Whiting Petroleum
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 last earnings update was 50 days ago. More info.
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WLL Share Price and Events
7 Day Returns
1 Year Returns
WLL Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Whiting Petroleum (WLL) | -9.6% | 2.6% | -8% | -31% | -38.8% | -90.5% |
| US Oil and Gas | -0.6% | 1.3% | 4.9% | -7.4% | 4.2% | -27.6% |
| US Market | 0.2% | 2.1% | 8.5% | 6.3% | 37.9% | 45.7% |
1 Year Return vs Industry and Market
- WLL underperformed the Oil and Gas industry which returned -7.4% over the past year.
- WLL underperformed the Market in United States of America which returned 6.3% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Whiting Petroleum
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Whiting Petroleum.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 19 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 11.7% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Oil and Gas Unlevered Beta | Simply Wall St/ S&P Global | 0.93 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.933 (1 + (1- 21%) (112.13%)) |
1.508 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.51 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.508 * 5.96%) |
11.72% |
Discounted Cash Flow Calculation for NYSE:WLL using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Whiting Petroleum is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 11.72%) |
|
|---|---|---|---|
| 2019 | 232.56 | Analyst x9 | 208.17 |
| 2020 | 316.91 | Analyst x10 | 253.91 |
| 2021 | 412.00 | Analyst x4 | 295.47 |
| 2022 | 490.67 | Est @ 19.09% | 314.97 |
| 2023 | 560.27 | Est @ 14.19% | 321.92 |
| 2024 | 620.49 | Est @ 10.75% | 319.12 |
| 2025 | 672.26 | Est @ 8.34% | 309.48 |
| 2026 | 717.03 | Est @ 6.66% | 295.46 |
| 2027 | 756.32 | Est @ 5.48% | 278.96 |
| 2028 | 791.53 | Est @ 4.66% | 261.32 |
| Present value of next 10 years cash flows | $2,858.78 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $791.53 × (1 + 2.73%) ÷ (11.72% – 2.73%) |
$9,045.35 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $9,045.35 ÷ (1 + 11.72%)10 |
$2,986.28 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $2,858.78 + $2,986.28 |
$5,845.07 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $5,845.07 / 90.79 |
$64.38 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $64.38 |
| Current discount | Discount to share price of
$27.43
= -1 x ($27.43 - $64.38) / $64.38 |
57.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Whiting Petroleum's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Whiting Petroleum's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Whiting Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Whiting Petroleum's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $3.77 |
| NYSE:WLL Share Price ** | NYSE (2019-04-18) in USD | $27.43 |
| United States of America Oil and Gas Industry PE Ratio | Median Figure of 107 Publicly-Listed Oil and Gas Companies | 13.18x |
| United States of America Market PE Ratio | Median Figure of 3,081 Publicly-Listed Companies | 18.15x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Whiting Petroleum.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:WLL Share Price ÷ EPS (both in USD) = 27.43 ÷ 3.77 |
7.28x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whiting Petroleum is good value based on earnings compared to the US Oil and Gas industry average.
- Whiting Petroleum is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Whiting Petroleum's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 7.28x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts |
4.6%per year |
| United States of America Oil and Gas Industry PEG Ratio | Median Figure of 77 Publicly-Listed Oil and Gas Companies | 0.59x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.57x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 7.28x ÷ 4.6% |
1.57x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whiting Petroleum is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Whiting Petroleum's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $46.92 |
| NYSE:WLL Share Price * | NYSE (2019-04-18) in USD | $27.43 |
| United States of America Oil and Gas Industry PB Ratio | Median Figure of 191 Publicly-Listed Oil and Gas Companies | 1.13x |
| United States of America Market PB Ratio | Median Figure of 5,178 Publicly-Listed Companies | 1.91x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:WLL Share Price ÷ Book Value per Share (both in USD) = 27.43 ÷ 46.92 |
0.58x |
* Primary Listing of Whiting Petroleum.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whiting Petroleum is good value based on assets compared to the US Oil and Gas industry average.
Value checks
We assess Whiting Petroleum's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) Whiting Petroleum has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Whiting Petroleum's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Whiting Petroleum's earnings growth is positive but not above the United States of America market average.
