Whiting Petroleum Corporation

Whiting Petroleum Corporation is one of the largest independent exploration and production companies in the USA with an oil focused asset base. We control one of the largest acreage positions in the Bakken/Three Forks resource play in the Williston Basin of North Dakota and Montana with 774,000 net acres in the oil productive sweet spots of the basin encompassing over 7,500 future gross drilling locations. From the Bakken and Three Forks resource play we have consistently been a top oil producer in North Dakota and across the Williston Basin. In the new and large oil prone sweet spot of the eastern DJ Basin of Colorado, we have over 132,000 net acres. Similar to our Bakken and Three Forks acreage position, we are rapidly growing our Niobrara A, B, C and Codell interval production and have an estimated 6,700 future gross drilling locations in these zones. Whiting is headquartered in Denver, Colorado where we operate one of the few in-house geoscience core labs in the oil and gas industry. The Company trades publicly under the symbol WLL on the New York Stock Exchange
Company Growth (employees)
Type
Public
HQ
Denver, US
Founded
1980
Size (employees)
850 (est)
Whiting Petroleum Corporation was founded in 1980 and is headquartered in Denver, US

Whiting Petroleum Corporation Office Locations

Whiting Petroleum Corporation has an office in Denver
Denver, US (HQ)
2300 1700 Broadway

Whiting Petroleum Corporation Financials and Metrics

Whiting Petroleum Corporation Financials

Whiting Petroleum Corporation's revenue was reported to be $129.2 m in Q3, 2016
USD

Net income (Q1, 2017)

(87 m)

EBIT (Q1, 2017)

(77.5 m)

Market capitalization (19-Oct-2017)

1.8 b

Cash (31-Mar-2017)

16.4 m
Whiting Petroleum Corporation's current market capitalization is $1.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.8 b3.1 b2.1 b

Revenue growth, %

9%(34%)

Sales and marketing expense

395.1 m

General and administrative expense

146.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

590 m508 m292 m339.6 m129.2 m

Sales and marketing expense

125.6 m114.4 m105.2 m88 m90.4 m

General and administrative expense

45 m44.8 m44.8 m33.5 m33.9 m30.6 m

Operating expense total

45 m170.4 m159.2 m138.7 m121.9 m121 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

699.5 m78.1 m16.1 m56 m

Current Assets

1.1 b843 m535.2 m622.6 m

Goodwill

875.7 m

Total Assets

8.8 b14 b11.4 b9.9 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

227.1 m28.1 m105.9 m60.2 m37.7 m1.1 m15.3 m18.3 m16.4 m

Current Assets

733.1 m512 m763 m597.3 m558.2 m419.5 m319.5 m286.6 m244 m

Goodwill

875.7 m875.7 m875.7 m

Total Assets

9.4 b9.6 b14.5 b14.2 b11.7 b11.2 b10.8 b10.1 b9.4 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

366 m64.7 m(2.2 b)(1.3 b)

Depreciation and Amortization

891.5 m1.1 b1.2 b1.2 b

Cash From Operating Activities

1.7 b1.8 b1.1 b595 m

Cash From Investing Activities

(1.9 b)(2.9 b)(2 b)(222.6 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

260.5 m418.4 m(106.1 m)(255.4 m)(2.1 b)(171.8 m)(472.8 m)(1.2 b)(87 m)

Depreciation and Amortization

503.8 m789.4 m283.5 m605.9 m922.1 m312.3 m616.3 m900.9 m240.4 m

Cash From Operating Activities

891.7 m1.3 b202.1 m528.1 m901.3 m45.9 m206.9 m358.3 m

Cash From Investing Activities

(1.3 b)(2.1 b)(1 b)(1.4 b)(1.8 b)(260.3 m)(357 m)(140.9 m)
Y, 2017

Financial Leverage

1.9 x
Show all financial metrics

Whiting Petroleum Corporation Market Value History

Traffic Overview of Whiting Petroleum Corporation

Whiting Petroleum Corporation Online and Social Media Presence

Whiting Petroleum Corporation Company Life and Culture

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