WLL · Whiting Petroleum Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | $1.53B | - | $1.57B | $1.28B | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $49.52M | - | $132.61M | $123.25M | $124.29M | $146.88M |
| Total Operating Expenses | $1.09B | - | $1.56B | $1.51B | $3.01B | $2.11B |
| D&A | $206.47M | - | $816.49M | $781.33M | $948.94M | $1.17B |
| Operating Income | $441.61M | - | $12.67M | $569.88M | ($1.53B) | ($828.21M) |
| Interest Expense | $16.38M | - | $191.05M | $197.47M | $191.09M | $557.62M |
| Income Tax | $910.0K | - | $72.22M | $1.37M | ($482.98M) | ($87.65M) |
| Net Income | $427.91M | - | ($241.17M) | $342.49M | ($1.24B) | ($1.34B) |
| EPS - Basic | $10.97 | - | ($2.64) | $3.77 | ($13.65) | ($5.32) |
| EPS - Diluted | $10.78 | - | ($2.64) | $3.73 | ($13.65) | ($5.32) |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $41.24M | $25.61M | $8.65M | $13.61M | $879.38M | $55.98M |
| Accounts Receivable | $279.87M | $142.83M | $308.25M | $294.47M | $284.21M | $173.92M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $48.64M | $23.70M | $80.10M | $42.52M | $32.76M | $32.13M |
| Current Assets | $338.27M | $190.42M | $330.98M | $398.43M | $1.19B | $622.60M |
| Total Assets | $2.46B | $2.04B | $7.64B | $7.76B | $8.40B | $9.88B |
| Current Liabilities | $637.73M | $321.99M | $550.41M | $536.93M | $1.55B | $478.33M |
| Long-term Debt | $0 | $360.00M | $2.80B | $2.79B | $2.76B | $3.54B |
| Total Liabilities | $794.31M | $815.14M | $3.61B | $3.49B | $4.48B | $4.73B |
| Stockholders' Equity | $1.66B | $1.23B | $4.02B | $4.27B | $3.92B | $5.14B |
| Retained Earnings | $7.65B | $39.07M | ($2.39B) | ($2.14B) | ($2.49B) | ($1.25B) |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $740.24M | - | $755.96M | $1.09B | $595.01M | $595.01M |
| Investing Cash Flow | ($360.20M) | - | ($733.85M) | ($953.05M) | ($222.58M) | ($222.58M) |
| Financing Cash Flow | ($367.17M) | - | ($27.07M) | ($1.00B) | ($315.26M) | ($315.26M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 28.8% | - | 0.8% | 44.3% | - | - |
| EBITDA margin | 42.3% | - | 52.7% | 105.2% | - | - |
| Net margin | 27.9% | - | -15.3% | 26.7% | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 3.2% | - | 8.4% | 9.6% | - | - |
| Effective tax rate | 0.2% | - | - | 0.4% | - | - |
| Return on assets | 17.4% | - | -3.2% | 4.4% | -14.7% | -13.6% |
| Return on equity | 25.7% | - | -6.0% | 8.0% | -31.6% | -26.0% |
| Return on invested capital | 26.5% | - | 0.1% | 8.0% | -18.1% | -7.5% |
| Liquidity | ||||||
| Current ratio | 0.53 | 0.59 | 0.60 | 0.74 | 0.77 | 1.30 |
| Quick ratio | 0.53 | 0.59 | 0.60 | 0.74 | 0.77 | 1.30 |
| Cash ratio | 0.06 | 0.08 | 0.02 | 0.03 | 0.57 | 0.12 |
| Leverage | ||||||
| Debt / Equity | 0.00 | 0.29 | 0.70 | 0.65 | 0.71 | 0.69 |
| Debt / Assets | 0.00 | 0.18 | 0.37 | 0.36 | 0.33 | 0.36 |
| Debt / EBITDA | 0.00 | - | 3.38 | 2.07 | - | 10.30 |
| Interest coverage | 27.0x | - | 0.1x | 2.9x | -8.0x | -1.5x |
| Equity multiplier | 1.48 | 1.66 | 1.90 | 1.82 | 2.14 | 1.92 |
| Liabilities / Assets | 0.32 | 0.40 | 0.47 | 0.45 | 0.53 | 0.48 |
| Efficiency | ||||||
| Asset turnover | 0.62 | - | 0.21 | 0.17 | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 67d | - | 72d | 84d | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | 22.4% | - | - | - |
| Revenue CAGR (3y) | 6.1% | - | - | -14.4% | - | - |
| Revenue CAGR (5y) | - | - | -12.6% | -14.6% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | -97.8% | - | -84.7% | 72.3% |
| Net income growth (YoY) | - | - | - | - | 7.6% | 39.7% |
| EPS growth (YoY) | - | - | - | - | -156.6% | 53.1% |
| EPS CAGR (3y) | 42.4% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | 4.0% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 35.4% | -69.5% | -5.7% | 9.0% | -23.8% | 8.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$3.05B totalOil And Gas Exploration And Production$1.51B · 49.6%
Oil And Condensate$1.25B · 41.1%
Natural Gas Production$260.82M · 8.6%
Oil And Gas Purchased$21.64M · 0.7%
Stability scores
Altman Z′
FY 2021 · bankruptcy risk
4.61
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2021 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- -ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- -No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing WHITING PETROLEUM CORP against the 5 most active filers in the same SIC group.