- Whiting Petroleum's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:WLL Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts | 4.6% |
| NYSE:WLL Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts | 1.9% |
| United States of America Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 10.4% |
| United States of America Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 5.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 19 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 2,275 | 1,388 | 463 | 2 |
| 2022-12-31 | 2,211 | 1,349 | 418 | 2 |
| 2021-12-31 | 2,085 | 1,274 | 302 | 6 |
| 2020-12-31 | 2,089 | 1,168 | 238 | 17 |
| 2019-12-31 | 1,868 | 1,023 | 136 | 18 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 2,081 | 1,092 | 342 |
| 2018-09-30 | 1,918 | 1,094 | -660 |
| 2018-06-30 | 1,695 | 929 | -1,068 |
| 2018-03-31 | 1,496 | 730 | -1,136 |
| 2017-12-31 | 1,481 | 577 | -1,238 |
| 2017-09-30 | 1,234 | 527 | -613 |
| 2017-06-30 | 1,226 | 579 | -1,019 |
| 2017-03-31 | 1,252 | 629 | -1,254 |
| 2016-12-31 | 1,285 | 595 | -1,339 |
| 2016-09-30 | 1,243 | 508 | -1,265 |
| 2016-06-30 | 1,414 | 730 | -2,437 |
| 2016-03-31 | 1,698 | 895 | -2,285 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 19 Analyst Estimates (S&P Global) | See Below |
All data from Whiting Petroleum Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 5.06 | 6.55 | 3.56 | 2.00 |
| 2022-12-31 | 4.56 | 5.52 | 3.60 | 2.00 |
| 2021-12-31 | 3.06 | 4.16 | 2.02 | 4.00 |
| 2020-12-31 | 2.56 | 3.52 | 1.83 | 12.00 |
| 2019-12-31 | 1.58 | 3.41 | 0.44 | 16.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 3.77 |
| 2018-09-30 | -7.26 |
| 2018-06-30 | -11.76 |
| 2018-03-31 | -12.52 |
| 2017-12-31 | -13.65 |
| 2017-09-30 | -7.08 |
| 2017-06-30 | -12.52 |
| 2017-03-31 | -17.22 |
| 2016-12-31 | -21.27 |
| 2016-09-30 | -22.10 |
| 2016-06-30 | -46.47 |
| 2016-03-31 | -44.73 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Whiting Petroleum's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Whiting Petroleum has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Whiting Petroleum performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Whiting Petroleum's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Whiting Petroleum has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Whiting Petroleum has become profitable in the last year making it difficult to compare the US Oil and Gas industry average.
Earnings and Revenue History
All data from Whiting Petroleum Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 2,081.41 | 342.49 | 145.33 | |
| 2018-09-30 | 1,918.08 | -659.75 | 156.83 | |
| 2018-06-30 | 1,694.58 | -1,067.58 | 158.31 | |
| 2018-03-31 | 1,495.94 | -1,135.68 | 160.03 | |
| 2017-12-31 | 1,481.44 | -1,237.65 | 160.61 | |
| 2017-09-30 | 1,233.51 | -612.63 | 153.01 | |
| 2017-06-30 | 1,226.00 | -1,019.25 | 158.54 | |
| 2017-03-31 | 1,251.76 | -1,254.31 | 164.16 | |
| 2016-12-31 | 1,284.98 | -1,339.10 | 192.72 | |
| 2016-09-30 | 1,243.49 | -1,264.53 | 226.08 | |
| 2016-06-30 | 1,414.16 | -2,436.59 | 249.32 | |
| 2016-03-31 | 1,697.75 | -2,284.82 | 282.81 | |
| 2015-12-31 | 1,909.45 | -2,219.18 | 315.98 | |
| 2015-09-30 | 2,146.66 | -2,474.17 | 310.27 | |
| 2015-06-30 | 2,422.75 | -451.09 | 281.43 | |
| 2015-03-31 | 2,585.86 | -150.37 | 253.05 | |
| 2014-12-31 | 2,771.61 | 64.81 | 211.01 | |
| 2014-09-30 | 2,797.92 | 359.22 | 195.18 | |
| 2014-06-30 | 2,707.37 | 405.35 | 236.92 | |
| 2014-03-31 | 2,548.52 | 388.59 | 241.45 | |
| 2013-12-31 | 2,441.15 | 365.52 | 232.75 | |
| 2013-09-30 | 2,319.63 | 506.22 | 229.59 | |
| 2013-06-30 | 2,151.91 | 384.98 | 186.17 | |
| 2013-03-31 | 2,005.85 | 400.91 | 171.33 | |
| 2012-12-31 | 1,966.09 | 413.11 | 167.69 | |
| 2012-09-30 | 1,897.00 | 394.30 | 150.17 | |
| 2012-06-30 | 1,853.39 | 517.40 | 147.39 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Whiting Petroleum has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Whiting Petroleum used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.
