Whiting Petroleum Corporation (NYSE: WLL)
Company Overview
Whiting Petroleum Corporation, founded in 1980, is an independent E&P company with an oil-focused asset base, principally in the Williston Basin. Whiting possesses 409,593 net acres in the Bakken/Three Forks resource play in the Williston in North Dakota and Montana and 99,194 net acres in the DJ Basin of Colorado.
Whiting also recently purchased a bolt-on acquisition in the Bakken that closed at the end of July.
Summary
- Q2-2018 Revenue: $526 million
- Q2-2018 Production: 126 MBOEPD
- Total Common Stock Outstanding: 91 million
- Enterprise Value: $7.3 billion
- Total Debt: $2.9 billion
- 1P Reserves: 617 MMBOE
- Operating Margin: +25.11%
Management Team
Brad Holly – Chairman, President, CEO
Michael J. Stevens – Senior Vice President, CFO
Rick A. Ross – Senior Vice President, Operations
Peter W. Hagist – Senior Vice President, Planning & Reservoir Engineering
Bruce R. Deboer – Senior Vice President, Secretary and General Counsel
The Oil and Gas Conference®
Whiting Petroleum is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-22, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.
