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WLL

Oasis Petroleum NYSE:WLL Stock Report

Last Price

US$68.03

Market Cap

US$2.7b

7D

-4.2%

1Y

19.2%

Updated

03 Jul, 2022

Data

Company Financials +

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.
WLL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends1/6

WLL Stock Overview

Whiting Petroleum Corporation operates as an independent exploration and production company in the Williston Basin, the United States.

Oasis Petroleum Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Oasis Petroleum
Historical stock prices
Current Share PriceUS$68.03
52 Week HighUS$101.74
52 Week LowUS$38.41
Beta0
1 Month Change-23.75%
3 Month Change-16.86%
1 Year Change19.18%
3 Year Changen/a
5 Year Changen/a
Change since IPO248.87%

Recent News & Updates

Feb 19

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.

Shareholder Returns

WLLUS Oil and GasUS Market
7D-4.2%4.8%3.6%
1Y19.2%58.5%-9.6%

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

Is WLL's price volatile compared to industry and market?
WLL volatility
WLL Average Weekly Movement8.7%
Oil and Gas Industry Average Movement8.8%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: WLL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: WLL's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a356Lynn Petersonhttps://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 Fundamentals Summary

How do Oasis Petroleum's earnings and revenue compare to its market cap?
WLL fundamental statistics
Market CapUS$2.67b
Earnings (TTM)US$391.42m
Revenue (TTM)US$1.75b

6.8x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WLL income statement (TTM)
RevenueUS$1.75b
Cost of RevenueUS$430.85m
Gross ProfitUS$1.32b
Other ExpensesUS$930.68m
EarningsUS$391.42m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.97
Gross Margin75.42%
Net Profit Margin22.33%
Debt/Equity Ratio3.1%

How did WLL perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

2%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is WLL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WLL?

Other financial metrics that can be useful for relative valuation.

WLL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA6x
PEG Ratio2.2x

Price to Earnings Ratio vs Peers

How does WLL's PE Ratio compare to its peers?

WLL PE Ratio vs Peers
The above table shows the PE ratio for WLL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average36.3x
CRC California Resources
4.2x-1.3%US$3.5b
BSM Black Stone Minerals
12.3x25.0%US$3.1b
DEN Denbury
10.8x9.3%US$4.0b
HPK HighPeak Energy
22.5x107.6%US$2.2b
WLL Oasis Petroleum
6.8x3.2%US$2.7b

Price-To-Earnings vs Peers: WLL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (36.3x).


Price to Earnings Ratio vs Industry

How does WLL's PE Ratio compare vs other companies in the US Oil and Gas Industry?

Price-To-Earnings vs Industry: WLL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the US Oil and Gas industry average (11.8x)


Price to Earnings Ratio vs Fair Ratio

What is WLL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WLL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.8x
Fair PE Ratio14.9x

Price-To-Earnings vs Fair Ratio: WLL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the estimated Fair Price-To-Earnings Ratio (14.9x).


Share Price vs Fair Value

What is the Fair Price of WLL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WLL ($68.03) is trading below our estimate of fair value ($380.87)

Significantly Below Fair Value: WLL is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Price is more than 20% discount and analysts are within a statistically confident range of agreement.


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Future Growth

How is Oasis Petroleum forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WLL's forecast earnings growth (3.2% per year) is above the savings rate (1.9%).

Earnings vs Market: WLL's earnings (3.2% per year) are forecast to grow slower than the US market (13.6% per year).

High Growth Earnings: WLL's earnings are forecast to grow, but not significantly.

Revenue vs Market: WLL's revenue is expected to decline over the next 3 years (-5.1% per year).

High Growth Revenue: WLL's revenue is forecast to decline over the next 3 years (-5.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WLL's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Oasis Petroleum performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-0.04%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WLL has a high level of non-cash earnings.

Growing Profit Margin: WLL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: WLL has become profitable over the past 5 years, growing earnings by -0.05% per year.

Accelerating Growth: WLL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: WLL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (102.2%).


Return on Equity

High ROE: WLL's Return on Equity (24.2%) is considered high.


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Financial Health

How is Oasis Petroleum's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WLL's short term assets ($347.2M) do not cover its short term liabilities ($980.8M).

Long Term Liabilities: WLL's short term assets ($347.2M) exceed its long term liabilities ($193.3M).


Debt to Equity History and Analysis

Debt Level: WLL's net debt to equity ratio (3.1%) is considered satisfactory.

Reducing Debt: WLL's debt to equity ratio has reduced from 62.6% to 3.1% over the past 5 years.

Debt Coverage: WLL's debt is well covered by operating cash flow (1591.3%).

Interest Coverage: WLL's interest payments on its debt are well covered by EBIT (25.4x coverage).


Balance Sheet


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Dividend

What is Oasis Petroleum current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.47%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: WLL's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: WLL's dividend (1.47%) is low compared to the top 25% of dividend payers in the US market (4.25%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether WLL's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if WLL's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (2.5%), WLL's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (581%), WLL's dividend payments are not well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Lynn Peterson (69 yo)

1.83yrs

Tenure

US$7,435,298

Compensation

Mr. Lynn Alan Peterson serves as Chief Executive Officer and Director of Whiting Petroleum Corporation since September 1, 2020 and serves as its President since September 2020. He serves as the Chief Execu...


CEO Compensation Analysis

Compensation vs Market: Lynn's total compensation ($USD7.44M) is about average for companies of similar size in the US market ($USD6.91M).

Compensation vs Earnings: Lynn's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: WLL's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: WLL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Whiting Petroleum Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Whiting Petroleum Corporation
  • Ticker: WLL
  • Exchange: NYSE
  • Founded: NaN
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: US$2.670b
  • Shares outstanding: 39.24m
  • Website: https://www.chordenergy.com

Number of Employees


Location

  • Whiting Petroleum Corporation
  • 1700 Lincoln Street
  • Suite 4700
  • Denver
  • Colorado
  • 80203-4547
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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 here.