- Whiting Petroleum has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Whiting Petroleum's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Whiting Petroleum has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Whiting Petroleum's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Whiting Petroleum's finances.
The net worth of a company is the difference between its assets and liabilities.
- Whiting Petroleum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Whiting Petroleum's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Whiting Petroleum Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 4,270.32 | 2,792.32 | 13.61 |
| 2018-09-30 | 4,063.85 | 2,835.13 | 14.19 |
| 2018-06-30 | 3,939.27 | 2,778.23 | 16.61 |
| 2018-03-31 | 3,935.61 | 2,861.43 | 30.52 |
| 2017-12-31 | 3,919.14 | 3,723.43 | 879.38 |
| 2017-09-30 | 4,715.97 | 2,931.44 | 11.17 |
| 2017-06-30 | 4,996.11 | 3,274.81 | 23.24 |
| 2017-03-31 | 5,063.27 | 3,168.26 | 16.43 |
| 2016-12-31 | 5,149.19 | 3,535.30 | 55.98 |
| 2016-09-30 | 4,604.02 | 4,085.63 | 18.33 |
| 2016-06-30 | 4,764.95 | 4,960.92 | 15.34 |
| 2016-03-31 | 4,592.70 | 5,334.60 | 1.06 |
| 2015-12-31 | 4,758.59 | 5,197.70 | 16.05 |
| 2015-09-30 | 4,850.02 | 5,254.65 | 37.73 |
| 2015-06-30 | 6,707.83 | 5,245.35 | 60.15 |
| 2015-03-31 | 6,789.69 | 5,241.19 | 105.92 |
| 2014-12-31 | 5,703.04 | 5,602.39 | 78.10 |
| 2014-09-30 | 4,262.23 | 2,753.35 | 28.05 |
| 2014-06-30 | 4,097.14 | 2,653.51 | 227.08 |
| 2014-03-31 | 3,941.50 | 2,653.67 | 406.44 |
| 2013-12-31 | 3,836.70 | 2,653.83 | 699.46 |
| 2013-09-30 | 3,890.06 | 2,903.99 | 1,025.58 |
| 2013-06-30 | 3,680.35 | 2,250.00 | 23.31 |
| 2013-03-31 | 3,540.61 | 2,100.00 | 8.18 |
| 2012-12-31 | 3,453.17 | 1,800.00 | 44.80 |
| 2012-09-30 | 3,367.09 | 1,600.00 | 26.08 |
| 2012-06-30 | 3,279.82 | 1,420.00 | 6.81 |
- Whiting Petroleum's level of debt (65.4%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (69.1% vs 65.4% today).
- Debt is well covered by operating cash flow (39.1%, greater than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2.9x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Whiting Petroleum's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Whiting Petroleum has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Whiting Petroleum's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Whiting Petroleum
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Whiting Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Whiting Petroleum's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 19 Analyst Estimates (S&P Global) | See Below |
| United States of America Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 65 Stocks | 3.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2009 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.00 | 4.00 |
| 2020-12-31 | 0.00 | 6.00 |
| 2019-12-31 | 0.00 | 8.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Whiting Petroleum has not reported any payouts.
