
- Outstanding Shares: 90,700,000
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."
When did Whiting Petroleum Corporation's stock split? How did Whiting Petroleum Corporation's stock split work?
Whiting Petroleum Corporation'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 Whiting Petroleum Corporation stock prior to the reverse split would have 25 shares after the split.
How were Whiting Petroleum Corporation's earnings last quarter?
Whiting Petroleum Corporation (NYSE:WLL) posted its earnings results on Wednesday, October, 25th. The oil and gas exploration company reported ($0.56) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.80) by $0.24. The oil and gas exploration company had revenue of $324.20 million for the quarter, compared to the consensus estimate of $330.25 million. Whiting Petroleum Corporation had a negative return on equity of 5.06% and a negative net margin of 45.39%. The company's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($1.88) EPS. 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?
26 analysts have issued 1-year price targets for Whiting Petroleum Corporation's shares. Their predictions range from $16.00 to $64.00. On average, they anticipate Whiting Petroleum Corporation's share price to reach $36.26 in the next year. View Analyst Ratings for Whiting Petroleum Corporation.
What are Wall Street 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. " (11/8/2017)
- 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 during the month of October. As of October 31st, there was short interest totalling 67,182,840 shares, an increase of 1.4% from the October 13th total of 68,143,520 shares. Based on an average daily volume of 21,551,520 shares, the short-interest ratio is currently 3.1 days. Currently, 18.7% of the shares of the company are sold short.
Who are some of Whiting Petroleum Corporation's key competitors?
Some companies that are related to Whiting Petroleum Corporation include Chesapeake Energy Corporation (CHK), Black Stone Minerals, L.P. (BSM), Texas Pacific Land Trust (TPL), Southwestern Energy Company (SWN), Kosmos Energy (KOS), Matador Resources Company (MTDR), PDC Energy (PDCE), EXTRACTION O&G (XOG), Magellan Petroleum Corporation (TELL), Gulfport Energy Corporation (GPOR), Laredo Petroleum (LPI), Tullow Oil plc (TLW), Clayton Williams Energy (CWEI), SM Energy Company (SM), Viper Energy Partners LP (VNOM), Enerplus (ERF), Callon Petroleum Company (CPE) and SRC Energy (SRCI).
Who are Whiting Petroleum Corporation's key executives?
Whiting Petroleum Corporation's management team includes the folowing people:
- James J. Volker, Non-Executive Chairman of the Board (Age 70)
- Bradley J. Holly, President, Chief Executive Officer, Director (Age 46)
- Michael J. Stevens CPA, Chief Financial Officer, Senior Vice President (Age 51)
- Peter W. Hagist, Senior Vice President - Planning (Age 56)
- Rick A. Ross, Senior Vice President - Operations (Age 58)
- Mark R. Williams, Senior Vice President - Exploration and Development (Age 60)
- Bruce R. DeBoer, Vice President, General Counsel, Corporate Secretary (Age 64)
- Heather M. Duncan, Vice President - Human Resources (Age 46)
- Steven A. Kranker, Vice President - Reservoir Engineering & Acquisitions (Age 55)
- David M. Seery, Vice President - Land (Age 62)
Who owns Whiting Petroleum Corporation stock?
Whiting Petroleum Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (31.15%), Fine Capital Partners L.P. (29.10%), Dimensional Fund Advisors LP (25.57%), Caymus Capital Partners L.P. (1.01%), Macquarie Group Ltd. (0.80%) and DFT Energy LP (2.21%). 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 Dimensional Fund Advisors LP, Sterling Capital Management LLC, Systematic Financial Management LP, New York State Common Retirement Fund, Stifel Financial Corp, First Trust Advisors LP, Caymus Capital Partners L.P. and Parkwood LLC. 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 Hotchkis & Wiley Capital Management LLC, Fine Capital Partners L.P., DW Partners LP, Precocity Capital LP, Schroder Investment Management Group, GMT Capital Corp, Schwab Charles Investment Management Inc. and Investment Counselors of Maryland 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Whiting Petroleum Corporation's stock price today?
One share of Whiting Petroleum Corporation stock can currently be purchased for approximately $21.81.
