P/E ratio for Whiting Petroleum (WLL)
P/E ratio as of April 2024 (TTM): 6.79
According to Whiting Petroleum's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.78942. At the end of 2021 the company had a P/E ratio of 5.91.
P/E ratio history for Whiting Petroleum from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.91 | |
| 2019 | -2.77 | -145.9% |
| 2018 | 6.03 | -410.84% |
| 2017 | -1.94 | -15.53% |
| 2016 | -2.30 | 167.32% |
| 2015 | -0.8597 | -102.16% |
| 2014 | 39.8 | 98.57% |
| 2013 | 20.0 | 62.05% |
| 2012 | 12.4 | 10.62% |
| 2011 | 11.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 EOG Resources EOG | 9.77 | 43.92% | 🇺🇸 USA |
 Marathon Oil
MRO | 10.2 | 49.82% | 🇺🇸 USA |
 Northern Oil and Gas NOG | 5.43 | -20.05% | 🇺🇸 USA |
 Bonanza Creek Energy
BCEI | N/A | N/A | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.