OverviewSuggest Edit

Whiting Petroleum is an independent exploration and production company with an oil focused asset base. The Company is engaged in the exploration and production of crude oil, natural gas liquid (NGLs) and natural gas.

TypePublic
Founded1980
HQDenver, CO, US
Websitewhiting.com
Employee Ratings3.5
Overall CultureA

Latest Updates

Employees (est.) (Jan 2020)505(-33%)
Job Openings3
Revenue (FY, 2019)$1.6 B(-24%)
Share Price (Jun 2021)$49.8(+3%)
Cybersecurity ratingBMore

Key People/Management at Whiting Petroleum

Bradley J. Holly

Bradley J. Holly

Chairman, President and Chief Executive Officer
Kevin S. McCarthy

Kevin S. McCarthy

Chairman of the Board
Lynn A. Peterson

Lynn A. Peterson

President and Chief Executive Officer, Director
Janet L. Carrig

Janet L. Carrig

Director
James P. Henderson

James P. Henderson

Executive Vice President Finance and Chief Financial Officer
Susan M. Cunningham

Susan M. Cunningham

Director
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Whiting Petroleum Office Locations

Whiting Petroleum has an office in Denver
Denver, CO, US (HQ)
1700 Broadway Department Suite 2300
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Whiting Petroleum Financials and Metrics

Whiting Petroleum Revenue

Whiting Petroleum's revenue was reported to be $1.57 b in FY, 2019
USD

Revenue (Q1, 2021)

307.4m

Net income (Q1, 2021)

(946.0k)

EBIT (Q1, 2021)

1.6m

Market capitalization (4-Jun-2021)

1.9b

Closing stock price (4-Jun-2021)

49.8

Cash (31-Mar-2021)

24.7m

EV

2.2b
Whiting Petroleum's current market capitalization is $1.9 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

336.7m491.7m414.2m366.0m64.7m(2.2b)(1.3b)(1.2b)342.5m(241.2m)

Depreciation and Amortization

393.9m468.2m684.7m891.5m1.1b1.2b1.2b948.9m781.3m816.5m

Accounts Payable

66.7m33.1m58.6m33.4m(86.5m)(117.1m)(62.8m)(25.0m)11.4m40.1m

Cash From Operating Activities

997.3m1.2b1.4b1.7b1.8b1.1b595.0m577.1m1.1b756.0m
USDQ2, 2010

Financial Leverage

1.7 x
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Whiting Petroleum Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Whiting Petroleum Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Whiting Petroleum Online and Social Media Presence

Embed Graph

Whiting Petroleum Company Culture

  • Overall Culture

    A

    84/100

  • CEO Rating

    A

    80/100

  • Compensation

    A+

    91/100

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Whiting Petroleum News and Updates

Thinking about buying stock in Mesa Air Group, Whiting Petroleum, Nautilus Inc, MGM Resorts, or Spirit Airlines?

NEW YORK, Aug. 11, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MESA, WLL, NLS, MGM, and SAVE. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Lonestar Resources, Valaris, Whiting Petroleum, Electrameccanica Vehicles, or Funko Inc?

NEW YORK, June 8, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LONE, VAL, WLL, SOLO, and FNKO. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Oil Price Crash Pushes Whiting Petroleum To Bankruptcy As Stock Slumps 91%

The struggling oil and gas company says it has more than $585 million of cash on its balance sheet and will continue to operate its business.

Whiting Petroleum files for bankruptcy, has enough liquidity to keep operating its business

Whiting Petroleum Corp. said Wednesday that it has filed for bankruptcy, as the company concluded that given a "severe downturn" in oil and gas prices resulting from the Saudi Arabia-Russia oil price war and COVID-19-related impact on demand a financial restructuring was the "best path forward." Th…

Whiting Petroleum cuts capex plans, stock plunges 40%

Shares of Whiting Petroleum Corp. plummeted 40% in premarket trading Monday, after the oil and gas company said it was cutting its 2020 capital budget by about 30%. The company said it now expects capital expenditures of $400 million to $435 million, which at the midpoint is $185 million less than …

Whiting Petroleum posts quarterly loss as costs surge

U.S. oil producer Whiting Petroleum Corp posted a quarterly loss on Thursday, hit by an 87% jump in costs and a drop in natural gas prices.
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Whiting Petroleum Blogs

Janet L. Carrig

Janet L. Carrig has been a director of Whiting Petroleum Corporation since September 2020.  Ms. Carrig. served as Senior Vice President, Legal, General Counsel and Corporate Secretary of ConocoPhillips from August 2007 through September 2018. Prior to joining ConocoPhillips, she worked at Zelle, Hof…

Daniel J. Rice

Daniel J. Rice has been a director of Whiting Petroleum Corporation since September 2020. Mr. Rice is the former CEO of Rice Energy where he oversaw Rice Energy’s growth from start-up through its $1 billion IPO in 2014 and eventual $8.2 billion sale to EQT in 2017.  He established Rice Energy’s stra…

Paul J. Korus

Paul J. Korus has been a director of Whiting Petroleum Corporation since September 2020. Mr. Korus was the Senior Vice President, Chief Financial Officer of Cimarex Energy Co. from September 2002 until his retirement in 2015, and held the same positions with its predecessor, Key Production Company, …

Kevin S. McCarthy

Kevin S. McCarthy has been Chairman of the Board of Whiting Petroleum Corporation since September 2020. Mr. McCarthy was Chairman of the Board of Directors for Kayne’s closed-end funds from their inception through July 2020.  He currently serves as Vice Chairman at Kayne Anderson Capital Advisors, L…

Susan M. Cunningham

Susan M. Cunningham has been a director of Whiting Petroleum Corporation since September 2020. Ms. Cunningham served as Executive Vice President, Exploration, New Ventures, Frontier, Business Innovation, for Noble Energy, Inc. until March 2017.  She previously served as Senior Vice President of Gulf…

Anne Taylor

Anne Taylor has been a director of Whiting Petroleum Corporation since September 2020.   Ms. Taylor retired in June 2018 from Deloitte, which she joined in 1987.  She held numerous top executive positions with that firm, including Vice Chairman, Managing Partner of the Houston office, U.S. Chief Str…
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Whiting Petroleum Frequently Asked Questions

  • When was Whiting Petroleum founded?

    Whiting Petroleum was founded in 1980.

  • Who are Whiting Petroleum key executives?

    Whiting Petroleum's key executives are Bradley J. Holly, Kevin S. McCarthy and Lynn A. Peterson.

  • How many employees does Whiting Petroleum have?

    Whiting Petroleum has 505 employees.

  • What is Whiting Petroleum revenue?

    Latest Whiting Petroleum annual revenue is $1.6 b.

  • What is Whiting Petroleum revenue per employee?

    Latest Whiting Petroleum revenue per employee is $3.1 m.

  • Who are Whiting Petroleum competitors?

    Competitors of Whiting Petroleum include MEG Energy, SPETCO and Approach Resources.

  • Where is Whiting Petroleum headquarters?

    Whiting Petroleum headquarters is located at 1700 Broadway Department Suite 2300, Denver.

  • Where are Whiting Petroleum offices?

    Whiting Petroleum has an office in Denver.

  • How many offices does Whiting Petroleum have?

    Whiting Petroleum has 1 office.