- Unable to verify if Whiting Petroleum's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Whiting Petroleum's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Whiting Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Whiting Petroleum has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $5,432,235 |
| AGE | 47 |
| TENURE AS CEO | 1.4 years |
CEO Bio
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. Onshore Exploration & Production at Anadarko Petroleum Corporation since May 10, 2017 until October 4, 2017. Mr. Holly served as Senior Vice President of U.S. Onshore Exploration and Production at Anadarko Petroleum Corporation from August 2016 to May 10, 2017. He served as Senior Vice President of Operations - Rockies at Anadarko Petroleum Corporation since November 2014 until August 2016. He was previously Senior Vice President, Operations for Anadarko'sRocky Mountain Region from May 2013 to September 2016 and Vice President, Operations for the Southern & Appalachia Region from July 2012 to May 2013. Mr. Holly joined Anadarko in 1997 and has held positions of increasing responsibility in onshore and offshore engineering and management. He served as General Manager of Greater Natural Buttes and General Manager of Maverick Basin. Prior to that, he served as Reserves and Planning Manager for the Southern and Appalachia Region and was a Reservoir Engineer & Development Supervisor on Anadarko's Marco Polo and K2 developments in the deepwater GOM. Mr. Holly has more than 23 years of experience in oil and natural gas exploration and production, having begun his career with Amoco in 1994. He has been Director of Whiting Petroleum Corporation since November 1, 2017 and also its Chairman of the Board since May 01, 2018. He serves on the Industry Advisory Board for the Texas Tech Petroleum Engineering Department and also is a member of the Society of Petroleum Engineers. Mr. Holly returns to Denver where he served as the past Chairman of the Colorado Oil and Gas Association (COGA) in 2016 and is a member of the inaugural class of the Colorado Governor's Fellows Program. Mr. Holly served on Governor Hickenlooper's task force on oil and gas in 2014-2015 and was the chairman of Protect Colorado in 2016. He has served as a trustee of the Mile High United Way for the past three years. Mr. Holly holds a Bachelor of Science in Petroleum Engineering from Texas Tech University and he is a graduate of the Harvard Business School Advanced Management Program.
CEO Compensation
- Brad's compensation has increased in line with Whiting Petroleum recently becoming profitable.
- Brad's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Whiting Petroleum management team in years:
- The tenure for the Whiting Petroleum management team is about average.
Management Team
Brad Holly
Chairman
$5M
47
1.4 yrs
Michael Stevens
Senior VP & CFO
$3M
52
14.1 yrs
Bruce DeBoer
Senior VP
$2M
65
14.3 yrs
Pete Hagist
Senior Vice President of Planning & Reservoir Engineering
$2M
57
4.8 yrs
Chip Rimer
Chief Operating Officer
60
0.4 yrs
Eric Hagen
Senior Vice President of Investor Relations
7.5 yrs
Tim Sulser
Chief Corporate Development & Strategy Officer
41
0.6 yrs
Heather Duncan
Vice President of Human Resources
47
11.3 yrs
Sirikka Lohoefener
VP, Controller & Treasurer
39
4.1 yrs
Jason Finch
Vice President of Planning
Board of Directors Tenure
Average tenure and age of the Whiting Petroleum board of directors in years:
- The tenure for the Whiting Petroleum board of directors is about average.
Board of Directors
Tom Aller
Director
$290K
69
16.3 yrs
Brad Holly
Chairman
$5M
47
0.9 yrs
Phil Doty
Independent Director
$296K
74
8.7 yrs
Mike Walen
Independent Director
$282K
69
5.9 yrs
Bill Hahne
Lead Independent Director
$291K
66
James Catlin
Director
$232K
71
4.3 yrs
Carin Knickel
Director
$257K
62
3.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 19. Mar 19 | Sell | Peter Hagist | Individual | 15. Mar 19 | 15. Mar 19 | -5,000 | $25.19 | $-125,950 | ||
| 08. Nov 18 | Sell | William Hahne | Individual | 07. Nov 18 | 07. Nov 18 | -2,300 | $36.85 | $-84,766 | ||
Management checks
We assess Whiting Petroleum's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Whiting Petroleum has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Is Whiting Petroleum Corporation (NYSE:WLL) Investing Effectively In Its Business?
