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Whiting Petroleum Corporation



) hit a new 52-week high Friday as it traded at $69.77 compared with its previous 52-Week high of $69.74. Whiting is changing hands at $69.73 with 830,953 shares traded as of 2:32 p.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Whiting has a market cap of $8.1 billion and is part of the

basic materials

sector and


industry. Shares are up 17% year to date as of the close of trading on Thursday.

Whiting Petroleum Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and gas primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast, and Michigan regions of the United States. The company has a P/E ratio of 26.8, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 16.

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TheStreet Ratings rates Whiting as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Whiting Ratings Report


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