This company has been acquired
Oasis Petroleum (WLL) Stock Overview
Whiting Petroleum Corporation operates as an independent exploration and production company in the Williston Basin, the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
WLL Community Fair Values
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Oasis Petroleum Inc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$68.03 |
| 52 Week High | US$101.74 |
| 52 Week Low | US$38.41 |
| Beta | 0 |
| 1 Month Change | -23.75% |
| 3 Month Change | -16.86% |
| 1 Year Change | 19.18% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 248.87% |
Recent News & Updates
Whiting Petroleum: Positive Cash Flow Projections For 2022 Increases To Near $700 Million
Whiting may be able to generate close to $700 million in positive cash flow in 2022 at $85 WTI oil. It is focusing on generating cash flow and appears to be aiming for minimal organic production growth (potentially declining slightly) in 2022. DAPL situation remains a risk, although Whiting should still be able to generate a high amount of positive cash flow at current strip even if there is a shutdown.Whiting Petroleum: Potential For Over $500 Million In Positive Cash Flow During 2022
Whiting should be able to generate over $500 million in positive cash flow in 2022 at $70 WTI oil. It indicated that it expects to end 2021 with zero net debt, giving it plenty of funds for dividends, share repurchases, and acquisitions in 2022. Whiting may be worth around $72 by the end of 2022 in a long-term $65 WTI oil (and $70 oil in 2022) scenario.Whiting Petroleum: Looks Fairly Valued For Long-Term $65 WTI Oil
Whiting appears capable of generating over $200 million in positive cash flow during the second half of 2021, giving it a slight net cash position by the end of 2021. Without hedges, it may have been able to generate over $400 million in positive cash flow during this period. Hedges will likely have somewhat less negative impact in 2022. DAPL EIS not expected until September 2022 now, stabilizing the pipeline situation until then. Whiting's valuation appears fair for $65 WTI long-term oil, with a $5 change in oil prices affecting its value by around $7 per share.Whiting Petroleum: A Look At Its Williston Basin Acquisition And Redtail Divestiture
Whiting divested its Redtail assets for $187 million. Redtail development results had been disappointing, resulting in an $835 million impairment charge in 2017. Whiting acquired Williston Basin assets for $271 million. These assets give it slightly over one more year's worth of inventory next to its existing Sanish position. Near-term cash flow impact appears marginally negative. Whiting can make up for its additional debt and slightly reduced near-term cash flow through the development of its newly acquired inventory over time.Whiting Petroleum: Remaining Upside Depends On Distribution Of Reserved Shares And Status Of DAPL
Whiting should be able to eliminate its net debt by the end of 2021. It could also generate around $500 million in positive cash flow at $65 WTI oil without hedges. A dividend appears likely in the future. Whiting's upside depends on whether the DAPL remains in service and whether it distributes 2.1 million shares it has reserved for general unsecured claimants.Recent updates
Shareholder Returns
| WLL | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -4.2% | 1.2% | -2.7% |
| 1Y | 19.2% | 19.8% | 18.6% |
Return vs Industry: WLL underperformed the US Oil and Gas industry which returned 28.8% over the past year.
Return vs Market: WLL exceeded the US Market which returned -21.2% over the past year.
Price Volatility
| WLL volatility | |
|---|---|
| WLL Average Weekly Movement | 8.7% |
| Oil and Gas Industry Average Movement | 6.0% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: WLL's share price has been volatile over the past 3 months.
Volatility Over Time: WLL's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 356 | Lynn Peterson | www.chordenergy.com |
Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids primarily in the Rocky Mountains region of the United States. The company sells its oil and gas production to end users, marketers, and other purchasers. As of December 31, 2021, it had interests in 1,917 net productive wells on approximately 539,900 net developed acres, as well as total estimated proved reserves of 326.0 million barrels of oil equivalent.
Oasis Petroleum Inc Fundamentals Summary
| WLL fundamental statistics | |
|---|---|
| Market cap | US$2.67b |
| Earnings (TTM) | US$391.42m |
| Revenue (TTM) | US$1.75b |
Is WLL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WLL income statement (TTM) | |
|---|---|
| Revenue | US$1.75b |
| Cost of Revenue | US$430.85m |
| Gross Profit | US$1.32b |
| Other Expenses | US$930.68m |
| Earnings | US$391.42m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.97 |
| Gross Margin | 75.42% |
| Net Profit Margin | 22.33% |
| Debt/Equity Ratio | 3.1% |
How did WLL perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 05:32 |
| End of Day Share Price | 2022/06/30 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Whiting Petroleum Corporation is covered by 37 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Allman | Baird |
| Jeffrey Robertson | Barclays |
| Rudolf Hokanson | Barrington Research Associates, Inc. |