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, US
Websitewhiting.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Jan 2019)755(-9%)
Job Openings7
Revenue (FY, 2018)$2.1 B(+41%)
Share Price (Nov 2019)$4.6 (-10%)

Key People/Management at Whiting Petroleum

Brad Holly

Brad Holly

Chairman, President and Chief Executive Officer
Michael J. Stevens

Michael J. Stevens

Senior Vice President and CFO
Tim Sulser

Tim Sulser

Chief Corporate Development and Strategy Officer
Rick A. Ross

Rick A. Ross

Senior Vice President, Operations
Peter W. Hagist

Peter W. Hagist

Senior VP of Planning and Reservoir Engineering
Bruce R. Deboer

Bruce R. Deboer

Senior Vice President, General Counsel and Secretary
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Whiting Petroleum Office Locations

Whiting Petroleum has an office in Denver
Denver, 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 $2.08 b in FY, 2018
USD

Revenue (Q3, 2019)

375.9m

Net income (Q3, 2019)

(19.1m)

EBIT (Q3, 2019)

24.6m

Market capitalization (29-Nov-2019)

418.2m

Closing stock price (29-Nov-2019)

4.6
Whiting Petroleum's current market capitalization is $418.2 m.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.5b1.9b2.2b2.8b3.1b2.1b1.3b1.5b2.1b

Revenue growth, %

9%(34%)

General and administrative expense

64.7m85.0m108.6m138.0m177.2m172.6m146.9m124.3m123.3m

Operating expense total

64.7m85.0m108.6m138.0m177.2m172.6m146.9m124.3m123.3m
USDY, 2019

Financial Leverage

1.9 x
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Whiting Petroleum Online and Social Media Presence

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Whiting Petroleum News and Updates

Whiting Petroleum, Chesapeake Energy stock plunges highlight energy sector selloff

Shares of energy companies were in broad decline Thursday, highlighted by the plunges in Whiting Petroleum Corp.’s and Chesapeake Energy Corp.’s stocks, as crude oil prices were suffering their worst one-day performance in nine months.

Whiting Petroleum Craters in Worst-Ever Rout After Surprise Loss

Whiting Petroleum Fires One-Third of Workers, Cuts Output Target

Whiting Petroleum posts surprise quarterly loss, cuts 33% workforce

Whiting Petroleum said on Wednesday it has cut its workforce by 33% after reporting a second-quarter surprise loss, hit by a drop in crude and natural gas prices.

Whiting Petroleum cuts 254 jobs

Whiting Petroleum said on Wednesday it has reduced its workforce by 33%, or 254 jobs, as the oil and gas producer looks to cut costs. The company now expects to realize $50 million in annual cost savings. (Reporting by Arunima Kumar in Bengaluru; Editing by Shinjini Ganguli)

Ingevity Set to Join S&P MidCap 400; Whiting Petroleum to Join S&P SmallCap 600

NEW YORK, March 12, 2019 /PRNewswire/ -- S&P SmallCap 600 constituent Ingevity Corp. (NYSE: NGVT) will replace Esterline Technologies Corp. (NYSE: ESL) in the S&P MidCap 400, and Whiting Petroleum Corp. (NYSE: WLL) will replace Ingevity in the S&P SmallCap 600 effective prior to the open…

WHITING PETROLEUM INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Whiting Petroleum Corporation - WLL

NEW ORLEANS, March 1, 2019 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Whiting Petroleum Corporation (NYSE: WLL). On January 2, 2019,...
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Whiting Petroleum Blogs

Douglas L. Walton

Doug Walton joined Whiting Oil and Gas Corporation in June 2004 as a Senior Drilling Engineer, became Drilling Manager in January 2006 and Vice President – National Drilling Manager for Whiting Oil and Gas Corporation in March 2008. Mr. Walton has 37 years of oil and gas experience including staff a…

Brad Marvin

Brad Marvinis Whiting Petroleum’s Vice President of Business Development, responsible for origination, analysis, execution and integration of acquisitions as well as execution of divestitures. Prior to joining Whiting, Brad was Vice President of Business Development at FourPoint Energy, a Denver-bas…

Kevin A. Kelly

Kevin Kelly joined Whiting Petroleum in November 2018 as Vice President of Marketing. He spent the last twenty years with Anadarko Petroleum Corporation in various roles including internal audit, acquisitions and divestitures, international business development & strategy, LNG marketing, fundame…

Rick Hatcher

Rick Hatcher was recently appointed to VP, Information Technology. Mr. Hatcher joined Whiting in January 2018 as Sr. Director, IT. Graduated from DeVry Institute of Technology in 1984 with a degree in Computer Science and an MBA from Colorado State University in 1997 with highest honors. Prior to Wh…

Jason Finch

Jason Finch earned a degree in Religious Studies from Westmont College in Santa Barbara, CA and a degree in Finance and Accounting from Santa Monica College. After competing professionally in Track and Field and triathlon, Jason began his career in oil and gas at Anadarko Petroleum Corporation. Whil…

Chris Edwards

Chris Edwards earned a Bachelor of Science in Geology from Ohio University, a MS in Geoscience from The University of Texas and an MBA from the University of Denver. He began his career in the oil and gas industry in Houston with ExxonMobil, working in exploration and development roles in the US and…
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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 Brad Holly, Michael J. Stevens and Tim Sulser.

  • How many employees does Whiting Petroleum have?

    Whiting Petroleum has 755 employees.

  • What is Whiting Petroleum revenue?

    Latest Whiting Petroleum annual revenue is $2.1 b.

  • What is Whiting Petroleum revenue per employee?

    Latest Whiting Petroleum revenue per employee is $2.8 m.

  • Who are Whiting Petroleum competitors?

    Competitors of Whiting Petroleum include Cairn India, EP Energy and Parsley Energy.

  • 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.