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleThe Whiting Petroleum Share Price Is Down 91% So Some Shareholders Are Rather Upset
For example, we sympathize with anyone who was caught holding Whiting Petroleum Corporation (NYSE:WLL) during the five years that saw its share price drop a whopping 91%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Whiting Petroleum moved from a loss to profitability.
Simply Wall St - – Full articleRead This Before Buying Whiting Petroleum Corporation (NYSE:WLL) Shares
So shareholders might well want to know whether insiders have been buying or selling shares in Whiting Petroleum Corporation (NYSE:WLL). … All up, insiders sold more shares in Whiting Petroleum than they bought, over the last year … It's not particularly great to see insiders were selling shares around current prices (shares recently traded around US$26.36)
Simply Wall St - – Full articleAnalysts Expect Breakeven For Whiting Petroleum Corporation (NYSE:WLL)
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 US$4.84b market-cap company’s loss lessens since it announced a -US$1.24b bottom-line in the full financial year, compared to the latest trailing-twelve-month loss of -US$1.14b, as it approaches breakeven. … See our latest analysis for Whiting Petroleum
Simply Wall St - – Full articleWhiting Petroleum Corporation's (NYSE:WLL) Profit Outlook
Many investors are wondering the rate at which WLL will turn a profit, with the big question being “when will the company breakeven?” I’ve put together a brief outline of industry analyst expectations for WLL, its year of breakeven and its implied growth rate. … Working backwards from analyst estimates, it turns out that they expect the company to grow 23.07% year-on-year, on average, which is extremely buoyant. … NYSE:WLL Past Future Earnings Jun 1st 18 Underlying developments driving WLL’s growth isn’t the focus of this broad overview, however, keep in mind that generally an oil and gas business has lumpy cash flows which are contingent on the natural resource and stage at which the company is operating.
Simply Wall St - – Full articleWhiting Petroleum Corporation (NYSE:WLL): Risks You Need To Consider Before Buying
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … With a beta of 2.92, Whiting Petroleum is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … How WLL's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.
Simply Wall St - – Full articleWho Owns Whiting Petroleum Corporation (NYSE:WLL)?
Today, I will be analyzing Whiting Petroleum Corporation’s (NYSE:WLL) recent ownership structure, an important but not-so-popular subject among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.
Simply Wall St - – Full articleIs Whiting Petroleum Corporation's (NYSE:WLL) Balance Sheet A Threat To Its Future?
See our latest analysis for Whiting Petroleum How does WLL’s operating cash flow stack up against its debt? … Moreover, WLL has generated US$577.11M in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 15.50%, signalling that WLL’s current level of operating cash is not high enough to cover debt. … Next Steps: With a high level of debt on its balance sheet, WLL could still be in a financially strong position if its cash flow also stacked up.
Simply Wall St - – Full articleWhy Whiting Petroleum Corporation (NYSE:WLL) Could Be A Buy
Since Whiting Petroleum’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you are no longer interested in Whiting Petroleum, you can use our free platform to see my list of over 50 other stocks with a high growth potential.
Simply Wall St - – Full articleInterested In Whiting Petroleum Corporation (NYSE:WLL)? Here's How It Performed Recently
After looking at Whiting Petroleum Corporation's (NYSE:WLL) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … NYSE:WLL Income Statement Mar 27th 18 We can further examine Whiting Petroleum's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past five years Whiting Petroleum has seen an annual decline in revenue of -3.60%, on average.
Simply Wall St - – Full articleCompany Info
Description
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.
Details
| Name: | Whiting Petroleum Corporation |
| WLL | |
| Exchange: | NYSE |
| Founded: | 1980 |
| $2,490,342,654 | |
| 90,789,014 | |
| Website: | http://www.whiting.com |
| Address: |
Whiting Petroleum Corporation 1700 Broadway, Suite 2300, Denver, Colorado, 80290, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | WLL | Common Stock | New York Stock Exchange | US | USD | 20. Nov 2003 | |
| DB | WHT1 | Common Stock | Deutsche Boerse AG | DE | EUR | 20. Nov 2003 |
Number of employees
Current staff
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/19 23:50 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/04/19 |
| Last earnings filing: | 2019/02/28 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
