Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids primarily in the Rocky Mountains region of the United States.
Fair value with imperfect balance sheet.
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.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: WLL underperformed the US Oil and Gas industry which returned -43.3% over the past year.
Return vs Market: WLL underperformed the US Market which returned 5.3% over the past year.
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
5 months ago | Simply Wall StWhy We’re Not Impressed By Whiting Petroleum Corporation’s (NYSE:WLL) 4.3% ROCE
5 months ago | Simply Wall StIs Whiting Petroleum Corporation (NYSE:WLL) Expensive For A Reason? A Look At Its Intrinsic Value
7 months ago | Simply Wall StImagine Owning Whiting Petroleum (NYSE:WLL) And Taking A 96% Loss Square On The Chin
Is Whiting Petroleum undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WLL ($1.01) is trading below our estimate of fair value ($6.55)
Significantly Below Fair Value: WLL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WLL is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: WLL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WLL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WLL is good value based on its PB Ratio (0.2x) compared to the US Oil and Gas industry average (0.7x).
How is Whiting Petroleum forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WLL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: WLL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: WLL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: WLL's revenue is expected to decline over the next 3 years (-19.6% per year).
High Growth Revenue: WLL's revenue is forecast to decline over the next 3 years (-19.6% 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
How has Whiting Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WLL is currently unprofitable.
Growing Profit Margin: WLL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WLL is unprofitable, but has reduced losses over the past 5 years at a rate of 15.8% per year.
Accelerating Growth: Unable to compare WLL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WLL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-21.6%).
Return on Equity
High ROE: WLL has a negative Return on Equity (-962.95%), as it is currently unprofitable.
How is Whiting Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: WLL's short term assets ($1.0B) do not cover its short term liabilities ($3.9B).
Long Term Liabilities: WLL's short term assets ($1.0B) exceed its long term liabilities ($253.2M).
Debt to Equity History and Analysis
Debt Level: WLL's debt to equity ratio (864.2%) is considered high.
Reducing Debt: WLL's debt to equity ratio has increased from 77.2% to 864.2% over the past 5 years.
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 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WLL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Whiting Petroleum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WLL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WLL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Holly (49yo)
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 ($USD5.46M) is above average for companies of similar size in the US market ($USD618.98K).
Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||0.92yr||US$1.71m||0.029% $26.5k|
|Chief Operating Officer||1.67yrs||US$3.48m||0.042% $38.9k|
|Chief Administrative Officer||0.92yr||US$2.46m||0.069% $63.6k|
|Vice President of Corporate Affairs||0.92yr||no data||no data|
|Vice President of Marketing & Midstream||1.67yrs||no data||no data|
|Vice President of Human Resources||0.92yr||no data||no data|
|VP & Controller||5.33yrs||no data||0.012% $10.6k|
Experienced Management: WLL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||7.17yrs||US$321.50k||0.023% $21.4k|
|Independent Director||0.83yr||US$169.33k||0.012% $10.9k|
|Independent Director||5yrs||US$318.92k||0.022% $20.5k|
|Independent Director||17.5yrs||US$329.33k||0.030% $27.8k|
|Independent Lead Director||0.50yr||US$295.00k||0.085% $78.5k|
|Independent Director||0.83yr||US$169.33k||0.012% $10.9k|
Experienced Board: WLL's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Whiting Petroleum Corporation's company bio, employee growth, exchange listings and data sources
- Name: Whiting Petroleum Corporation
- Ticker: WLL
- Exchange: NYSE
- Founded: 1980
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$92.327m
- Shares outstanding: 91.41m
- Website: https://www.whiting.com
Number of Employees
- Whiting Petroleum Corporation
- 1700 Lincoln Street
- Suite 4700
- United States
|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|
Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, 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, 2019, it had interests in 2,171 net productive wells on approximately 523,600 net developed acres, as well as total estimated proved reserves of 485.4 million barrels of oil equivalent. The company was founded in 1980 and is headquartered in Denver, Colorado. On April 1, 2020, Whiting Petroleum Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 23:52|
|End of Day Share Price||2020/07/14 00:00|
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.