Whiting Petroleum Corporation (WLL): Today's Featured Energy Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Whiting Petroleum Corporation ( WLL) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 0.2%. By the end of trading, Whiting Petroleum Corporation rose 93 cents (2.1%) to $45.45 on average volume. Throughout the day, 1.9 million shares of Whiting Petroleum Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in a price between $43.86-$45.78 after having opened the day at $44.47 as compared to the previous trading day's close of $44.52. Other companies within the Energy industry that increased today were: Dejour Energy ( DEJ), up 16.2%, HyperDynamics Corporation ( HDY), up 9.1%, Houston American Energy Corporation ( HUSA), up 7.8%, and Gasco Energy ( GSX), up 6.8%.

Whiting Petroleum Corporation, an independent oil and gas company, 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. Whiting Petroleum Corporation has a market cap of $5.24 billion and is part of the basic materials sector. The company has a P/E ratio of 10.2, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 4.6% year to date as of the close of trading on Friday. Currently there are 20 analysts that rate Whiting Petroleum Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Whiting Petroleum Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Zion Oil & Gas ( ZN), down 10.8%, Energy Services of America Corporation ( ESA), down 9.1%, Crimson Exploration ( CXPO), down 6.3%, and Recon Technology ( RCON), down 6.1%, were all laggards within the energy industry with BP ( BP) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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