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 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $526.86M | - | $401.04M | $351.65M | $307.39M | - | $122.56M | $91.60M | $244.85M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $18.59M | - | $11.96M | $11.99M | $10.29M | - | $16.51M | $28.14M | $47.17M | - |
| Total Operating Expenses | $621.39M | - | $199.30M | $409.43M | $305.75M | - | $188.47M | $608.78M | $3.85B | - |
| D&A | $49.23M | - | $51.93M | $51.62M | $53.73M | - | $71.24M | $83.55M | $183.97M | - |
| Operating Income | ($94.54M) | - | $201.73M | ($57.78M) | $1.64M | - | ($65.91M) | ($517.18M) | ($3.61B) | - |
| Interest Expense | $2.28M | - | $3.87M | $3.98M | $5.10M | - | $11.38M | $16.43M | $45.25M | - |
| Income Tax | $7.29M | - | $0 | $0 | $0 | - | ($55.35M) | ($1.03M) | $0 | - |
| Net Income | ($37.43M) | - | $198.16M | ($61.49M) | ($946.0K) | - | $237.43M | ($574.32M) | ($3.63B) | - |
| EPS - Basic | ($0.95) | - | $5.07 | ($1.57) | ($0.02) | - | $2.60 | ($6.28) | ($39.70) | - |
| EPS - Diluted | ($0.95) | - | $5.00 | ($1.57) | ($0.02) | - | $2.60 | ($6.28) | ($39.70) | - |
Balance Sheet
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $208.0K | $41.24M | $12.91M | $16.65M | $24.70M | $25.61M | $22.66M | $492.09M | $566.27M | $8.65M |
| Accounts Receivable | $333.32M | $279.87M | $217.70M | $214.22M | $203.06M | $142.83M | $136.96M | $165.49M | $245.91M | $308.25M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $102.32M | $48.64M | $57.52M | $51.79M | $53.64M | $23.70M | $47.17M | $31.48M | $66.72M | $80.10M |
| Current Assets | $347.15M | $338.27M | $244.93M | $248.02M | $245.48M | $190.42M | $177.57M | $713.06M | $1.03B | $330.98M |
| Total Assets | $2.79B | $2.46B | $2.29B | $2.11B | $2.10B | $2.04B | $2.10B | $3.73B | $4.53B | $7.64B |
| Current Liabilities | $980.82M | $637.73M | $663.89M | $611.54M | $461.66M | $321.99M | $311.91M | $1.19B | $3.88B | $550.41M |
| Long-term Debt | $50.00M | $0 | $72.00M | $115.00M | $245.00M | $360.00M | $425.33M | $3.28B | $2.80B | $2.80B |
| Total Liabilities | $1.17B | $794.31M | $922.08M | $938.34M | $868.14M | $815.14M | $4.00B | $3.91B | $4.13B | $3.61B |
| Stockholders' Equity | $1.62B | $1.66B | $1.37B | $1.17B | $1.23B | $1.23B | ($269.56M) | ($178.28M) | $394.70M | $4.02B |
| Retained Earnings | $419.52M | $466.98M | $174.80M | ($23.36M) | $38.13M | $39.07M | $7.65B | ($6.59B) | ($6.01B) | ($2.39B) |
Cash Flow
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $208.61M | - | - | - | $153.19M | - | - | - | $37.21M | - |
| Investing Cash Flow | ($284.04M) | - | - | - | ($36.85M) | - | - | - | ($120.18M) | - |
| Financing Cash Flow | $34.40M | - | - | - | ($117.61M) | - | - | - | $640.59M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -17.9% | - | 50.3% | -16.4% | 0.5% | - | -53.8% | -564.6% | -1474.1% | - |
| EBITDA margin | -8.6% | - | 63.3% | -1.8% | 18.0% | - | 4.3% | -473.4% | -1398.9% | - |
| Net margin | -7.1% | - | 49.4% | -17.5% | -0.3% | - | 193.7% | -627.0% | -1482.0% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 3.5% | - | 3.0% | 3.4% | 3.3% | - | 13.5% | 30.7% | 19.3% | - |
| Effective tax rate | - | - | 0.0% | - | - | - | -30.4% | - | - | - |
| Return on assets | -1.3% | - | 8.6% | -2.9% | -0.0% | - | 11.3% | -15.4% | -80.2% | - |
| Return on equity | -2.3% | - | 14.5% | -5.3% | -0.1% | - | -88.1% | 322.1% | -919.3% | - |
| Return on invested capital | -4.5% | - | 14.0% | -3.6% | 0.1% | - | -42.3% | -13.2% | -89.3% | - |
| Liquidity | ||||||||||
| Current ratio | 0.35 | 0.53 | 0.37 | 0.41 | 0.53 | 0.59 | 0.57 | 0.60 | 0.26 | 0.60 |
| Quick ratio | 0.35 | 0.53 | 0.37 | 0.41 | 0.53 | 0.59 | 0.57 | 0.60 | 0.26 | 0.60 |
| Cash ratio | 0.00 | 0.06 | 0.02 | 0.03 | 0.05 | 0.08 | 0.07 | 0.41 | 0.15 | 0.02 |
| Leverage | ||||||||||
| Debt / Equity | 0.03 | 0.00 | 0.05 | 0.10 | 0.20 | 0.29 | -1.58 | -18.40 | 7.09 | 0.70 |
| Debt / Assets | 0.02 | 0.00 | 0.03 | 0.05 | 0.12 | 0.18 | 0.20 | 0.88 | 0.62 | 0.37 |
| Debt / EBITDA | - | - | 0.28 | - | 4.43 | - | 79.84 | - | - | - |
| Interest coverage | -41.5x | - | 52.1x | -14.5x | 0.3x | - | -5.8x | -31.5x | -79.8x | - |
| Equity multiplier | 1.73 | 1.48 | 1.67 | 1.80 | 1.71 | 1.66 | -7.78 | -20.93 | 11.47 | 1.90 |
| Liabilities / Assets | 0.42 | 0.32 | 0.40 | 0.45 | 0.41 | 0.40 | 1.91 | 1.05 | 0.91 | 0.47 |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | - | 0.18 | 0.17 | 0.15 | - | 0.06 | 0.02 | 0.05 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 231d | - | 198d | 222d | 241d | - | 408d | 659d | 367d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 71.4% | - | 227.2% | 283.9% | 25.5% | - | -67.4% | -82.6% | -37.1% | - |
| Revenue CAGR (3y) | 10.6% | - | -10.9% | 4.1% | -15.8% | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | 25.4% | 0.7% | 1.0% | - | -24.8% | -31.1% | -14.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | 88.8% | - | - | - | - | -7746.6% | - |
| Net income growth (YoY) | -3856.6% | - | -16.5% | 89.3% | 100.0% | - | - | -9998.7% | -5164.5% | - |
| EPS growth (YoY) | -4650.0% | - | 92.3% | 75.0% | 99.9% | - | - | -10366.7% | -5123.7% | - |
| EPS CAGR (3y) | - | - | 55.9% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 31.5% | 35.4% | - | - | 211.3% | -69.5% | - | - | -90.6% | -5.7% |
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%
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing WHITING PETROLEUM CORP against the 5 most active filers in the same SIC group.