How big of a company is Whiting Petroleum Corporation?
Whiting Petroleum Corporation has a market capitalization of $1.98 billion and generates $1.28 billion in revenue each year. The oil and gas exploration company earns $-1,339,100,000.00 in net income (profit) each year or ($7.18) on an earnings per share basis. Whiting Petroleum Corporation employs 850 workers across the globe.
How can I contact Whiting Petroleum Corporation?
Whiting Petroleum Corporation's mailing address is 1700 Broadway Ste 2300, DENVER, CO 80290-1703, United States. The oil and gas exploration company can be reached via phone at +1-303-8371661 or via email at [email protected]
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.
Analysts' Consensus Rating for Whiting Petroleum Corporation (NYSE:WLL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||5 Sell Ratings, 11 Hold Ratings, 10 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.19)|
|Consensus Price Target: ||$36.26 (66.26% upside)|
Consensus Price Target History for Whiting Petroleum Corporation (NYSE:WLL)
Analysts' Ratings History for Whiting Petroleum Corporation (NYSE:WLL)
(Data available from 11/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/20/2017||Barclays PLC||Boost Price Target||Equal Weight||$5.00 -> $19.00||N/A|
|11/13/2017||Imperial Capital||Boost Price Target||In -> line||$6.00 -> $30.00||N/A|
|11/10/2017||Cowen and Company||Reiterated Rating||Buy||$32.00||N/A|
|11/10/2017||Robert W. Baird||Boost Price Target||Outperform||$32.00 -> $34.00||N/A|
|11/1/2017||J P Morgan Chase & Co||Lower Price Target||Neutral||$32.00 -> $28.00||N/A|
|10/26/2017||Morgan Stanley||Set Price Target||Sell||$16.00||N/A|
|10/26/2017||Stifel Nicolaus||Set Price Target||Buy||$38.00 -> $40.00||N/A|
|10/19/2017||KeyCorp||Set Price Target||Buy||$28.00||N/A|
|10/20/2017||SunTrust Banks, Inc.||Set Price Target||Buy||$36.00||N/A|
|10/10/2017||BMO Capital Markets||Set Price Target||Hold||$24.00||N/A|
|10/9/2017||Jefferies Group LLC||Initiated Coverage||Hold||$24.00||N/A|
|9/18/2017||Piper Jaffray Companies||Lower Price Target||Neutral||$40.00 -> $28.00||Low|
|9/5/2017||Tudor Pickering||Downgrade||Hold -> Sell||Medium|
|7/21/2017||Citigroup Inc.||Lower Price Target||Buy||$44.00 -> $32.00||Low|
|7/19/2017||Bank of America Corporation||Initiated Coverage||Underperform||$24.00||High|
|6/21/2017||Seaport Global Securities||Downgrade||Neutral -> Sell||$40.00 -> $16.00||High|
|6/21/2017||Macquarie||Downgrade||Outperform -> Neutral||$21.20 -> $22.80||High|
|6/2/2017||Royal Bank Of Canada||Set Price Target||Hold||$48.00||Low|
|6/1/2017||Credit Suisse Group||Downgrade||Outperform -> Neutral||$52.00||Medium|
|5/30/2017||Goldman Sachs Group, Inc. (The)||Downgrade||Neutral -> Sell||$46.00 -> $29.00||High|
|5/12/2017||Iberia Capital||Reiterated Rating||Sector Perform||$40.00||Low|
|5/10/2017||FBR & Co||Lower Price Target||Mkt Perform -> Mkt Perform||$52.00 -> $44.00||Low|
|5/1/2017||KLR Group||Boost Price Target||Buy||$56.00 -> $64.00||Low|
|4/27/2017||R. F. Lafferty||Boost Price Target||Buy||$56.00 -> $60.00||Medium|
|3/27/2017||Scotiabank||Set Price Target||Buy||$64.00||Low|
|2/23/2017||Canaccord Genuity||Reiterated Rating||Buy||$56.00||N/A|
