This company has been acquired
The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Oasis Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Key information
3.1%
Debt to equity ratio
US$50.00m
Debt
| Interest coverage ratio | 25.4x |
| Cash | US$208.00k |
| Equity | US$1.62b |
| Total liabilities | US$1.17b |
| Total assets | US$2.79b |
Recent financial health updates
Recent updates
Whiting Petroleum: Positive Cash Flow Projections For 2022 Increases To Near $700 Million
Feb 19Whiting Petroleum: Potential For Over $500 Million In Positive Cash Flow During 2022
Dec 08Whiting Petroleum: Looks Fairly Valued For Long-Term $65 WTI Oil
Oct 02Whiting Petroleum: A Look At Its Williston Basin Acquisition And Redtail Divestiture
Jul 29Whiting Petroleum: Remaining Upside Depends On Distribution Of Reserved Shares And Status Of DAPL
Jul 01Whiting Petroleum: Guidance Points Towards Significant Cash Flow Generation In 2021
Feb 03Whiting Petroleum guides 2021 capex of $240M
Jan 05Whiting Petroleum: High-$40s Oil Is Favorable For 2021 Plans
Dec 29Financial 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).