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
Type
Public
HQ
Denver, US
Founded
1980
Size (employees)
850 (est)-29%
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 Data and Metrics

Whiting Petroleum Corporation Financial Metrics

Whiting Petroleum Corporation's revenue was reported to be $2.1 b in FY, 2015 which is a 34% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2015)

2.1 b

Revenue growth (FY, 2014 - FY, 2015), %

(34%)

Net income (FY, 2015)

(2.2 b)

Market capitalization (23-May-2017)

3.2 b

Closing share price (23-May-2017)

8.7

Cash (31-Dec-2016)

56 m
Whiting Petroleum Corporation's current market capitalization is $3.2 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015

Revenue

2.8 b3.1 b2.1 b

Revenue growth, %

9%(34%)

Operating expense total

5 b

Interest expense

334.1 m

Pre tax profit

(3 b)

Net Income

366 m64.7 m(2.2 b)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

699.5 m78.1 m16.1 m56 m

Accounts Receivable

Inventories

Current Assets

1.1 b843 m535.2 m622.6 m

Goodwill

875.7 m

Total Assets

8.8 b14 b11.4 b9.9 b

Accounts Payable

Current Liabilities

777.7 m1.2 b599.8 m478.3 m

Additional Paid-in Capital

1.6 b3.4 b4.7 b6.4 b

Retained Earnings

2.2 b2.3 b90.5 m(1.2 b)

Total Equity

3.8 b5.7 b4.8 b5.1 b

Financial Leverage

2.3 x2.5 x2.4 x1.9 x
Numbers are in $, 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

Accounts Receivable

Inventories

Accounts Payable

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)

Dividends Paid

(538 k)(538 k)(538 k)

Cash From Financing Activities

812.4 m423.9 m868.7 m(315.3 m)

Interest Paid

66.5 m135.2 m292.9 m240 m
Y, 2016

Financial Leverage

1.9 x

Whiting Petroleum Corporation Market Value History

Whiting Petroleum Corporation Online and Social Media Presence

Whiting Petroleum Corporation Company Life and Culture

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