Whiting Petroleum
Market Cap
US$266.6m
Last Updated
2020/02/19 00:34 UTC
Data Sources
Company Financials +
Executive Summary
Whiting Petroleum Corporation engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the United States.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with moderate growth potential.
Similar Companies
Share Price & News
How has Whiting Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WLL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.4%
WLL
-1.3%
US Oil and Gas
0.06%
US Market
1 Year Return
-90.6%
WLL
-19.5%
US Oil and Gas
19.4%
US Market
Return vs Industry: WLL underperformed the US Oil and Gas industry which returned -18.7% over the past year.
Return vs Market: WLL underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| WLL | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | -1.3% | 0.06% |
| 30 Day | -49.7% | -10.1% | 1.1% |
| 90 Day | -47.3% | -7.0% | 8.9% |
| 1 Year | -90.6%-90.6% | -16.3%-19.5% | 21.9%19.4% |
| 3 Year | -93.5%-93.5% | -13.3%-21.4% | 48.9%39.3% |
| 5 Year | -98.1%-98.1% | -22.4%-33.8% | 71.9%53.1% |
Price Volatility Vs. Market
How volatile is Whiting Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Why We’re Not Impressed By Whiting Petroleum Corporation’s (NYSE:WLL) 4.3% ROCE1 month ago | Simply Wall St
Is Whiting Petroleum Corporation (NYSE:WLL) Expensive For A Reason? A Look At Its Intrinsic Value2 months ago | Simply Wall St
Imagine Owning Whiting Petroleum (NYSE:WLL) And Taking A 96% Loss Square On The ChinValuation
Is Whiting Petroleum undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WLL ($2.92) is trading below our estimate of fair value ($6.47)
Significantly Below Fair Value: WLL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WLL is good value based on its PE Ratio (2.4x) compared to the Oil and Gas industry average (9x).
PE vs Market: WLL is good value based on its PE Ratio (2.4x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: WLL is good value based on its PEG Ratio (0x)
Price to Book Ratio
PB vs Industry: WLL is good value based on its PB Ratio (0.1x) compared to the US Oil and Gas industry average (0.8x).
Next Steps
Future Growth
How is Whiting Petroleum forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
57.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WLL's forecast earnings growth (57.4% per year) is above the savings rate (1.7%).
Earnings vs Market: WLL's earnings (57.4% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WLL's revenue (4.2% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: WLL's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WLL is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Whiting Petroleum performed over the past 5 years?
17.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WLL has high quality 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 17.9% 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 (-10.9%).
Return on Equity
High ROE: WLL's Return on Equity (2.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Whiting Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: WLL's short term assets ($355.3M) do not cover its short term liabilities ($806.5M).
Long Term Liabilities: WLL's short term assets ($355.3M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: WLL's debt to equity ratio (68.6%) is considered high.
Reducing Debt: WLL's debt to equity ratio has increased from 65.1% to 68.6% over the past 5 years.
Balance Sheet
Inventory Level: WLL has a high level of physical assets or inventory.
Debt Coverage by Assets: WLL's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WLL is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: WLL is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is Whiting Petroleum's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate WLL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate WLL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WLL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WLL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WLL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.5yrs
Average management tenure
CEO
Brad Holly (48yo)
2.3yrs
Tenure
US$5,432,235
Compensation
Mr. Bradley J. Holly, also known as Brad, has been President and Chief Executive Officer of Whiting Petroleum Corporation since November 1, 2017. Mr. Holly served as an Executive Vice President of U.S. Ons ...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD5.43M) is above average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.3yrs | US$5.43m | 0.21% $558.5k | |
| Chief Administrative Officer | 0.5yrs | US$1.92m | 0.045% $120.5k | |
| Chief Financial Officer | 0.5yrs | no data | no data | |
| Chief Operating Officer | 1.3yrs | no data | 0.011% $28.2k | |
| Vice President of Corporate Affairs | 0.5yrs | no data | no data | |
| Vice President of Marketing | 1.3yrs | no data | no data | |
| Vice President of Human Resources | 0.5yrs | no data | no data | |
| Chief Strategy Officer | 0.5yrs | no data | 0.0057% $15.3k | |
| VP & Controller | 4.9yrs | no data | 0.012% $30.8k |
0.5yrs
Average Tenure
45yo
Average Age
Experienced Management: WLL's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.3yrs | US$5.43m | 0.21% $558.5k | |
| Independent Director | 6.8yrs | US$281.50k | 0.029% $77.4k | |
| Director | 12.3yrs | US$290.50k | 0.035% $92.1k | |
| Director | 0.4yrs | no data | 0.024% $62.9k | |
| Independent Director | 4.6yrs | US$256.60k | 0.029% $76.0k | |
| Independent Director | 17.1yrs | US$289.50k | 0.036% $95.7k | |
| Lead Director | 0yrs | US$231.50k | 0.090% $240.0k | |
| Independent Director | 9.5yrs | US$295.50k | 0.029% $76.6k | |
| Director | 0.4yrs | no data | 0.024% $62.9k |
5.7yrs
Average Tenure
67yo
Average Age
Experienced Board: WLL's board of directors are considered experienced (5.7 years average tenure).
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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: Whiting Petroleum Corporation
- Ticker: WLL
- Exchange: NYSE
- Founded: 1980
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$266.595m
- Shares outstanding: 91.30m
- Website: https://www.whiting.com
Number of Employees
Location
- Whiting Petroleum Corporation
- 1700 Broadway
- Suite 2300
- Denver
- Colorado
- 80290
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WLL | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Nov 2003 |
| WHT1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2003 |
| WLL * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Nov 2003 |
Biography
Whiting Petroleum Corporation engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas 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, 2018, it had interests in 2,097 net productive wells on approximately 539,300 net developed acres, as well as total estimated proved reserves of 520.1 million barrels of oil equivalent. The company was founded in 1980 and is headquartered in Denver, Colorado.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 00:34 |
| End of Day Share Price | 2020/02/18 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.