Whiting Petroleum
WLL
#3623
Rank
$2.66 B
Marketcap
$68.03
Share price
-6.40%
Change (1 day)
50.31%
Change (1 year)

P/E ratio for Whiting Petroleum (WLL)

P/E ratio as of February 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
20215.91
2019-2.77-145.9%
20186.03-410.84%
2017-1.94-15.53%
2016-2.30167.32%
2015-0.8597-102.16%
201439.898.57%
201320.062.05%
201212.410.62%
201111.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.59 26.53%๐Ÿ‡บ๐Ÿ‡ธ USA
8.81 29.79%๐Ÿ‡บ๐Ÿ‡ธ USA
4.43-34.81%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ 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.