|12/16/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|12/12/2016||Wunderlich||Set Price Target||Hold||$36.00 -> $52.00||N/A|
|10/28/2016||Raymond James Financial, Inc.||Upgrade||Outperform -> Strong-Buy||$64.00 -> $56.00||N/A|
|10/28/2016||Stephens||Upgrade||Equal Weight -> Buy||N/A|
|8/14/2016||Cantor Fitzgerald||Reiterated Rating||Hold||N/A|
|6/14/2016||Deutsche Bank AG||Boost Price Target||Hold||$52.00 -> $56.00||N/A|
|5/3/2016||Tigress Financial||Downgrade||Neutral -> Underperform||N/A|
|4/29/2016||Sterne Agee CRT||Downgrade||Buy -> Neutral||$48.80 -> $47.08||N/A|
|3/15/2016||JP Morgan Cazenove||Downgrade||Overweight -> Neutral||N/A|
|2/3/2016||GMP Securities||Initiated Coverage||Buy||$64.00||N/A|
|1/27/2016||Wolfe Research||Downgrade||Market Perform -> Underperform||N/A|
|1/26/2016||Susquehanna Bancshares Inc||Lower Price Target||Neutral||$36.00 -> $28.00||N/A|
|1/19/2016||Capital One Financial Corporation||Downgrade||Overweight -> Equal Weight||N/A|
|1/5/2016||Evercore ISI||Downgrade||Buy -> Hold||$96.00 -> $64.00||N/A|
Earnings History and Estimates Chart 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|
|2/20/2018|| || || || || || || || |
|10/25/2017||Q3 2017||($0.80)||($0.56)||$330.25 million||$324.20 million||View||N/A|
|7/26/2017||Q2 2017||($0.76)||($0.72)||$345.64 million||$311.50 million||View||N/A|
|4/26/2017||Q1 2017||($0.88)||($0.60)||$359.28 million||$371.30 million||View||N/A|
|2/21/2017||Q416||($1.28)||($1.12)||$353.75 million||$342.70 million||View||N/A|
|10/26/2016||Q316||($1.60)||($1.88)||$350.95 million||$129.23 million||View||N/A|
|7/27/2016||Q216||($2.08)||($2.80)||$374.83 million||$339.58 million||View||N/A|
|4/27/2016||Q116||($2.88)||($3.40)||$346.78 million||$292.00 million||View||N/A|
|2/24/2016||Q415||($1.20)||($1.72)||$502.56 million||$423.50 million||View||Listen|
|10/28/2015||Q315||($1.00)||($0.68)||$583.21 million||$508.00 million||View||Listen|
|7/29/2015||Q215||($0.44)||$0.16||$622.75 million||$590.00 million||View||Listen|
|4/29/2015||Q115||($1.28)||($0.92)||$586.03 million||$529.20 million||View||N/A|
|2/25/2015||Q414||$2.00||$1.76||$740.54 million||$696.10 million||View||N/A|
|10/30/2014||Q314||$4.88||$4.96||$832.40 million||$813.10 million||View||Listen|
|7/30/2014||Q214||$4.68||$5.60||$773.40 million||$835.60 million||View||Listen|
|4/30/2014||Q114||$3.84||$4.20||$691.58 million||$740.25 million||View||N/A|
|2/26/2014||Q413||$3.52||$3.52||$683.45 million||$720.50 million||View||Listen|
|7/24/2013||Q2 2013||$2.96||$4.56||$580.76 million||$663.60 million||View||Listen|
|4/24/2013||Q1 2013||$3.60||$3.76||$589.70 million||$613.40 million||View||Listen|
|2/27/2013||Q4 2012||$2.96||$3.32||$535.95 million||$577.10 million||View||Listen|
Earnings Estimates for Whiting Petroleum Corporation (NYSE:WLL)
2017 EPS Consensus Estimate: ($0.68)
2018 EPS Consensus Estimate: ($0.66)
(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: 1.20%
Insider Trades by Quarter for Whiting Petroleum Corporation (NYSE WLL)
(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|| |
Latest Headlines for Whiting Petroleum Corporation (NYSE WLL)
Whiting Petroleum Corporation (NYSE WLL) Chart for Wednesday, November, 22, 2017